GetDynasty – If You Are A Founder or Investor…Plan 'As If' You Are Going To Have A Tax Problem Later

Come join us Oct 5-7 in NYC at Stocktoberfest

At Social Leverage we have been making financial service and wealthtech seed investments now for 20 years. Occasionally we see an investment opportunity outside our seed scope and we will set up an SPV and share it with LP’s and friends.

I met the founder Alessandro of GetDynasty.com a few years back when he was starting the company during Covid. One of the funds in our Social Leverage emerging manager fund had invested. I was catching up with the fund manager about companies that he was excited about a few months back and he mentioned GetDynasty. The plan and product had evolved since and when I got the updated demo and pitch from Alessandro we loved what we saw and set up an SPV.

GetDynasty.com is simply a Trust Company for Startups.

Yesterday, GetDynasty announced a huge partnership with Carta.com 

How does it work?

With Dynasty, founders and investors can create trusts for family members in minutes, allowing you to multiply your QSBS exemption while gifting to the people you love.

Each trust gets its own QSBS exemption. Create 4 trusts and you can get up to $60M TAX-FREE when you exit.

This type of estate planning used to cost 6 figures to set up. Now it’s available to Carta customers for as little as $500 / year.

Founders can now create trusts in minutes, get a gift valuation, and get a QSBS attestation letter – all without leaving the Dynasty x Carta ecosystem.

Most importantly, founders can now afford to do it early.

Do it before you get your next term sheet. The earlier you set up your trusts, the less your shares are worth, the more taxes your family can save.

And if your shares are already worth $10m+, you should start thinking about trust planning immediately. Because if you wait too long, you might not be able to take advantage of it.

Here is Carta on why this partnership and product is important:

A huge mistake we see founders make is to push tax and wealth planning like this off. Now, it is easy an inexpensive.

Tell your founder and investor friends about this.