Your assets are more than your home and your bank accounts. The unique and valuable assets you have collected over your lifetime are an essential part of your estate plan. Deciding how to distribute your collectibles can be a challenging part of creating your estate...
Asset Protection
What people should pursue an asset protection trust?
Nevada is among the more than a dozen states that allow for the creation of asset protection trusts. The state understands that high-asset individuals and certain businesses are at risk of losing a portion of their wealth through adverse judgments and from creditors....
The parallel lines of asset planning and estate planning
A crucial and, sometimes, overlooked aspect of estate planning includes asset protection. With an estate plan, you know that you have long wanted to protect your assets after your death. You must understand that you can do the same while you are alive, too. An...
How can business owners benefit from a Nevada Asset Protection Trust?
Debts, claims for damages from your employees and consumer protection issues can reduce your small-business assets significantly. You never know when your assets could be in danger, which is why you should take measures to protect them from creditors. One way to do...
The types of assets to hold in a Nevada Asset Protection Trust
Nevada is one of the best states in the country where people can protect their assets. And they have one of the best tools at their disposal: the Nevada Asset Protection Trust (NAPT). Solid candidates for such a trust are people who often face lawsuits, and this group...
6 crucial facts about Nevada Asset Protection Trusts
With one of the country’s strongest asset protection laws, Nevada understands that many businesses and individuals want to ensure that those very assets last a long time and are untouchable from outside forces such as creditors or lawsuits. By creating a Nevada Asset...
What should I know about a Nevada asset protection trust?
If you are successful in your career, maybe even starting your own business, you eventually start building more assets. At some point, you may want to protect those assets, especially if you face a potential lawsuit or creditors seizing those assets. If you are in a...