While Nevada has certainly had areas of economic difficulty as a state, with the housing crisis in Reno and Las Vegas and related economic fallout. However, one great bright spot has been the growing awareness and use of Nevada trust strategies by people around the country. Nevada trust laws are considered to be the best in the country, and Nevada is the only state ranked “A+” by Forbes Magazine for trust laws. By placing your trust in Nevada, you can better protect your legacy and potentially minimize current and future taxes. Recently, Bloomberg highlighted the fact that New Yorkers are using Nevada trusts. A well-regarded financial advisor in California, Ken Roberts, notes in another article that these Nevada strategies work just as well for Californians.
