Estate planning law, like all aspects of law, evolves. Options and strategies that may not have existed years ago can exist today, and give you much more flexibility in how you plan for your future. Protecting your family more effectively, and for longer periods of time is now an option in certain states, including Nevada. Consider the four biggest trends in estate planning today: 1) self-settled trusts; 2) use of limited liability companies (LLCs) inside of trusts; 3) discretionary trust protection; [and] 4) spendthrift protections. While these are somewhat technical terms, combined legal strategies can better protect your family and charitable interests, while also minimizing taxation and discouraging litigation. Nevada trust law offers these legal strategies, and you do not have to live in Nevada to have a Nevada trust. Please contact Alliance at 775-297-4000 for more information.
