Irrevocable trusts can be designed to be exempt from the claims of a beneficiary's creditors, but as Ms. Goldsmith and Mr. Nelson have indicated,...

Yes, it is normal. When the trustee makes a distribution from a trust to a beneficiary, the trustee is required to report that distribution to the...

Nevada trust law does not require a trustee of a Nevada trust to be located in Nevada except in the case of a trust that is intended to be a...

Short answer: it really does not matter. Although the laws of California and Nevada are different, both states recognize trusts created in the...

You really have two questions: (1) is a trust protector necessary? (2) if there is a trust protector, who is the best choice? Is it an...

Creating a Nevada irrevocable asset-protection trust (a "self-settled spendthrift trust") is one way to protect assets from the claims of...

Question #1: Under federal law, an EIN is required for irrevocable trusts unless the trust is a grantor trust for income tax purposes. You should...

Nevada law does not require that you give anything to your husband upon your death. He is entitled to his half of any community property, but you...

Yes, the Nevada DMV affidavit and death certificate can be used to transfer title, but if there is a pour-over Will that directs all probate assets...

A petition to close the trust is not necessary unless there is a court order stating otherwise or unless the beneciaries are likely to dispute the...