Klabacka v. Nelson: The Case Behind Every Nevada Divorce-Protection Claim
Klabacka v. Nelson protected a Nevada trust in divorce on facts few clients have. What it held, the alimony half left out, and why it rarely travels.
Klabacka v. Nelson protected a Nevada trust in divorce on facts few clients have. What it held, the alimony half left out, and why it rarely travels.
You cannot rely on the Trust document or recitals to establish JURISDICTION! In the end the COURT which has the case in front of it, whether State, Federal or Bankruptcy, will determine which law applies, regardless of what the Trust document itself attempts to establish.
Nevada has two trust statutes and most of the conversation only involves one of them. NRS Chapter 166 is the…
CA asset protection strategies and why out of state trusts fail.
In Chapter 3 of my Best Selling book ‘Over Exposed!’, I dived into the Nevada C-Corp. While this topic was…