Kristen is a founding partner of Simmons Freeman/NV Trust Lawyers.  For more than 17 years, she has been counseling clients in the areas of estate planning and asset protection planning.  Kristen is well respected in the estate planning community and was recently named as 2021’s “Lawyer of the Year” in Tax Law by The Best Lawyers in America®.  While she enjoys designing an estate plan to meet a client’s tax and asset protection objectives, her favorite part of her practice is being a trusted advisor to multiple generations of families.

About Us: Simmons Freeman has years of experience in providing comprehensive, competent, and caring counsel to clients in formulating and implementing an estate plan.  Our Nevada Trust Lawyers are certified by the National Association of Estate Planners and Councils (NAEPC) as Estate Planning Law Specialists (EPLS) and Accredited Estate Planners (AEP). 

Asset protection is an integral component of a comprehensive estate plan.  We live in a litigious society, and whether the goal is to protect your hard-earned assets now, or to ensure that the inheritance you leave to your family will be protected from creditors, “out-laws” and the IRS, our NV Trust Lawyers can help.  There are several asset protection strategies that may be considered, including the Nevada Domestic Asset Protection Trust, Discretionary Trusts, and Business Entities such as limited liability companies and limited partnerships.

Trusts can be used for more than estate planning and asset protection.  Irrevocable trusts can also be used to provide income tax savings for you and your family.  For example, a Non-Grantor Trust may be used to shift the income tax liability for an asset to a beneficiary or beneficiaries who are in a lower income tax bracket.  Likewise, a Nevada Incomplete Gift Non-Grantor Trust (“NING”) may be used to save state income taxes if you are a resident of a high taxing state.  Further, under current law, there may be opportunities for a step-up in basis to apply to assets at a senior generation’s death (Basis Bumping).