--- title: "Dynasty Trusts — HNW Family Guide | NY · NJ · OH" description: "A complete guide to dynasty trusts for HNW families: GST exemption mechanics, situs comparison (DE · NV · SD · AK · WY), directed trust structure, funding strategies, and tax planning. Fixed-fee. Licensed in NY, NJ, OH." lang: en json-ld: | [ { "@context": "https://schema.org", "@graph": [ { "@type": "LegalService", "@id": "https://jacobslegacycounsel.com/#legalservice", "name": "Jacobs Legacy Counsel", "alternateName": [ "Legacy Counsel by Jacobs Counsel", "Jacobs Legacy" ], "url": "https://jacobslegacycounsel.com", "description": "Fixed-fee estate planning for high-net-worth families, founders, executives, and professional athletes. Licensed in New York, New Jersey, and Ohio.", "logo": "https://jacobslegacycounsel.com/logo-dark.jpg", "image": "https://jacobslegacycounsel.com/og-image.jpg", "telephone": "+1-646-343-7227", "email": "intake@jacobscounsellaw.com", "priceRange": "Fixed-fee engagements", "address": { "@type": "PostalAddress", "streetAddress": "221 River Street, Floor 9", "addressLocality": "Hoboken", "addressRegion": "NJ", "postalCode": "07030", "addressCountry": "US" }, "areaServed": [ { "@type": "State", "name": "New York" }, { "@type": "State", "name": "New Jersey" }, { "@type": "State", "name": "Ohio" } ], "knowsAbout": [ "Estate planning", "Revocable living trusts", "Irrevocable trusts", "Dynasty trusts", "Asset protection planning", "Generation-skipping transfer tax planning", "Estate planning for professional athletes", "Estate planning for founders and executives", "QSBS planning", "Pre-liquidity estate planning", "Probate and trust administration" ], "contactPoint": { "@type": "ContactPoint", "telephone": "+1-646-343-7227", "email": "intake@jacobscounsellaw.com", "contactType": "client intake", "areaServed": [ "US-NY", "US-NJ", "US-OH" ], "availableLanguage": [ "en" ] }, "founder": { "@id": "https://jacobscounsellaw.com/about/drew-jacobs#person" }, "employee": { "@id": "https://jacobscounsellaw.com/about/drew-jacobs#person" }, "parentOrganization": { "@type": "LegalService", "@id": "https://jacobscounsellaw.com/#legalservice", "name": "Jacobs Counsel LLC", "url": "https://jacobscounsellaw.com" }, "sameAs": [ "https://jacobscounsellaw.com", "https://www.linkedin.com/company/jacobs-counsel", "https://www.instagram.com/jacobscounsel" ] }, { "@type": "WebSite", "@id": "https://jacobslegacycounsel.com/#website", "url": "https://jacobslegacycounsel.com", "name": "Jacobs Legacy Counsel", "publisher": { "@id": "https://jacobslegacycounsel.com/#legalservice" }, "inLanguage": "en-US" }, { "@type": "Person", "@id": "https://jacobscounsellaw.com/about/drew-jacobs#person", "name": "Andrew R. Jacobs, Esq.", "alternateName": "Drew Jacobs", "url": "https://jacobscounsellaw.com/about/drew-jacobs", "jobTitle": "Founder & Managing Attorney", "worksFor": { "@id": "https://jacobscounsellaw.com/#legalservice" }, "sameAs": [ "https://jacobslegacycounsel.com", "https://www.linkedin.com/in/drew-jacobs-dj32/", "https://www.instagram.com/jacobscounsel", "https://profiles.superlawyers.com/new-york-metro/hoboken/lawyer/andrew-jacobs/5765bbd8-0554-4eb5-be6d-0431db28f834.html", "https://www.avvo.com/attorneys/07030-nj-andrew-jacobs-5765bbd8.html", "https://iapps.courts.state.ny.us/attorneyservices/search?lastName=jacobs&firstName=andrew" ] } ] }, [ { "@context": "https://schema.org", "@type": "LegalService", "@id": "https://jacobslegacycounsel.com/dynasty-trusts#legalservice", "name": "Dynasty Trusts for High-Net-Worth Families", "description": "Fixed-fee dynasty trust planning for high-net-worth families — situs selection, GST exemption allocation, directed trust structure, trust protector design, and funding strategies. Licensed in NY, NJ, OH.", "url": "https://jacobslegacycounsel.com/dynasty-trusts", "areaServed": [ "New York", "New Jersey", "Ohio", "United States" ], "serviceType": "Dynasty Trust Planning", "provider": { "@type": "Organization", "name": "Jacobs Legacy Counsel", "url": "https://jacobslegacycounsel.com" } }, { "@context": "https://schema.org", "@type": "FAQPage", "mainEntity": [ { "@type": "Question", "name": "What is a dynasty trust?", "acceptedAnswer": { "@type": "Answer", "text": "A dynasty trust is a long-duration irrevocable trust designed to hold and grow family wealth across multiple generations without triggering federal estate or generation-skipping transfer (GST) tax at each generational transfer. The trust is funded once using the grantor's lifetime gift and GST exemptions, and the assets — and all subsequent appreciation — pass to children, grandchildren, and further descendants outside the federal transfer tax system