The Nevada Advantage

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.

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Advantage

Self-Settled Trusts

Nevada allows for self-settled trusts, commonly referred to as Domestic Asset Protection Trusts (DAPTs).

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Advantage

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. ***

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Advantage

Directed Trusts

Nevada has specific statutes that allow for directed trusts. This allows for clients to continue relationships with legacy advisors.

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Advantage

No State Income Tax

Nevada has NO state income tax on trust income or gains.

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Advantage

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provides for an effective means to modify trust provisions to accommodate changing family needs, changing tax laws or outdated trust provisions.

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Advantage

Trust No-Contest Clause

Provides an effective method to eliminate challenges to trust provisions or beneficiaries.

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Advantage

Protective LLC and LP statutes

Nevada has some of the best and most flexible limited partnership and limited liability statutes.

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Advantage

Confidentiality

Nevada provides the highest confidentially to grantors and trust beneficiaries.

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Advantage

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.