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The Benefits of a Nevada Trust Company

Dunham Trust Company was established in the State of Nevada by design. Current advantages to using a Nevada Trust Company include:

  • Preferred state for Asset Protection Trusts, which typically are set up to avoid creditor claims against the grantor. Another Nevada advantage is the shorter period required by Nevada state law between the date an asset is transferred to a trust and the date an asset is protected from creditors.
  • No state income tax on accumulated income that is not distributed, depending on trust type.
  • No corporate income tax and no franchise tax.
  • No state estate tax for Nevada residents.
  • Ability for trusts to be effective for 365 years.
  • Excellent privacy laws.

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