The Wyoming Dynasty Trust: A House Built to Last a Thousand Years

What is a dynasty trust?

Most trusts are built to end. A typical plan holds assets for a season, then hands them out, and the family's shared legacy splits apart into separate pieces along with the liquidated assets, and dissolves to be remembered no more. Families are dynastic in nature by divine design. They are meant to last forever, not to end. A family trust should too.

A Dynasty Trust is built to endure forever. It is a private everlasting family covenant. The trust keeps and multiplies the family's assets, and each generation becomes a steward of what the last one built. Offspring, grandchildren, and generations upon generations of descendants that come later benefit from the household legacy and wealth rather than dividing and destroying it and having to start over again every generation. It is not a will with a set of instructions; it is a private family covenant that never sunsets and a private family treasury that never runs out.

The Spacious Place models its Dynasty Architecture after the timeless Biblical wisdom of the three cord strand. Three layers, one seamless design for maximum privacy, generational wealth preservation, protection and continuance.

• The first cord is the core of the model and the most Private layer. We call ours a Family Legacy Trust: a new name for something as old as the family itself. This layer is the ultimate owner of all the legacy assets and contains the family’s generational succession plans. The original family Settlors serve as Trustees with every generation of descendants named as the beneficiaries. The Family Legacy Trust is irrevocable and perpetual, 100% family controlled. This is like the Father of the Biblical trinity, “no one has ever seen the Father but the Son.” The public never sees this layer; it is absolutely private.
• The second cord is the Pass-Through Trust. This trust moves assets from the public to the private layer, ensuring the private Family Legacy Trust stays invisible. This is a stewarding trust and is like the Son of the Biblical trinity. Its job is to be the perfect expression of the Family Legacy Trust and carry out the family’s will. A Mirror and Conformity Clause automatically matches every provision of the Family Legacy Trust. It is worthy to receive all the income, riches, glory, power, and authority. The ministerial trustee of this trust is the Private Family Trust Company and the beneficiary is the private Family Legacy Trust (keeping the family names out of public view).
• The third cord is the public layer, set up as an unregulated Wyoming Private Family Trust Company. The Spacious Place combines the Private Family Trust Company with a Digital Asset LLC to create a first-of-its-kind holding and management structure built to carry the family 1,000 years into the future. The Private Family Trust Company carries out the business of the private family affairs, pays bills, and deals with the public. This layer is like the Holy Spirit of the Biblical model with many public expressions and ability to spin up sub entities. Its job is to bring glory, honor, and riches into the private layers of the family treasury.

A three strand cord is not easily broken. A carefully crafted dynasty trust architecture is the perfect private container that embodies this ancient truth and ensures generations not yet born will be protected and provided for.

How do assets and income move through the three layers?

1. Sub-entities hold specific things. The architecture can include sub-trusts and special purpose entities: an auto trust, home real estate trusts, LLCs and businesses, a ministry, sub-trusts for individual children. Each holds its asset and does its business in its own name.
2. The family company deals with the outside world. The Private Family Trust Company & Digital Asset LLC handles the banking, bill paying, contracts, and the custody of digital assets under its Digital Asset Management & Custody Agreement.
3. The Pass-Through Trust receives what flows upward. It owns the Private Family Trust Company and all sub entities, and its Mirror and Conformity Clause matches every provision of the Family Legacy Trust, so the conduit follows the same private law as the core.
4. The Family Legacy Trust keeps it. As sole beneficiary of the Pass-Through Trust, it is the ultimate owner. The charter includes a mandatory automatic sweep of newly acquired or received revenue, money, and assets into the private layer.

Control runs the other way. The family's fiduciaries set direction in the Family Legacy Trust, the same family succession runs through the Pass-Through Trust, and the company's managers mirror the trustee succession. The outside world deals only with the company.

Why Wyoming

Several states have loosened the old limits on how long a trust may last, but many still limit it to one lifetime. Wyoming is among the most thoughtful of them, and it pairs long duration with other modern world-class trust features. Wyoming’s impeccable reputation as a haven for unregulated Private Family Trust Companies, its long history of defending privacy, and its pioneering digital asset laws have earned it the honorable title among many as “The Switzerland of the West.”

