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8 Reasons Nevada Is A Leading Trust Situs

Law360, New York (April 18, 2016, 5:36 PM EDT) -- Nevada has been at the forefront in providing trust, tax and related fiduciary services nationally. To a large extent, this is on account of its favorable trust and asset protection laws, coupled with a legislature consistently committed to enacting cutting-edge provisions and updates. With growing taxes and heightened reporting requirements on both U.S. and non-U.S. trusts, Nevada increasingly has become a leading domestic — as well as global — trust situs. So what precisely are these advantages that Nevada law confers?

1. Dynasty Trusts

Many states, such...
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