for as long as the trust lasts." } }, { "@type": "Question", "name": "How long can a dynasty trust last?", "acceptedAnswer": { "@type": "Answer", "text": "Duration depends on the state of situs. Delaware permits perpetual duration for personal property (110 years for real property)." } }, { "@type": "Question", "name": "What is the difference between a dynasty trust and a regular irrevocable trust?", "acceptedAnswer": { "@type": "Answer", "text": "Most irrevocable trusts terminate at or shortly after the grantor's children's lifetimes. A dynasty trust is specifically designed for multi-generational duration — typically grandchildren, great-grandchildren, and beyond — and is funded with GST exemption so transfers to remote descendants are not taxed as generation-skipping transfers." } }, { "@type": "Question", "name": "How much GST exemption do I have in 2026?", "acceptedAnswer": { "@type": "Answer", "text": "Under current federal law (the 2025 legislation commonly called OBBBA), the federal lifetime gift and GST exemption is approximately $15M per individual ($30M per married couple) beginning in 2026, indexed for inflation. That level is permanent under current law but remains subject to change by future legislation. Allocation of GST exemption to the dynasty trust must be made on a timely-filed gift tax return (Form 709) and is reported separately from the gift tax allocation. This is general information, not tax advice — coordinate with your CPA." } }, { "@type": "Question", "name": "Which state should I site my dynasty trust in?", "acceptedAnswer": { "@type": "Answer", "text": "The top five jurisdictions are Delaware, Nevada, South Dakota, Alaska, and Wyoming. All five permit very long or perpetual trust durations, have modern directed-trust statutes that separate investment and distribution decisions, recognize trust protectors, impose no state income tax on accumulated income of non-resident beneficiaries, and have asset-protection statutes for self-settled trusts." } }, { "@type": "Question", "name": "Can a dynasty trust be modified after it is created?", "acceptedAnswer": { "@type": "Answer", "text": "Yes — through three primary mechanisms. (1) Decanting: in most modern trust jurisdictions, a trustee can 'pour' the trust into a new trust with updated terms, subject to statutory limits." } }, { "@type": "Question", "name": "What is a trust protector and do I need one?", "acceptedAnswer": { "@type": "Answer", "text": "A trust protector is an independent person or committee granted specific enumerated powers in the trust document — typically including the power to remove and replace trustees, change situs, modify administrative provisions, and (in some structures) modify distribution standards. For any dynasty trust intended to last more than 50 years, a trust protector is essentially mandatory." } }, { "@type": "Question", "name": "How is income inside a dynasty trust taxed?", "acceptedAnswer": { "@type": "Answer", "text": "If the trust is structured as a grantor trust during the grantor's lifetime, the grantor pays the income tax on trust income at individual rates — and that tax payment is itself a tax-free transfer to the trust (the IRS confirmed this in Revenue Ruling 2004-64). After the grantor's death, the trust becomes a non-grantor trust and is taxed as a separate entity, hitting the top federal bracket at roughly $15,000 of undistributed income." } }, { "@type": "Question", "name": "Can a dynasty trust own a closely held business?", "acceptedAnswer": { "@type": "Answer", "text": "Yes — and this is one of the most common reasons HNW families establish them. A directed-trust structure separates investment and distribution decisions, so the family (through an investment direction adviser) retains control over operating-business decisions while the trustee handles administrative functions." } }, { "@type": "Question", "name": "Can New York residents use a dynasty trust?", "acceptedAnswer": { "@type": "Answer", "text": "Yes, but the trust must be sited outside New York. NY applies a form of the rule against perpetuities (lives in being plus 21 years) that prevents a true perpetual trust under NY law." } } ] }, { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://jacobslegacycounsel.com/" }, { "@type": "ListItem", "position": 2, "name": "Estate Planning", "item": "https://jacobslegacycounsel.com/estate-planning" }, { "@type": "ListItem", "position": 3, "name": "Dynasty Trusts", "item": "https://jacobslegacycounsel.com/dynasty-trusts" } ] }, { "@context": "https://schema.org", "@type": "Article", "headline": "Dynasty Trusts — A Complete Guide for High-Net-Worth