Nevada is a favorable jurisdiction for a private trust. A Nevada trust may also be a favorable form for a private foundation (PF). A Nevada trust PF can avoid significant compliance costs in other states even when the family members involved with the PF are not Nevada residents.
This article was published in the August 2026 issue of the State Bar of Nevada’s Nevada Lawyer Magazine and written by Reynolds T. Cafferata, a partner through a professional corporation of Rodriguez, Horii, Choi and Cafferata, LLP. His practice focuses on representation of charities and philanthropists. He is based in Reno and serves Nevada and California clients. Special thanks to Andrew Atkin, partner, Rodriguez, Horii, Choi & Cafferata, LLP, for his assistance with the article.