You've worked hard to build your wealth. At Cooper | Coons, we help you protect it. Our asset protection strategies shield your assets from lawsuits, creditors, and unexpected financial risks—legally and effectively.
What is Asset Protection?
Asset protection is a set of legal strategies designed to safeguard your wealth from potential creditors, lawsuits, and other financial threats. Nevada offers some of the strongest asset protection laws in the country, making it an ideal state for implementing these strategies. The key is to plan ahead—asset protection must be established before any claims arise.
Nevada Asset Protection Trust
Nevada is one of the few states that allows self-settled asset protection trusts. This means you can create a trust, fund it with your own assets, and still be a beneficiary—while protecting those assets from future creditors. Nevada's trust laws offer a short two-year statute of limitations, no state income tax, and strong privacy protections.
Limited Liability Company (LLC)
An LLC separates your personal assets from your business liabilities. If your business is sued, your personal home, savings, and other assets are generally protected. Nevada LLCs offer additional benefits including charging order protection, no state corporate income tax, and strong privacy laws that don't require disclosure of member names.
Premarital & Cohabitation Agreements
Protecting your assets before marriage is not unromantic—it's smart planning. A premarital agreement clearly defines separate property, protects family inheritances, and establishes financial expectations. For unmarried couples, a cohabitation agreement provides similar protections and clarity.
Separate Property Agreements
For married couples who didn't sign a prenup, a separate property agreement can still protect assets acquired before marriage or received as inheritance. This is especially important in community property states like Nevada.
Beneficiary Controlled Trust
Want to leave assets to your children but worried about their spending habits, divorce, or creditors? A beneficiary controlled trust allows your heirs to benefit from the trust while protecting the assets from their potential liabilities.
Why Choose Cooper | Coons?
Nevada's asset protection laws are complex, and implementing them incorrectly can leave you exposed. Our attorneys have deep expertise in Nevada trust and LLC law. We work closely with your financial advisors to create integrated strategies that protect your wealth for generations.