Families", "datePublished": "2026-06-24", "dateModified": "2026-06-24", "author": { "@type": "Person", "name": "Andrew R. Jacobs, Esq.", "url": "https://jacobscounsellaw.com/about/drew-jacobs" }, "publisher": { "@type": "Organization", "name": "Jacobs Legacy Counsel", "url": "https://jacobslegacycounsel.com" }, "mainEntityOfPage": "https://jacobslegacycounsel.com/dynasty-trusts" } ], { "@context": "https://schema.org", "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://jacobslegacycounsel.com/" }, { "@type": "ListItem", "position": 2, "name": "Dynasty Trusts", "item": "https://jacobslegacycounsel.com/dynasty-trusts" } ] } ] --- A Practice of [Jacobs Counsel LLC](https://jacobscounsellaw.com) Serving NY · NJ · OH — Vol. 2026 [Legacy Counsel ](/) Firm Resources Estate Planning Trusts [Probate & Admin](/probate-trust-administration)[Pricing](/pricing)[Book Call](https://cal.com/drewjacobs/estate-planning)[Start Intake](/get-started) Menu 1. [Home](/) 2. Dynasty Trusts Cornerstone Guide · Updated June 2026 # Dynasty Trusts for High-Net-Worth Families Multi-generational wealth structures that hold and grow family assets outside the federal transfer tax system for as long as the law allows. Situs selection, GST exemption mechanics, directed-trust design, and the funding strategies that move the most value with the least exemption use. [Book a Strategy Call →](https://cal.com/drewjacobs/estate-planning)[Start Intake](/get-started) ## What is a dynasty trust? A dynasty trust is a long-duration irrevocable trust funded with lifetime gift and GST exemption that holds family wealth across multiple generations without federal estate or GST tax at each transfer, sited in a perpetual-duration jurisdiction such as Delaware, Nevada, South Dakota, Alaska, or Wyoming. ## On this page 1. [Definition](#definition) 2. [Why HNW families use dynasty trusts](#why) 3. [GST exemption mechanics](#gst) 4. [Situs comparison: DE · NV · SD · AK · WY](#situs) 5. [Structure: trustee, protector, beneficiaries](#structure) 6. [Funding strategies](#funding) 7. [Decanting and modification](#decanting) 8. [Income tax planning inside the trust](#tax) 9. [State income tax on trust income](#state-tax) 10. [NY · NJ · OH residents](#ny-nj-oh) 11. [Common mistakes](#mistakes) 12. [FAQ](#faq) ## Why HNW families use dynasty trusts ### Eliminate transfer tax at each generation A traditional plan exposes the family to 40% federal estate tax at every generational transfer. A GST-exempt dynasty trust eliminates that drag for as long as the trust lasts. ### Asset protection across generations Properly drafted spendthrift provisions shield trust assets from beneficiaries' creditors, divorces, and bankruptcies — protection that compounds over multiple generations. ### Centralized stewardship of family wealth Operating businesses, real estate, and concentrated positions stay inside a single structure with professional investment direction, instead of fragmenting at each death. ## GST exemption mechanics The federal generation-skipping transfer tax is a flat 40% tax imposed on transfers that "skip" a generation — most commonly transfers to grandchildren or to a trust that benefits grandchildren and further descendants. Under current federal law, the lifetime GST exemption is approximately $15M per individual in 2026 (indexed for inflation, subject to change by future legislation), allocable to gifts during life or to bequests at death. The key concept is the **inclusion ratio**. A trust funded with $10M and allocated $10M of GST exemption has an inclusion ratio of zero — no GST tax will ever apply to distributions or terminations from the trust, regardless of how large the trust grows. A trust funded with $20M and allocated $10M of GST exemption has an inclusion ratio of 0.5 — half of every distribution to a skip person triggers GST tax. Achieving an inclusion ratio of zero on the funding gift is the single most important technical step. GST exemption is allocated on a timely-filed Form 709 gift tax return. Late allocation is possible but limited. Automatic allocation rules apply to certain "GST trusts" by default — but relying on automatic allocation without affirmative election on the return is a frequent and costly mistake. ## Situs comparison: DE · NV · SD · AK · WY State Max duration State income tax on trust DAPT statute Trust protector Privacy Delaware Perpetual (personal property) / 110 yrs (real property) No state income tax on accumulated income of non-resident beneficiaries Yes (Qualified Disposition Trust) Statutory framework Strong — sealed dockets available Nevada 365 years No state income tax (no individual income tax) Yes — 2-year statute of limitations on transfers Statutory