• Lasts 1,000 years. Many states have rules against perpetuities. Under Wyoming Statute § 34-1-139(b), a trust that holds property in addition to direct interests in real estate may continue for up to 1,000 years if (1) the trustee maintains a place of business in Wyoming, administers the trust in Wyoming, or is a Wyoming resident, and (2) the trust terms require interests to vest or end within 1,000 years.
• A perpetual Wyoming trustee that never changes or moves away. In the Dynasty Architecture, the family forms its own Wyoming Private Family Trust Company, set up to serve as the qualified Wyoming trustee. TSP's Private Family Trust Companies are unregulated Wyoming LLCs with an administrative nexus in Wyoming, and because the trustee is the company rather than any individual family member, it can serve in that role. The family runs the company; the company gives the trust its Wyoming home, and it does not age, relocate, or fail for want of a trustee.
• A note on land. Real property held directly by a trust can still be subject to different states’ traditional rule against perpetuities. Families commonly address this by having the private Family Legacy Trust layer which has its own private law with no rule against perpetuities own the real estate assets, and the Pass-Through Trust own the “other assets,” or have the Pass-Through Trust set up an LLC that holds the real estate (like the Private Family Trust Company), so the trust holds LLC membership interests (personal property) rather than the land itself.
• Wealth preservation. Jurisdiction matters. Wyoming imposes no state income tax, including on trust income, capital gains tax, or inheritance tax on trust assets. If not structured in a world-class trust jurisdiction like Wyoming, your home state may attempt to tax your trust or its beneficiaries depending on where people live and how the trust is structured.
• Modern trust tools. Wyoming law recognizes spendthrift provisions (§ 4-10-502) and directed trusts (§ 4-10-718), which let a trust assign investment or distribution decisions to named advisors, useful for families who want to stay close to their own affairs.
• Unmatched privacy laws. Wyoming does not require trusts to be publicly recorded, ensuring ultimate family privacy. For LLCs, member owners are not made available to the public. “Quiet trust” provisions also empower trustees to keep beneficiary information sealed, not disclosing beneficial interests even to the beneficiaries themselves. This privacy adds layers of protection against outside “bad actors” and generational protection against “affluenza.”

How does a dynasty trust pass from one generation to the next?

A dynasty trust is only as durable as its succession plan. In the Dynasty Architecture the plan is written into every layer:

• A family line of fiduciaries. The father and mother serve as the initial trustees until death or resignation. Then the adult offspring succeed as successor trustees, and each successive generation of adult descendants steps into the fiduciary roles.
• Four family offices. Fiduciary duties and powers are divided among four offices: Ministerial, Investment, Distribution, and the Board of Sacred Stewards as trust protector. A division of powers is a great stewarding tool for the family as the household multiplies over the generations.
• The company mirrors the trust. The managers of the Private Family Trust Company follow the same succession as the trustees, so the public-facing trustee itself never has to be replaced.
• A plan for young families. If no adult beneficiary is yet capable of serving, a contingent temporary outside successor trustee can hold the office until one is.

How the Board of Sacred Stewards adjusts the trust over the generations, and how the four offices work day to day, is up to your family to decide. Procedures are explained on our Family Legacy Trust page.

What documents come with the Dynasty Architecture?

Three heirloom folios, one for each cord:

• Folio one: the Family Legacy Trust. The full trust indenture (the Declaration and Articles 1 to 11, including Architecture and Sub Entities in Article 10 and Decanting and Migration in Article 11), its Riders, the schedules and banking resolutions, the Certification of Trust, Schedule I Fiduciary Designation, and the Initial Trust Minutes. The article by article walkthrough is on our Family Legacy Trust page.
• Folio two: the Pass-Through Trust. The conduit trust, with the Mirror and Conformity Clause that matches every provision of the Family Legacy Trust.
• Folio three: the Private Family Trust Company & Digital Asset LLC. The Articles, Operating Agreements, and EINs, a Wyoming registered agent with a Wyoming address, the Wyoming Division of Banking regulation waiver that keeps the company within the family, and the Digital Asset Management & Custody Agreement with its Memorandum of Instructions.

What the company layer is and how it is governed is covered in depth on our Wyoming Private Family Trust Company page.

Is a Wyoming dynasty trust also a Wyoming asset protection trust?

Yes, by nature. No, by name. They are two different ideas in law, and a family should know which one it is building.

• A dynasty trust is built for perpetual duration, generational succession, and family continuance. Its strongest value is legacy transfer and family continuance for a thousand generations. The family’s legacy assets and wealth are protected for the beneficiaries to enjoy forever. A spendthrift provision keeps a beneficiary's creditors from reaching an interest before it is distributed, and where distributions are fully discretionary a beneficiary's creditor cannot compel one. The indenture also includes decanting, automatic migration, and charging order protection provisions.
• An asset protection trust is a spendthrift trust. It is built to let the person who creates it remain a discretionary beneficiary while limiting that person's creditors. Its focus is not generational succession and legacy transfer. The Dynasty Trust Architecture by The Spacious Place incorporates a world-class spendthrift clause, but the architecture is a much more robust and stronger design.
• The Dynasty Architecture is written as a Family Legacy Trust for the family's generations, and this page does not describe it as a qualified spendthrift trust. Under either form, transfers made to hide assets from existing creditors can be undone. A trust does not make anyone untouchable. How spendthrift and discretionary protection work in a single irrevocable trust is explained on our irrevocable family trust page.

How do you set up a Wyoming dynasty trust?

