Why Nevada?

Premier Trust is based in Las Vegas, allowing our clients to formulate and execute their estate plans to take advantage of Nevada’s progressive trust, corporate and tax laws; we call this the “Nevada Advantage”. You can reside anywhere in the domestic United States and still benefit from a trustee relationship with Premier Trust.

Nevada Law provides for:
 

  • Trusts lasting up to 365 years - allows planning for Multi-Generational Wealth

  • Transfer - Dynasty Trusts

  • Directed Trusts – permits division of duties including, trust adviser, investment trust adviser and trust protector

  • Self-Settled Spendthrift Trusts (often referred to as a Nevada Asset Protection Trusts) - permits a person to protect assets from creditors. Important features of this trust when set up in Nevada are that the law:

• Provides for No Exception Creditors

• Protects assets from creditors including divorcing spouses

• Has a Two Year Statute of Limitations – the shortest in the nation

• Is Considered the #1 state law for asset protection by Forbes Magazine

  • LLCs and Partnerships with “Charging Order Protection” - offers a high level of entity Asset Protection

  • No State Fiduciary Income Tax if Trustee situs is Nevada – reduces erosion of trust assets

  • Exclusive Nevada Restricted LLC – permits a platform for advanced estate planning