Use Nevada laws to your advantage
What is Situs and why is it important?
A situs is a location, or a place where something exists in law, different locations or jurisdictions in the United States offer different considerations such as estate and fiduciary income taxes, creditor protection, privacy, and duration. Nevada is considered one of the most preferred jurisdictions in the United States.
You may wonder, “how can I use Nevada as a situs if I am not a resident of Nevada?” According to the Restatement (Second) of Conflicts of Laws § 268-270 (1971), state courts are to uphold a grantor’s selection of jurisdiction to govern a trust as long as the trust is valid under the law of the state selected. As long as the jurisdiction (Nevada) allows for it, your trust will be recognized as valid regardless of whether you live there.
We established ePIC Services Company in Nevada to elevate the client experience by providing the best trust experience possible. By using ePIC Services Company s your family planning succession solution, you will benefit from the advantages Nevada Law offers.
Enhanced Asset Protection Laws
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Choosing an estate planning company like ours means network of advisors, attorneys, tax planners and funding specialists will work with you to create a customized solution for your personal needs. Gain peace of mind that you have taken control of your legacy. We’ll help ensure that your assets have access to maximum judicial protections under a favorable jurisdiction, such as Nevada.