Alaska, Nevada, and Delaware share many of the same benefits for the creation and administration of modern trusts. The choice of one over the other comes down to what specifically a grantor is trying to accomplish with the trust along with the preferences of the client and the attorney. This trust jurisdiction comparison guide compares the applicable state statutes for various trust provisions and planning techniques for Alaska, Nevada, and Delaware law. This guide compares state law for many planning techniques including directed trusts, self-settled asset protection trusts, spendthrift provisions, notice requirements, community property trusts, decanting, and more. The chart references the applicable statute for each planning topic.
Note: Peak Trust Company cannot provide legal advice and this material should not be construed as such. Jurisdiction-specific law should be discussed with appropriately skilled legal counsel. The differences discussed here are general statements and do not cover the many complexities of the subject. Alaska, Nevada, and Delaware frequently propose and pass updates and clarifications to their respective statutes and regulations. Please consult legal counsel and official state sources for the most up-to-date information on jurisdiction-specific law. Peak Trust Company makes no guarantees as to the completeness or relevance of these statements.