About us

The Nexxess Trust is an extremely powerful instrument for those who use it, as it provides the ultimate tax-advantages, asset protection and invisibility of assets. To have complete asset protection, the Nexxess Trust must be Irrevocable and Non-Grantor. We separate the settlor, or creator, from the corpus of the trust for specific reasons. When assets are irrevocably transferred to the trust, they may never revert to the one who is making the endowment or transfer. Once the very first asset is placed in the trust by the settlor “or” grantor, the trust is said to be “funded” and considered valid at that time.
Under these terms and conditions upon creation, legal separation has occurred, and the corpus may not be breached by claimants of the settlor, the trustee or anyone.

The non-grantor designation exempts the trust from any alter ego status that brings into action the management or beneficial enjoyment by the settlor. Because the settlor “resigns” after funding the trust, there can be no ambiguity of such an alter ego claim. If the creator of a trust has management of the corpus, or is a beneficiary of the same trust, it becomes a so-called “living trust”, which has limited benefits and no tax advantages or asset protection.