Protecting Your Wealth One Piece at a Time
A power of attorney allows a person to designate another adult to act on his or her behalf. The person who is designated to act is called the attorney-in-fact and the person designating the authority is called the principal. The attorney-in-fact must be an adult and...
For the wealthy, estate planning is extremely important because transferring assets to heirs can bring tax burdens. And, with new administrations often comes new taxes, and a recent tax plan is no exception. American Families Plan The new administration has proposed...
Do you have a loved one with a special medical condition that requires extensive care? If so, then you might find yourself worried about their future. This concern might be especially prevalent if you provide a significant amount of support to that individual. After...
A lot of people in the Las Vegas-area tend to put off estate planning. After all, most people feel like their lives are pretty simple and that they don’t have the need for a fancy estate plan. But the truth of the matter is that you don’t have to be extraordinarily...
The term “estate plan” is often used by Nevada residents, but the degree of understanding of the term by the persons who use and repeat it is uncertain. In simple words, an estate plan is a series of choices by about how a person’s assets are distributed after the...
David A. Straus is the author or co-author of many publications.
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‘Planning In Turbulent Times’