framework Very strong — no income tax filings South Dakota Perpetual No state income tax Yes — 2-year statute of limitations Statutory framework, robust Very strong — total seal available Alaska 1,000 years No state income tax Yes — original DAPT jurisdiction (1997) Statutory framework Strong Wyoming 1,000 years No state income tax Yes — 4-year statute of limitations Statutory framework Strong — known for LLC/trust privacy ## Structure: trustee, protector, beneficiaries A modern dynasty trust separates four functions: **investment direction** (often the family or a family investment committee), **distribution decisions** (an independent trustee or distribution committee), **administration** (a corporate trustee in the situs state), and **oversight**(a trust protector with enumerated powers to remove trustees, change situs, and amend administrative provisions). Splitting these functions through a **directed-trust statute** (available in all five top jurisdictions) allows the family to retain investment control over closely held businesses, concentrated stock positions, and real estate while still using an institutional trustee for administration. Without a directed-trust statute, most corporate trustees will refuse to hold concentrated or operating-business assets. Beneficiary classes typically include the grantor's descendants per stirpes, with discretionary HEMS-plus standards (health, education, maintenance, support, plus broader discretion in the independent trustee). Spouses of beneficiaries are usually excluded from the beneficiary class to keep trust assets out of divorce proceedings. ## Funding strategies ### Outright gift of cash or marketable securities Simplest funding mechanism. Uses lifetime gift and GST exemption dollar-for-dollar. ### Gift of LLC / FLP interests with valuation discounts Non-voting or non-managing interests in a family LLC or limited partnership typically qualify for lack-of-control and lack-of-marketability discounts (commonly 25%–40% combined). Allows more economic value to be moved with the same exemption use. ### Sale to intentionally defective grantor trust (IDGT) Grantor sells appreciating assets to the dynasty trust in exchange for a promissory note. The trust is a grantor trust for income tax purposes (grantor pays the tax, which is itself a tax-free gift), but irrevocable for estate tax purposes. ### GRAT-then-rollover Short-term grantor retained annuity trusts return the original asset value to the grantor as annuity payments, and any excess appreciation passes to remainder beneficiaries — typically the dynasty trust. Powerful for volatile assets and pre-IPO equity. ### Life insurance via ILIT feeding the dynasty trust ILIT pays premiums on a permanent policy, and the death benefit is distributed (or held) for the dynasty trust beneficiaries. Death benefit is income- and estate-tax-free if structured correctly. ## Decanting and modification Decanting is the process by which a trustee distributes trust assets from an existing irrevocable trust to a new irrevocable trust with updated terms — analogous to pouring wine from one bottle to another. All five top situs jurisdictions have detailed decanting statutes. Decanting can update administrative provisions, change situs, add or modify trustee succession rules, modernize investment provisions, and (within limits) adjust distribution standards. Decanting cannot generally eliminate a vested beneficial interest or add a new beneficiary outside the existing class — but within those limits, it is the single most flexible mechanism for adapting a long-duration trust to changing law and family circumstance. The trust protector's power to direct decanting is one of the most valuable provisions in a modern dynasty trust. ## Income tax planning inside the trust During the grantor's lifetime, most dynasty trusts are structured as **grantor trusts** for federal income tax purposes — the grantor pays the income tax on trust income at individual rates. Revenue Ruling 2004-64 confirmed that the grantor's payment of trust income tax is not itself a gift to the trust, which makes grantor-trust status one of the most powerful (and underused) tools in HNW planning: it allows the trust to compound on a pre-tax basis while the grantor depletes the taxable estate by paying the tax. After the grantor's death — or upon affirmative "turning off" of grantor-trust powers — the trust becomes a non-grantor trust taxed as a separate entity, with the top federal bracket reached at roughly $15,000 of undistributed income in 2026. At that point, distribution planning (carrying out distributable net income to beneficiaries in lower brackets) and state income