Peak Trust Company’s experience and knowledge, in combination with Nevada’s unique trust laws, allows us to develop the most effective and flexible strategies to meet your needs and objectives. Come find out today how Peak Trust Company can develop a successful strategy for you.
The Nevada Advantage
Nevada allows for self-settled trusts, commonly referred to as Domestic Asset Protection Trusts (DAPTs).
Nevada Permits Perpetual (Dynasty) Trusts
Nevada has no Rule Against Perpetuities, which provides the ability to minimize transfer taxes by creating a trust that can continue for up to 365 years. ***
Nevada has specific statutes that allow for directed trusts. This allows for clients to continue relationships with legacy advisors.
No State Income Tax
Nevada has NO state income tax on trust income or gains.
Superb Decanting Statute
Nevada has one of the best decanting statutes, which provides for an effective means to modify trust provisions to accommodate changing family needs, changing tax laws or outdated trust provisions.
Trust No-Contest Clause
Provides an effective method to eliminate challenges to trust provisions or beneficiaries.
Protective LLC and LP statutes
Nevada has some of the best and most flexible limited partnership and limited liability statutes.
Nevada provides the highest confidentially to grantors and trust beneficiaries.
Best Fraudulent Conveyance Statutes
Nevada has some of the most protective fraudulent conveyance statutes due to the time limit allowed for a creditor to bring action against the trust.