Business Trust is one of the newest entities in Nevada. Business Trust has an important role in asset protection or estate planning. Nevada Business Trust is created by a trust instrument under which property is held, managed, controlled, invested, reinvested or operated, or any combination of these, or business or professional activities for profit are carried on, by a trustee for the benefit of the persons entitled to a beneficial interest in the trust property. We recommend consulting lawyer for more complicated structures. We recommend regular corporations and LLCs for small business owners.