Nevada asset protection law means the Passage Trust™ is seen as a separate entity under state law. This means that your creditors cannot take assets in your Passage Trust™ because they are not your assets.
Although it sounds too-good-to-be-true, it isn’t. It is Nevada statutory law and has been for nearly twenty years. It has been tested and proven. The Nevada Supreme Court recently decided in favor of the debtor, upholding the integrity of this type of trust.
The Passage Trust provides a superior level of asset protection over any other domestic or offshore trust. The Passage Trust employs the most comprehensive asset protection laws of any domestic domicile while avoiding the administrative costs, hassle and tax filings of an offshore trust.