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A Nevis LLC is often used in conjunction with an asset protection trust because it gives the creator of the trust direct control over the assets if the creator is listed as the manager of the Nevis LLC. This gives the creator added security in that it keeps the assets one step removed from the trustee of the asset protection trust.
The Nevis limited liability company statute is based on the Delaware limited liability statute, but they have a few added advantages. One advantage of a Nevis LLC is that the members and managers are not disclosed to the public. There is some debate over the ethics of asset protection planning.
Nevis and the neighbouring island of Saint Kitts constitute the Federation of Saint Kitts and Nevis, a singular nation state. Nevis is located near the northern end of the Lesser Antilles archipelago about 350 kilometres (220 mi) east-southeast of Puerto Rico and 80 kilometres (50 mi) west of Antigua.
Saint Kitts and Nevis (/-ˈ k ɪ t s ... ˈ n iː v ɪ s / ⓘ), officially the Federation of Saint Christopher and Nevis, [7] is an island country consisting of the two islands of Saint Kitts and Nevis, both located in the West Indies, in the Leeward Islands chain of the Lesser Antilles.
Location of Saint Kitts and Nevis. Saint Kitts and Nevis is a two-island country in the West Indies. Located in the Leeward Islands chain of the Lesser Antilles, it is the smallest sovereign state in the Americas, in both area and population. The country is a Commonwealth realm, with the British monarch (currently King Charles III) as head of ...
It now houses the Society's offices and the Museum of Nevis History. [3] [4] The building's upper floor hosts the Nevis Island Government's Legislative Offices, the Nevis Island Assembly. The museum building was long thought to be the house where the American statesman and Founding Father Alexander Hamilton was born and lived during his childhood.
Nevis Labs is a research center owned and operated by Columbia University. It is located in Irvington, New York , on the 60-acre (240,000 m 2 ) property originally owned by Col. James Alexander Hamilton , the son of Alexander Hamilton , a graduate of Columbia College .
In Nevis, similar provisions in the Insurance Ordinance 2004 allow insurers to establish "statutory funds" to which they may allocate the risks of any insured who agrees to such allocation. The assets of a statutory fund are only available to meet liabilities in respect of business allocated to that fund.