How to set up a private perpetual trust?

Answer 1

You can go somewhere like LegalZoom (http://www.legalzoom.com/) if you don't like the costs the local attorneys charge to set up a trust--but good luck finding a "perpetual" trust. Several states have laws that specifically forbid such. Now, if you want to incorporate a business that survives you, like J. C. Penney and piles of others did (Edison had companies by the dozen survive him), that is different. Corporations are their own person. Corporations go on and on, until they run out of money.

Answer 2

You can't. Under US and British law, a private trust can run during the lifetime of any named person now alive, plus 99 years.