BEINVIS.COM

Two-year statutory seasoning period: Nevada has one of the shortest vesting periods of any DAPT jurisdiction (just two years). Once the two-year period has passed, the assets held in trust are protected from creditor reach. Creditors also have six months from the time of discovery or reasonable discovery to bring legal action against a transfer into trust; however, NRS 166 now provides that creditors shall be deemed to have discovered the transfer once the transferor publicly records the transfer with the county recorder or files a financing statement with the Secretary of State.14

Primary location: Las Vegas United States