1st Annual Dynasty Trust State Rankings Chart Released

Nationally known estate planning and asset protection attorney Steve Oshins recently published a Dynasty Trust State Rankings Chart at http://www.oshins.com/images/Dynasty_Trust_Rankings.pdf.  Like his annual Domestic Asset Protection Trust State Rankings Chart at http://www.oshins.com/images/DAPT_Rankings.pdf, the Dynasty Trust Chart breaks down the material differences among the leading trust jurisdictions so the end-user can make an informed decision when […]

A Timeline of Nevada’s Significant Asset Protection and Trust Laws

In 1999, Nevada became one of the first states to enact legislation allowing self-settled spendthrift trusts that provide asset protection for settlors.  Since then, the Nevada legislature has consistently passed favorable, progressive asset protection and trust laws (including during the most recent legislative session) as evidenced by the timeline below. October 1999 Effective October 1, […]

Nevada Dynasty Trusts

What is a Dynasty Trust? A dynasty trust, also often referred to as a perpetual or generation-skipping transfer (“GST”) trust, is a unique type of irrevocable trust that has become a very powerful estate planning tool in preserving family wealth.  Dynasty trusts can prevent your assets from being included in your or your descendants’ estates, […]

The Trust Advisor Blog Once Again Names Nevada as a Best State for Trusts

The Trust Advisor Blog released its 2011 rankings of the most trust-friendly states.  For the second year in a row, Nevada was included in Tier 1 and named as a top trust state.  Indeed, Nevada was one of only four states to receive this recognition.  The blog post distinguishes these four states as “the Big […]

The Trust Advisor Blog Includes Nevada as a Best State for Trusts

The Trust Advisor Blog published its 2010 rankings of the best states for trusts.  The states are separated into three tiers with Tier 1 being the best, Tier 2 being good and Tier 3 being marginal.  Nevada is one of only four states included in Tier 1 as a best state to set up a […]