Most business owners are seeking ways to protect their assets, minimize estate tax, and avoid state income tax. For many, the answer may be a Nevada Trust of some flavor. Ann and Jeffrey will discuss the use of Nevada Domestic Asset Protection Trusts (also known as Nevada On Shore Trusts or “NOSTs”), Nevada Incomplete Gift Non-Grantor Trusts (“NINGS”), Intentionally Defective Grantor Irrevocable Trusts (“IDGTs” or “IGITs”), and Beneficiary Defective Irrevocable Trusts (“BDITs”). In addition, there will be a discussion regarding the California Uniform Voidable Transactions Act (“UVTA”) and its potential impact on Nevada Trusts for California residents.
September 26, 2019 – Using Nevada Trusts for California Business Owners – Considering Sale or Not; Presented by Ann Rosevear, JD and Jeffrey Dunham, CEO