Many people do not realize that trust laws vary dramatically based on where you establish your trust. Some states tax trust income, while others like Nevada, do not. Many people around the country establish their family trusts in Nevada for this, and other important benefits. Even if your trust was established in a less beneficial state, it can often be moved to a better jurisdiction. You do not have to live in Nevada to establish a Nevada trust. If you are interested in learning more about Nevada Trusts, and the benefits they can provide you and your family, call Alliance at 775-297-4000.
