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Question DetailsAsked on 9/8/2012

Can a non U.S. Citizen that owns property in the States of Nevada and Arizona execute a Revocable Living Trust in the State of Nevada?

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Confirm this with your attorney:


Here in Nevada a person can establish such a trust. In fact, the better form ('rrevocable') can be advisable since the revocable trust is too fragile.


I have had both types. I prefer the protection of the irrevocable.


Where you own property is where you should protect it. Consider a trust in each state. If you wish, get one trust and include both properties in it.


However, know that an adversary can attack all that you own. Two trusts provide two levels of protection. An irrevocable trust need be in existance for two years, then your jproperty may be protected forever.





Answered 3 years ago by ProfessorWonderful




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