Asset Protection Trusts

Contributed by Tracey Padilla, Pres.

I recently had the opportunity to attend some workshops on Estate Planning by Cassandra Jones, Esq., who is a Strategic Partner for the Business Achievement Center. One of the topics she spoke about was using a Nevada Asset Protection Trust.

According to Cassandra, Nevada is one of the best states when it comes to Trust Law, which is why so many attorneys who specialize in Asset Protection continue to form Corporations, LLCs and Trusts here. In order to establish an Asset Protection Trust in Nevada, you need to have an asset located in the state, which can be a bank account.

Another important thing that she mentioned is if you live in Nevada, have assets valued at $20,000, but do not have an Estate Plan, your estate can be subject to probate.

The law firm of Houghton Jones, A. P.C. offers Estate Planning as well as Business Law and Family Law. Furthermore, their firm is one of only a handful in this area that offers a particular level of Estate Planning components.

For assistance with Estate Planning in Nevada, or if you are interested in setting up an Asset Protection Trust in Nevada, contact Cassandra directly via http://hou2plan.com/.

For additional resources visit http://www.BusinessAchievementCenter.com

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