tax planning (siting in a no-income-tax jurisdiction) become the primary income tax levers. ## State income tax on trust income The five top dynasty-trust jurisdictions (DE, NV, SD, AK, WY) impose no state income tax on accumulated income of a properly structured non-resident non-grantor trust. That can mean a permanent state-level tax savings of 5–13% per year of undistributed income, compounded over decades. But state income taxation of trusts is not uniform — some states (notably California, New York, and Illinois) attempt to tax trust income based on the residence of the grantor, the trustee, or the beneficiaries. The analysis is fact-specific and the planning often requires an independent corporate trustee in the situs jurisdiction, no in-state trustee, and careful documentation of trust administration outside the high-tax state. The Supreme Court's 2019 decision in _Kaestner_ narrowed the ability of states to tax trust income based on beneficiary residence alone, which expanded the planning opportunity meaningfully. ## NY · NJ · OH residents ### New York NY caps trust duration at lives in being plus 21 years — true perpetual dynasty trusts must be sited elsewhere. NY taxes resident trusts (those with a NY-resident grantor) but exempts them if there is no NY trustee, no NY-source income, and no NY-situs property. Most NY HNW families site dynasty trusts in Delaware or South Dakota with an out-of-state institutional trustee. ### New Jersey NJ permits long-duration trusts under its modernized statute and repealed the state estate tax in 2018 (inheritance tax remains for transfers to non-lineal heirs). NJ taxes trust income only if the trust has NJ-source income or NJ trustees, making out-of-state situs viable. ### Ohio Ohio permits long-duration trusts (1,000 years under the Ohio Legacy Trust Act), recognizes DAPTs, and imposes no state estate or inheritance tax. In-state dynasty trusts are viable for OH residents who prefer to keep trustee relationships local — though many still site in DE or SD for tax and statutory reasons. ## Common mistakes - 1. Failing to allocate GST exemption on the gift tax return — the trust then carries an inclusion ratio above zero and partial GST tax at each generational transfer - 2. Naming the grantor or grantor's spouse as a trustee with discretionary distribution power — pulls the trust into the grantor's estate - 3. Funding a New York-sited dynasty trust and assuming perpetual duration — NY caps at lives in being plus 21 years - 4. Using only a corporate trustee with no trust protector — no mechanism to remove the trustee, change situs, or adapt the trust to future law changes - 5. Reciprocal SLATs between spouses with mirror-image terms — IRS collapses both into each estate under the reciprocal trust doctrine - 6. No 'directed trust' structure when the trust holds concentrated single-stock positions or closely held business interests — institutional trustees often refuse to hold them, and the family wants investment direction anyway - 7. Treating the situs as set-it-and-forget-it — situs should be revisited when state tax law changes or when family circumstances shift ## FAQ ### What is a dynasty trust? A dynasty trust is a long-duration irrevocable trust designed to hold and grow family wealth across multiple generations without triggering federal estate or generation-skipping transfer (GST) tax at each generational transfer. The trust is funded once using the grantor's lifetime gift and GST exemptions, and the assets — and all subsequent appreciation — pass to children, grandchildren, and further descendants outside the federal transfer tax system for as long as the trust lasts. ### How long can a dynasty trust last? Duration depends on the state of situs. Delaware permits perpetual duration for personal property (110 years for real property). ### What is the difference between a dynasty trust and a regular irrevocable trust? Most irrevocable trusts terminate at or shortly after the grantor's children's lifetimes. A dynasty trust is specifically designed for multi-generational duration — typically grandchildren, great-grandchildren, and beyond — and is funded with GST exemption so transfers to remote descendants are not taxed as generation-skipping transfers. ### How much GST exemption do I have in 2026? Under current federal law (the 2025 legislation commonly called OBBBA), the federal lifetime gift and GST exemption is approximately $15M per individual ($30M per married couple) beginning in 2026, indexed for inflation. That level is permanent under current law but remains subject to change by future legislation. Allocation of GST exemption to the dynasty trust must be