Law Offices of David A. Straus LLC Blog

When it comes to running a successful business, planning for the future is key. One helpful aspect of this planning is having a succession plan in place. There are several compelling reasons why you need a succession plan for your business. Continuity of operations A...

Some assets have beneficiary designations, such as life insurance policies and retirement accounts. These designations ensure that your assets pass directly to your heirs according to your wishes. However, mistakes in beneficiary designations can lead to unintended...

Athletes and entertainers often face unique challenges when it comes to estate planning. These challenges are often the result of their high-profile careers, fluctuating incomes and valuable assets. Athletes and entertainers can establish a comprehensive plan that...

Many individuals meticulously plan their estates to make sure they take care of their loved ones after they pass away. However, one important aspect that is often overlooked is the well-being of their beloved pet. Creating a plan for the ongoing care and maintenance...

When you are planning your estate, picking the right person to handle your affairs after you die is important. This person, called the executor, deals with the wishes in your will. However, not everyone is up for the job. Here are some signs to watch for that might...

Drafting a will is part of planning your estate. While some people choose to write theirs by hand, there are serious risks associated with this method. Understanding the risks of using a handwritten will is key to making smart decisions about your estate. Lack of...

When planning for the future, estate planning helps ensure your assets undergo distribution according to your wishes. However, even with the best intentions, people often make mistakes that can impact their loved ones and legacy. Understanding these common errors can...

Life insurance plays a role in many Nevada estate plans. For example, this financial tool may go beyond providing a safety net for loved ones. It can also be a strategic instrument in ensuring a smooth transition of assets and securing your legacy. The foundation of...

Planning for the future may seem like a task reserved for the elderly or the wealthy. However, many people who put off estate planning end up feeling that they waited too long. Taking the time to plan for what happens to your assets and belongings is a responsible and...

When you create a will, your intent is to express your last wishes, including who you want to receive your possessions. However, there may be individuals who want to go against these desires and contest your will once you decease. While you cannot be here personally...