Law Offices of David A. Straus LLC Blog

The quickest way to lose everything is to lose a lawsuit, especially with creditors. However, there are laws designed to protect your wealth. Lawsuits When you think of people who get sued, you probably think about doctors and lawyers. However, there are several...

Drafting a will is something everyone should do, and you may be thinking about having one done. As you think about what you would like to include in your will, you may jot things down here and there, or perhaps prepare a handwritten will, intending to get it...

There are two groups of people who may need to set up a special needs trust. First, families who have a loved one suffering with a serious mental or physical disability may consider setting up a third-party special needs trust. This type of special needs trust would...

If you are like many Nevada residents, your estate plan includes a trust. Along with determining which trust is the appropriate trust and setting up your trust documents, you will need to decide who will be your trustee. This is a huge position of trust that you...

Nevada residents who plan their estates later in life may not think you need a guardian. Though, if you have a disabled adult child, then you will likely need an estate plan. For those earlier in life, you may need a guardian for both your kids and an elderly parent...

Estate planning and incapacity planning is uncomfortable. We are discussing our deaths and times when we may not be of sound mind (or even conscious). It is natural to put off such conversations. And, according to Caring.com, most (about 60%) are putting these talks...

Estate planning encompasses many different forms, from trusts and wills to powers of attorney and life insurance. These forms are affected by changes throughout your life, requiring you to update them to keep them current. One such event is a divorce and its impact...

If you are beginning the estate planning process, you may be considering several estate planning tools to make sure your loved ones get their fair share of your estate. A living revocable trust may be an effective way to distribute your assets. What is a living...

When someone executes a will, their hope is that their assets will be distributed as they see fit. However, challenges to the will can frustrate that intent – so a testator may include a no-contest clause, in order to limit the chances of such a challenge. But do they...

It is never too early or too late to start the estate planning process, no matter your age or financial status. Experts have come up with some things to do and things to avoid as you embark on your estate planning journey. Here are some tips on how to handle the...