Who Should Utilize A Nevada Wealth Preservation Trust?
While anyone can utilize the benefits of this trust, persons who are exposed to risk and liability through their profession (i.e. contractors, real estate developers, real estate professionals, engineers, architects, lawyers, doctors, dentists, accountants, professional service providers, etc…) should seriously consider The Nevada Wealth Preservation Trust as a means for protecting their assets from potential claims. As well, anyone who is simply concerned about potential claims against their assets due to unexpected accidents, frivolous lawsuits or unknown conflicts, should consider utilizing The Nevada Wealth Preservation Trust. The Spendthrift Trust While most states recognize spendthrift trusts, their construction and enforcement from state to state differs. The spendthrift trust (which is essentially a trust with a spendthrift provision) has been an asset protection device in the United States for years. Generally speaking, a spendthrift trust is a way for persons to securely tr