1. Decide as a family. Put your stewardship principles into words and decide who will serve as the Founding Settlors.
2. Purchase directly, or book a family conversation first. Payment plans are available through partner third parties.
3. Answer the family questions. After checkout, the family answers its questions and a steward follows up personally.
4. We form and write it. Within thirty days: the Family Legacy Trust, the Pass-Through Trust, and the Private Family Trust Company & Digital Asset LLC, organized with the Wyoming Secretary of State, with a registered agent, a Wyoming address, EINs, and the Division of Banking waiver.
5. Sign. The Founding Settlors sign the executable documents before a notary. Schedule I designates the fiduciary offices, and the Initial Trust Minutes record the trust's first acts.
6. Open the accounts. Each entity uses its own EIN, and the company opens the accounts that deal with the outside world.
7. Fund it, layer by layer. Legacy real estate and other long-term assets go to the private layer. Business interests and non-legacy property can sit in LLCs and sub-entities, and digital assets go into the Digital Asset LLC under its custody agreement. Retirement accounts are generally not retitled. Before moving a home, check with your lender, county assessor, and insurer.
8. Keep separate books. Log every transfer, and keep each layer's accounts apart. Commingling undoes the separation the architecture depends on.

Funding asset by asset, with the due-on-sale and retirement account cautions, is set out on our irrevocable family trust page.

What a dynasty trust usually costs, and what we do differently

Dynasty trusts have traditionally been an expensive tool of very large estates, priced at levels only Ultra High Net Worth Families could afford. DAG Group charges $20K for an irrevocable trust + $1500 for Digital Asset LLC + Annual Stewardship fees. Specialist firms commonly charge $20,000 to $75,000 to set one up, plus $10,000 to $50,000 a year to administer it (Reed Corp).

Setting up a Private Family Trust Company in many states comes with a minimum capitalization requirement of $500,000 on average, annual compliance fees, and subjection to state regulation.

The Spacious Place Dynasty Architecture is a pioneering, world-class trust architecture design, done-for-you, which includes all the necessary document preparation, priced so that every family can afford one. We believe every family should be a dynasty and live in covenant.

The Spacious Place’s Dynasty Architecture empowers every family to be its own steward through its own unregulated, self-governing, perpetual Wyoming Private Family Trust Company (which has no minimum capitalization requirements or ongoing state regulation). $6,500 flat one-time fee with no outrageous annual administration fees.

We beautifully wrap each entity in three heirloom grade, American leather folios. Combining modern American Trust ingenuity design with classic American leatherwork, craftsmanship to last 1,000 years.

Do you need the Dynasty Architecture, or is the Family Legacy Trust enough?

• The Family Legacy Trust ($3,000) is a single irrevocable family trust, for a household whose assets are minimal: savings and personal property.
• The Family Legacy Trust + Wyoming Digital Asset LLC ($3,589) adds a trust-owned company for crypto and digital holdings.
• The Dynasty Architecture ($6,500) is for families with land, a family homestead, a family business, or much to steward, and for families who want their own Wyoming trustee company and the privacy of the pass-through layer.
• None of them is the right fit for assets you expect to need back outright, or for hiding assets away from a claim already in motion. Families of very great wealth with many holding structures are usually better served by a team built to customize at that scale.

The single trust is explained on our Family Legacy Trust page.

Who this is for

Families are meant to be dynasties. The whole purpose of a family is to be fruitful and multiply. Your family was made to be forever. God keeps His covenants for a thousand generations. By creating your own everlasting covenant, you ensure your house shall always be. The Dynasty Trust Architecture is really for every family, but specifically for people who:

• Desire to build and pass down a dynastic American family name and legacy.
• Want generations of their offspring to inherit the family legacy, values, and generational wealth.
• Seek to establish a private family treasury that creates holistic prosperity, compounds exponentially, and brings about generational freedom from usury.
• Own a family business, farmland, legacy assets, or digital assets they want held together.
• Value familial dominion, self-governance, sovereignty, privacy, and stewardship.

It may not be the right fit if you expect to need or want the assets back outright in your personal name, or if family continuance and generational success is not a priority for you.

We share God’s opinion: what He puts together let no man separate. Family is the one thing worth investing in forever.

Your path

1. Go all in on your family, forever. Is establishing an everlasting and perpetual family structure right for your family? Decide on becoming a Founding Settlor. Explore your family’s beliefs about stewardship, legacy, self-governance, and family continuance. Put your stewardship principles and beliefs into words together.
2. Begin building your Dynasty Architecture. You can purchase directly or set up a call with our house to discuss with your family privately.
3. We write it for your house. Your own private Family Legacy Trust, Pass-Through Trust, and your Wyoming Private Family Trust Company & Digital Asset LLC. Thirty days, done for you.
4. Live in self-governing familial dominion. Execute the documents, tailor it to your family by adding your custom family amendments, move your property into the trust to begin living in your new glorified estate immediately.
5. Keep the folios at the table. Apprentice the next generation of family stewards.

Frequently asked questions