Estate Planning in Nevada

Nevada has no state estate or inheritance tax and no state income tax, making it attractive for estate planning purposes. Simple wills cost $400-$900, comprehensive plans $1,800-$4,500. Nevada has one of the most trust-friendly legal frameworks in the nation, with asset protection trusts (self-settled spendthrift trusts), dynasty trusts (no rule against perpetuities), and directed trusts attracting out-of-state trust business. Probate is through county District Courts. Small estates under $25,000 qualify for simplified procedures.