How can a family break a dynasty trust?

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A dynasty trust established in 1964 locks a California family out of inherited funds, with access restrictions extending decades beyond the current beneficiaries’ deaths.

Under the trust’s terms, grandchildren won’t be able to tap the funds until their late 70s — potentially missing opportunities for education and care.

Estate attorneys say options exist to modify the trust, including beneficiary agreements or court intervention if all parties can agree on changed circumstances.

Dear Liz: My mother recently died at the age of 93. My sisters and I are her beneficiaries, and all of us are in our 60s. Unbeknownst to us, one of her assets is a “dynasty trust,” established in 1964, th