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Senate Bill 350 Allows for the Creation of Nevada Restricted LLCs and LPs
On May 29, 2009, the Governor of Nevada signed into law Senate Bill 350, which allows for the creation of two new kinds of entities: Nevada Restricted LLCs and Nevada Restricted LPs. Effective...
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Nevada’s Self-Settled Spendthrift Trust Laws Further Strengthened with the...
Nevada State Senate, 1897 Nevada has consistently been recognized as a best state for asset protection trusts. This distinction is largely due to the advantages of Nevada’s self-settled spendthrift...
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Nevada Extends Charging Order Protection to Single Member LLCs: An Interview...
Nevada State Senate Steve Oshins is a nationally acclaimed estate planning and asset protection attorney at Oshins & Associates, LLC (www.oshins.com). He is renowned for his efforts at providing...
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Nevada Dynasty Trusts
Nevada State Capitol, 1875 What is a Dynasty Trust? A dynasty trust, also often referred to as a perpetual or generation-skipping transfer (“GST”) trust, is a unique type of irrevocable trust that has...
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A Timeline of Nevada’s Significant Asset Protection and Trust Laws
In 1999, Nevada became one of the first states to enact legislation allowing self-settled spendthrift trusts that provide asset protection for settlors. Since then, the Nevada legislature has...
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October 1: SB 405 and SB 221 Go Into Effect, Asset Protection Enhanced
In July of 2007, Nevada became the first jurisdiction to extend charging order protection to corporate stock. Now, nearly four-and-a-half years later, Nevada has once again expanded its charging order...
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Nevada Revises Its Charging Order Statutes for Corporations
As previously discussed, with the passage of Senate Bill 405, Nevada became just one of two states (the other being Wyoming) to extend charging order protection to single member limited liability...
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Virginia Enters the Asset Protection Arena
On April 4, 2012, Governor McDonnell signed into law Senate Bill 11, which added sections 55-545.03:2 and 55-545.03:3 to the Code of Virginia, thereby allowing self-settled spendthrift trusts to be...
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In Case You Missed It…The Trust Advisor Is Hosting a Second Webinar on Asset...
A little over a week ago, Provident Trust Group presented at a webinar hosted by The Trust Advisor, entitled “Strategies for Sheltering Wealth Using Asset Protection Trusts.” Due to popular demand,...
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New Article on Nevada Asset Protection
The article was recently published in CCH Estate Planning Review and is entitled “Asset Protection in the Desert: Nevada’s Rules, Recent Developments, and Advantages.”
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