made on a timely-filed gift tax return (Form 709) and is reported separately from the gift tax allocation. This is general information, not tax advice — coordinate with your CPA. ### Which state should I site my dynasty trust in? The top five jurisdictions are Delaware, Nevada, South Dakota, Alaska, and Wyoming. All five permit very long or perpetual trust durations, have modern directed-trust statutes that separate investment and distribution decisions, recognize trust protectors, impose no state income tax on accumulated income of non-resident beneficiaries, and have asset-protection statutes for self-settled trusts. ### Can a dynasty trust be modified after it is created? Yes — through three primary mechanisms. (1) Decanting: in most modern trust jurisdictions, a trustee can 'pour' the trust into a new trust with updated terms, subject to statutory limits. ### What is a trust protector and do I need one? A trust protector is an independent person or committee granted specific enumerated powers in the trust document — typically including the power to remove and replace trustees, change situs, modify administrative provisions, and (in some structures) modify distribution standards. For any dynasty trust intended to last more than 50 years, a trust protector is essentially mandatory. ### How is income inside a dynasty trust taxed? If the trust is structured as a grantor trust during the grantor's lifetime, the grantor pays the income tax on trust income at individual rates — and that tax payment is itself a tax-free transfer to the trust (the IRS confirmed this in Revenue Ruling 2004-64). After the grantor's death, the trust becomes a non-grantor trust and is taxed as a separate entity, hitting the top federal bracket at roughly $15,000 of undistributed income. ### Can a dynasty trust own a closely held business? Yes — and this is one of the most common reasons HNW families establish them. A directed-trust structure separates investment and distribution decisions, so the family (through an investment direction adviser) retains control over operating-business decisions while the trustee handles administrative functions. ### Can New York residents use a dynasty trust? Yes, but the trust must be sited outside New York. NY applies a form of the rule against perpetuities (lives in being plus 21 years) that prevents a true perpetual trust under NY law. ## Ready to build a multi-generational structure? Fixed-fee dynasty trust design, situs selection, and funding strategy. Licensed in New York, New Jersey, and Ohio. [Book a Strategy Call →](https://cal.com/drewjacobs/estate-planning)[Start Intake](/get-started) Prospective Client Disclaimer: No attorney-client relationship is formed by visiting this page or submitting an intake. An engagement letter is required. Estate Planning & Legacy Counsel Legacy Counsel by Jacobs Counsel. Fixed-fee estate planning, trusts, wills, and generational wealth strategy for high-net-worth families. [← Visit jacobscounsellaw.com](https://jacobscounsellaw.com) [(646) 343-7227](tel:+16463437227)[intake@jacobscounsellaw.com](mailto:intake@jacobscounsellaw.com) 221 River Street, Floor 9 Hoboken, NJ 07030 Practice - [Estate Planning](/estate-planning) - [Trusts](/trusts) - [Probate & Administration](/probate-trust-administration) - [Pricing](/pricing) - [For Advisors](/for-advisors) States - [New Jersey](/estate-planning/new-jersey) - [New York](/estate-planning/new-york) - [Ohio](/estate-planning/ohio) - [State Guides](/resources/state-guides) Resources - [Blog](/blog) - [FAQ](/faq) - [Estate Planning Quiz](/quiz/estate-planning) - [Checklist](/resources/checklist) Firm - [About Drew Jacobs](/about) - [Contact](/contact) - [Start Intake](/get-started) - [Book a Consultation](https://cal.com/drewjacobs/estate-planning) - [Client Questionnaire](/client-questionnaire) Notices - [Privacy Policy](/legal/privacy-policy) - [Legal Disclaimer](/legal/disclaimer) - [Attorney Advertising](/legal/attorney-advertising) © 2026 Legacy Counsel by Jacobs Counsel. All rights reserved. Attorney Advertising. Prior results do not guarantee a similar outcome. **Jurisdiction.** Drew Jacobs is licensed to practice law in New York, New Jersey, and Ohio . Estate planning is highly state-specific — laws governing wills, trusts, probate, estate and inheritance tax, and asset protection vary materially by jurisdiction. We represent clients whose residence, primary assets, or business interests are situated in NY, NJ, or OH. For matters involving other states, we coordinate with qualified local counsel. Nothing on this site constitutes legal advice or an offer to represent you in a jurisdiction in which we are not licensed.