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Asset Protection Planning

[accordion_content title=”TRUSTS:“]Nevada Asset Protection Trusts are effective and important tools in Asset Protection Planning. Nevada Asset Protection Trusts are known by several different names such as: Nevada Asset Protection Trust; Nevada Spendthrift Trust; Domestic Asset Protection Trust, Wealth Preservation Trust.
[/accordion_content][accordion_content title=”BUSINESS ENTITIES:“]Business entities can also play an important role in Asset Protection Planning. Entities such as: Nevada LLC, Nevada Corporation, Nevada Family Limited Partnerships, Nevada Close Corporations, etc. can be fundamental to the Asset Protection Plan.
The Nevada legislature has provided individuals with some very favorable laws which provide an excellent opportunity to achieve Maximum Asset Protection to Protect Personal Assets and to Protect Business Assets. R.D. Johnson Law Offices, LLC offers a free 1/2 hour consultation and personalized evaluation by a Las Vegas Asset Protection Attorney for Business Asset Protection and Personal Asset Protection planning. Consultations can be done in-person or via telephone conference (or even through email correspondence). Under the Nevada laws, Nevada’s Asset Protection strategies (including the Nevada Asset Protection Trust / Nevada Spendthrift Trust) are not limited to Nevada residents. Many of our clients are residents in states other than Nevada (note that you do not have to be a Nevada resident to set up a Nevada Asset Protection Trust, a Nevada LLC, a Nevada Corporation or a Nevada FLP – The Nevada Asset Protection Trust Law also now specifically enables individuals with a Trust formed in a State other than Nevada to change their Trust jurisdiction to Nevada [aka: Trust re-domestication – change of Trust situs]).

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(Wills, Living Trusts, Power of Attorney documents, Health Care Directives, Irrevocable Trusts, Nevada Asset Protection Trusts, etc.). Estate Planning is an important issue that should not be procrastinated until it is too late. Estate planning through properly established Trusts can avoid the probate process following your death and can serve to preserve more of your wealth for your family or other intended recipients. R.D. Johnson Law Offices, LLC offers a free 1/2 hour consultation with regard to Nevada Estate Planning (Wills, Trusts, etc.).