Tag Archives: Jurisdiction

Nevada is Premier State for Domestic Asset Protection Trusts

Recently, a Probate and Property magazine article listed Nevada as the premier domestic jurisdiction for asset protection trusts.Locked Wallet  In the November/December 2012 issue, Barry Engel, founding principal of the Denver, Colorado firm of Engel & Raiman PC, was interviewed on “Asset Protection Developments.” Mr. Engel co-authored the 1989 amendment to the Cook Islands International Trust Act.  Mr. Engel complimented Nevada by stating:

In terms of domestic jurisdictions, we have used Nevada over the years more than any other state.  We like it for the protective legislation is has on the books, the quality of trustees available, its proactive attitude and approach toward domestic asset protection law, and how it seems to strive to make what it has even all the better.

Nevada continues to surpass other states in regard to its asset protection trusts and the protections available to debtors.  Our office can help you protect assets from creditors and assure your wealth preservation.