Posted January 3, 2017 by James Billings
If you own real estate outside of Nevada these AP trust do not work! Beware! This is what they don’t tell you…should you have a real estate legal problem, the court where the property is located has jurisdiction. The court is unlikely to get title, but they can place a lien against the property owned by a Nevada Trust! Trust title is quite different than a real estate lien. Two totally separate issues. Careful…ask questions
You can get safety but it’s not a NAPT