Protecting Your Wealth One Piece at a Time
As you age you likely know many people with wills, even if you do not have one yourself. In fact, if you are new to estate planning you might not understand the power of a will. The following is a brief overview of what a will does and what a will does not do. What...
Introduction Noncompete agreements are very common for highly compensated professionals in Texas. These agreements generally impose limits on the ability of a professional to move from one firm to another. The question most often asked about such agreements is whether...
Introduction Divorcing couples in Michigan face many issues in uncoupling their marriages, but dividing their property can be one of the most vexing challenges they will face. Understanding the process used by courts in the state can help both parties to a divorce to...
Introduction One of the many reasons given by Nevada estate planning attorneys for drawing up a will is to prevent disputes over the assets owned by the maker of the will (the “testator”) after the testator dies. Unhappily, even the best drawn will and most thoroughly...
When we are young, we assume our parents will always be around. However, as we grew older, we realize that our parents are growing older, as well, and the reality is that they will not always be in our lives. If our parents do not have estate plans set up, talking...
Nevada residents who have accumulated valuable assets know the important role estate planning plays in protecting those assets. One way to protect those assets is through an asset protection trust, also called a self-settled spendthrift trust. An asset protection...
There are so many things to consider when making future plans, especially when deciding how to provide for your loved ones should you no longer be there. Ensuring that estate assets will be safe and easily accessible when the time is right can be challenging....
Las Vegas residents who wish to contribute to a non-profit or charitable organization they support may consider setting up a charitable trust. Before doing so, it is important to have a thorough understanding of the different types of charitable trusts available, and...
Many Las Vegas area residents have gone through the process of creating a will. This is a good way to ensure their wishes are followed when they pass away. But it is important to make sure the will is a valid legal document. So, what makes a will valid in Nevada?...
Most people in the Las Vegas area have accounts that list beneficiaries. When these financial accounts are set up they often need to designate a beneficiary. This is usually done when the account is created but may not be reviewed ever again. Not reviewing a financial...
David A. Straus is the author or co-author of many publications.
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‘Planning In Turbulent Times’