The Nevada Advantage

Lake Tahoe, Near Whittier Trust’s Office in Reno, Nevada

Maximizing Wealth and Legacy with Whittier Trust

Nevada has earned its reputation as a premier jurisdiction for establishing trusts. Its laws offer meaningful advantages in areas such as tax savings, asset protection, and planning flexibility. At The Whittier Trust Company of Nevada, we work with affluent families and individuals to help them unlock these advantages to support long-term wealth and legacy goals.

VP and Client Advisor, Andy Volpp and his Family

Why Choose Nevada for Your Trust?

Nevada’s trust laws provide a host of benefits that set it apart from other states:

Income Tax Savings – Nevada imposes no state income taxes, significantly reducing the tax burden on trust assets.
Estate Tax Optimization – Strategic trust structures minimize estate taxes, preserving wealth across generations.
Generation-Skipping Transfer Tax Savings – Nevada’s favorable laws support multi-generational wealth planning.
Robust Asset Protection – Nevada offers some of the strongest asset protection laws in the U.S., safeguarding trust assets from creditors.
Administrative Flexibility – Tools like Nevada Flexible Decanting allow trusts to adapt to evolving family circumstances.
Extended Trust Lifespan – Trusts can last up to 365 years, maximizing their impact across generations.
Directed Trusts – Families can divide administrative and investment responsibilities for a tailored approach.

Customized Trust Services

Holistic Planning

Aligning each trust’s purpose with the needs of its beneficiaries and your broader estate and wealth plan.

Personalized Strategies

Building plans centered on what matters most—your family, wealth, and legacy.

Proactive Management

Ensuring trusts are continually optimized, whether in Nevada or any other state.

Establishing a Nevada Trust for Non-Residents

Relocating the Situs

For families who reside outside of Nevada, accessing these advantages does not require relocating personally. In many cases, it involves relocating the situs, or legal jurisdiction, of the trust to Nevada.

Relocating a situs can be achieved by:

Appointing a Nevada Trustee: Engaging a Nevada-based trustee, such as Whittier Trust Company of Nevada, can help ensure that the trust is administered in accordance with Nevada law.

Relocating a situs can also be achieved by:

Administering the Trust in Nevada: Legal and administrative oversight must occur within the state to take full advantage of Nevada’s trust laws.

Whittier Trust's Expertise

Whittier Trust specializes in managing these requirements, enabling clients nationwide to benefit from Nevada’s trust laws without the need to relocate personally.

Hear from Kristen Matteoni, VP & Associate Counsel

Find an advisor near you.

By transferring a trust’s situs to Nevada, families may be able to:

Reduce or eliminate state income tax on certain trust income, depending on the circumstances.
Grow the value of a trust without the drag of state income or inheritance taxes that may apply in other jurisdictions.
Enhance protections for trust assets against certain creditor claims, subject to applicable law.
Maintain flexibility for future generations through decanting and other tools provided under Nevada statutes.

Why Whittier?

As a Nevada chartered trust company, Whittier Trust Company of Nevada combines fiduciary experience, personalized service, and a clear focus on multigenerational planning. Our team works with you and your advisors to help preserve wealth, protect assets, and support your legacy objectives.

To learn more about Nevada irrevocable trusts, Nevada generation skipping trusts, or other tailored structures, you can connect with our Reno office or visit our contact page. Together, we can explore how the Nevada Advantage may fit into your family’s overall plan.

Dean Byrne, Executive VP and Nevada Regional Manager

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