Estate Planning

Many estate plans for residents of Nevada involve choosing a trustee to manage one of the many kinds of trusts that are used in estate plans. Therefore, choosing a proper trustee is one of the weightiest tasks faced by the maker of the trust (the “settlor”). Very few...

As we get older, it is imperative that we create a will to ensure that our assets are distributed in accordance with our wishes. Once a will is created, it is also important to periodically update your will to ensure that it stays current and reflects your current...

As anyone who has scene Shark Tank recently knows, entrepreneurship is alive and well in the U.S. Indeed, entrepreneurs (small business owners) make up 64% of net new private-sector jobs, 42.9% of private-sector payroll, 49.2% of private-sector employment, 46% of...

Living in a blended family can be a great experience, but it can also come with some challenges. You’ll have to learn new family dynamics, and the fact that you’re not you stepchildren’s biological parent will never go away. But the intricacies of a blended family can...

Most people in Nevada understand that a valid will is necessary to dispose of a person’s property when that person dies. When asked what goes into a will, a large number of people will say “specific bequests” or “establishing a trust.” Very few Nevadans have any idea...

Wills are not necessarily permanent and may need revised after major life events such as having children, moving out of state and divorce. Your former spouse may receive your assets if you do not change your will after divorce. Beneficiaries Your estate planning...

Creating a will is often the most significant part of the estate planning process. However, a will must be done correctly in order for it to be properly executed when the time comes. An estate planning attorney can draft your will in accordance with Nevada law to...

The estate tax is levied on all estates valued at more than $5.34 million and features a maximum rate of 40 percent. It’s an enormous concern for many estate planners. However, estate tax liability can be mitigated with a nifty tool known as a qualified personal...

Choosing how you go about protecting your assets can involve many considerations, including minimizing taxes and avoiding probate. Creating a trust can be an excellent choice to achieve your financial goals and Nevada provides one of the most powerful tools to do so....

Estate planning has become a hot topic these days for obvious reasons. Unfortunately, many childless families have put off the estate planning process, thinking that, since they do not have children, an estate plan is not an urgent concern. However, this is simply not...