The Nevis International Exempt Trust Ordinance, 1994

The Nevis Exempt Trust Ordinance contains asset protection provisions considered to be among the best in the world by trust and estate planning experts worldwide. Trusts are a widely used structure providing for the protection of assets from the claims of third parties. Benefits include:

Trustees must adhere to strict confidentiality rules
Creditors must establish Burden of Proof of intent to defraud
Commencement of any legal action requires posting of US $25,000 bond
Flexible choice of law provisions
Taxation and exchange controls exemption
The Rule against Perpetuities does not apply
Trust cannot be invalidated by foreign heirship rules
Any legal challenges must be made within one year of settlement