04Nevada Trust Law

The eStatePlan™ w/Nevada Trustee

Why Nevada trust law and corporate trustee structures continue to attract modern estate planning strategies.

10 Min ReadOctober 2024

§1Advantages of a Corporate Trustee

Significant opportunities are available for trustors who appoint a chartered corporate trustee as the successor trustee of their living trust. Continuity, institutional record-keeping, fiduciary expertise, and jurisdictional advantage all consolidate around a single, professionally-regulated entity.

§2The Nevada Advantage

Nevada offers some of the most modern and grantor-friendly trust statutes in the United States. Dynasty trust terms of up to 365 years, no state income tax on trust income, robust spendthrift and asset-protection provisions, and explicit recognition of directed and delegated trust structures combine to make it a preferred situs for sophisticated planning.

A Nevada-resident corporate trustee unlocks these statutes for families regardless of where they themselves reside, provided the trust is properly structured and administered.

The material above is provided for informational and educational purposes only and does not constitute legal, tax, or investment advice. Engagements with RM Legacy Group are conducted under confidential terms in coordination with the family's counsel and fiduciaries.