In additional to your NV revocable living trust based estate plan, the attorneys at Phillips Ballenger may advise you to consider more “advanced” estate planning, various trust options, and asset protection opportunities. Advanced Estate Planning techniques usually serve to accomplish the goals of minimizing taxes, protecting beneficiaries via asset protection, leaving a charitable legacy, or providing for business succession planning. Some common types of trusts that are used for advanced estate planning include:- Asset Protection Trusts (also known as: Nevada Asset Protection Trusts, Nevada Spendthrift Trusts, Nevada Self-Settled Spendthrift Trusts, Nevada Domestic Asset Protection Trusts)
- Premarital Agreements (AKA “Nevada Prenup), as well as Post-Marital Agreements
- Estate Tax Planning
- Nevada LLC planning
- Business Formation & Planning, including Business Succession Planning
- Irrevocable Trusts
- Life Insurance Trusts (also known as Irrevocable Life Insurance Trusts, or ILITs)
- Special Needs Trusts (also known as Supplemental Needs Trusts, or SNTs)
- Educational Trusts
- Dynasty Trusts
- Charitable trusts
- Gifting trusts
- (and many more!)
Phillips Ballenger’s experienced Las Vegas NV estate planning attorneys can help you assess your goals to determine the best estate planning options to maximize your family’s protection. For a detailed, comprehensive consultation, contact us online, or call us at 702-997-5701. We look forward to speaking with you soon! Planning for Your Family | Your FutureWe help protect your estate, your family, your legacy- one step at a time. |