GetDynasty

Structure early and maximize your exclusion.

QSBS eligibility has hard rules. The clock starts at issuance. Most founders miss the window because their lawyers brought it up at the wrong stage.

Unpopular opinion: waiting until your Series B to think about trust planning is already too late. ⏰

This is key 🙌 Giving our customers the best experience is most important to us. We are constantly refining the details and love the feedback. (I know u guys haven’t been filling out our survey!! Do it!!)

Another successful day or challenging wealth distribution and democratizing trusts 👊

“Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one’s taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands.” -Judge Learned Hand

Chobani creamer was just delivered to the office. If that doesn't convince that GetDynasty is the right choice for your estate planning then I don't know what will.

@tarakeeney We’re tuned in!

Six months ago I started walking with founders to figure out what to build next. I always knew I wanted to start my own company. i just needed to be ready for it. I spent a decade building the biggest startups. I wanted to learn everything about how to scale from nothing. I started walking with a few founder friends to bounce ideas off them. And it just happened… the idea hit me. Behind the scenes I’m building something bigger than I ever imagined. I’m petrified. I’m so fucking excited. But I’m ready! You have no idea what’s coming. Stay with me…. THIS IS ABOUT TO GET VERY FUN!!!!

Most people think about next month. Dynasty clients think about the next 100 years. Which are you?

In an uncertain economy, the one thing you can control is your plan 🔒

Me when I stack four trusts and secure generational wealth for my whole family

“I just set up a trust on @getdynasty_com. We’re stacking QSBS‑eligible trusts with ongoing compliance so we can capture tax-free gains at exit.”

How founders can reduce taxes 🤠

How startup founders can save millions in taxes using QSBS trusts Going live with @sandrochess, founder & CEO @getdynasty_com x.com/i/broadcasts/1…

The ceo of Roblox got over $120m in tax free gains when he took his company public. How did he do it? By taking advantage of the greatest tax exemption that exists. Qsbs, also known as qualified small business stock, allows startup founders and investors to sell up to $10m in stock and pay zero taxes. Since the exemption is limited to $10m per taxpayer, founders often “gift” some of their stock to trusts that they setup for family members. Why do they use trusts rather than just gift shares directly to family members? Because the trust structure allows the grantor to control the trust. So rather than giving your brother a bunch of money (and letting him blow it all), you would give it to a trust that you setup for your brother. And you would control what the trust can and cannot do. For example if you want the trust to invest in your next startup, you can set it up to do that. This is what the richest people do. They “own nothing, but control everything.” So getting back to the Roblox ceo…. That’s exactly what he did. He created 12 trusts for family members and friends, and each trust got a $10m qsbs exemption. But here’s the catch. You can only gift up to $14m in your lifetime without paying transfer taxes. So he had to set these trusts up early when the shares were worth much less than $120m. The absolute best time to use this strategy is day one when you start your company. That’s when you can gift as much as you want out of your name. The value of your shares is zero and you can preserve your entire $14m lifetime gift allowance. But here’s the problem with doing that - setting up trusts like that with a lawyer and traditional trust company will cost you $100k+. Early stage founders can’t afford that. So we started @getdynasty_com to fix this problem. We spent 3 years and millions of dollars automating the process and getting licensed as a Nevada trust company. Now we can create these trusts and manage them for you, for $250/yr per trust. This is how we keep more money in the ecosystem, fuel innovation, and create more owners.

@AlexCasWealth @ankurnagpal We have a package for this. For $1k per year, founders can get 4 qsbs trusts. Includes annual trust administration and tax returns. Check us out!

@ankurnagpal Hey Ankur, do you ever get into how to use a QSBS with a trust entity or having family members own shares so they can stack the QSBS exclusion? I had a client who wanted to use a ING trust to stack his QSBS exclusion. Wondering if you have looked into that and have some thoughts.

The most generous tax break in America just got more even more generous QSBS allows startup founders, employees and investors to pay literally zero taxes when a company sells Here's what changes with this legislation as of TODAY:

If you want to protect your life’s work create a trust and put everything you own in it That way if you: 1. get sued 2. go bankrupt 3. get divorced your property is protected because you don’t own it, your trust does

@Wadsack4Arizona @beltongirl Everyone should have a living trust

@beltongirl I’d address you by your first name too, but you’re hiding under a Twitter handle. I’ve spoken with people who have lost their generational wealth due to the rules of ALTCS. Protect yourself. Establish a “living trust”. … because even THAT isn’t an ironclad protection anymore.

UNIVERSAL SCHOOL CHOICE/ESA is gaining momentum despite what you hear from the Teachers Unions. I ask the Left to stop fighting it & lying about it. Instead get educated about it & tell the truth so teachers/parents can benefit from it! Here’s a book from my office. It’s a start.

@BetaRayBenny @jpalmiotti Or set one up with GetDynasty.com for free

QUESTION OF THE DAY: Do you have a will?

@jpalmiotti Living Trust is better than a will because it avoids probate You can use GetDynasty.com to create a free living trust today