🎰 How to Create a Trust in Nevada (2025 Guide)

Nevada is one of the best states in the U.S. for trust protection β€” offering powerful asset shielding, favorable tax treatment, and privacy. Whether you're a Nevada resident or simply want to hold assets here, this guide walks you through how to legally create a Nevada trust β€” without needing a $5,000 attorney.

10/21/20252 min read

🎰 How to Create a Trust in Nevada (2025 Guide)

Nevada is one of the best states in the U.S. for trust protection β€” offering powerful asset shielding, favorable tax treatment, and privacy.

Whether you're a Nevada resident or simply want to hold assets here, this guide walks you through how to legally create a Nevada trust β€” without needing a $5,000 attorney.

πŸ”Ž What Is a Trust?

A trust is a legal entity that holds assets for your chosen beneficiaries. You (the grantor) appoint someone (the trustee) to manage the assets on behalf of others (the beneficiaries).

The most common Nevada trust is the Revocable Living Trust, which:

  • Avoids probate

  • Gives you full control of your assets while alive

  • Transfers assets automatically upon death

  • Keeps your affairs private

Nevada also offers exceptional protections for more advanced trusts.

πŸ“ Step-by-Step: How to Set Up a Trust in Nevada

1. Choose Your Trust Type

Start with:
βœ… Revocable Living Trust

Nevada also allows powerful add-ons:
☐ Spendthrift Trust
☐ Dynasty Trust
☐ Minor’s Trust
☐ Special Needs Trust
☐ Domestic Asset Protection Trust (advanced)

βœ… TrustGenie provides standard trusts. Advanced asset protection trusts may require custom service.

2. Assign the Key People

☐ Grantor – Person creating the trust (you)
☐ Trustee – Manages the trust assets (can be the grantor in revocable trusts)
☐ Successor Trustee – Takes over when the original trustee can’t serve
☐ Beneficiaries – Individuals or organizations who receive assets

3. List Your Assets

☐ Nevada real estate (residence, rentals, land)
☐ Bank and credit union accounts
☐ Brokerage and investment accounts
☐ Life insurance (optional)
☐ Vehicles
☐ Personal valuables (art, jewelry, collectibles)
☐ Business interests (LLCs, S Corps, etc.)

βœ… TrustGenie includes a Schedule A and General Assignment template.

4. Sign and Notarize the Trust (Nevada Rules)

  • Must be in writing

  • Signed by the grantor

  • Notarization is required

  • Witnesses not required by Nevada law (but okay to include)

βœ… TrustGenie includes full Nevada signing instructions.

5. Fund the Trust (Required for Protection)

☐ File a Nevada Quitclaim or Warranty Deed to transfer real estate
☐ Retitle bank and investment accounts to the trust’s name
☐ Assign personal property using a General Assignment
☐ Update life insurance and retirement account beneficiaries if desired
☐ Maintain a record of all transfers

🚨 If the trust isn’t funded, it won’t avoid probate or provide any protection.

⚠️ Common Mistakes in Nevada

❌ Forgetting to fund the trust
❌ Thinking a will is enough (it still goes through probate)
❌ Naming minor children without a Minor’s Trust
❌ Failing to update trust after divorce, marriage, or new assets
❌ Using generic templates not compliant with Nevada law

πŸ’° Cost of Creating a Trust in Nevada

Method Average Cost NV Trust Attorney$2,500 – $6,000+ Online Templates$100 – $400 TrustGenie Plan$150/year (includes Nevada-specific documents + deed support)

🧠 Can You DIY a Trust in Nevada?

Yes β€” Nevada allows anyone to legally create a trust if:

  • It’s in writing

  • Signed by the grantor

  • Names a trustee and beneficiaries

  • Assets are properly funded

βœ… TrustGenie provides all documents, transfer guides, and annual update support.

πŸ“Ž Download: Nevada Trust Setup Checklist

Includes:

  • Document signing tips

  • Deed transfer checklist

  • Funding steps

  • Yearly maintenance tips

πŸ“₯ [Download the Nevada Checklist]

βœ… Ready to Protect Your Assets?

Join thousands of Nevadans using TrustGenie to build flexible, legal, and enforceable trusts β€” without the law firm price.

πŸ‘‰ [Create Your Nevada Trust – $150/year]

πŸ”— Related Posts:

  • [What Is a Dynasty Trust and Why Nevada Leads the Nation]

  • [Nevada Probate Laws: Why You Should Avoid Them]

  • [Domestic Asset Protection Trusts: When and Why to Use One]

✍️ Written by:

TrustGenie Legal Team
Protecting Nevada families and business owners β€” one trust at a time.