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COVID-19 is having a severe impact on our society, including our community here at home. We are doing everything we can to assist our clients in these uncertain times. We understand that you might have questions or have important and time-sensitive estate planning needs during this crisis. Please know that while our doors may be closed at this time, the attorneys and staff at the Law Offices of David A. Straus LLC are very much open.

We are dedicated to assisting you, our clients and our community, and will remain available by phone and webcam.

Please call us if you need help. We will find a way to handle your legal matter. Stay well and stay safe.

Law Offices of David A. Straus

Protecting Your Wealth One Piece At A Time

Las Vegas Lawyer Helping with Business Formation

Business formation and succession planning is a common way in which good estate planning lawyers advise clients to protect assets, loved ones, and themselves. Our counsel and guidance in these areas is anything but common.

At the Law Offices of David A. Straus, we stand out from others and put our personal touch on all matters we handle for clients in Nevada. Located in Las Vegas, we serve clients with business interests and other property throughout the state. Our attorney brings more than twenty-five years of estate and business planning experience to serve you, and personally drafts all customizable documentation in your plan. We ensure that all necessary provisions, items, and legal language are personalized to your unique goals and needs.

Our lawyer holds an LL.M. (Master of Laws) in taxation, and is a certified public accountant (CPA), certified in Illinois only. David also holds an LL.M. in entertainment and media law. We will help you plan for local, state, and federal laws that may impact your business and your estate, ensuring that your plans are all-encompassing.

Legacy Planning: Protecting Assets and Shielding Against Liability

Business and estate planning touches all facets of life. We help parents and grandparents build lasting legacies for their children, minimizing tax exposure and setting requirements for children to receive access to trusts. We help clients find the best legally possible structures for their personal wealth and business assets so their beneficiaries and heirs can enjoy long-lasting legacies. We also help people in the entertainment industry protect and transfer intellectual property rights.

We counsel clients of all different wealth and income levels on how to address tax consequences and to safeguard against liability in savings and transactions.

Helping You Achieve Your Estate and Business Planning Goals

Nevada is an ideal state for achieving your estate and business planning goals. The Nevada self-settled, spendthrift trust (onshore trust) is one of the best in the U.S. It is a discretionary trust that allows the settlor to serve as a trustee, manage property, and direct investments even if he or she does not reside in Nevada. At least one trustee (individual, trust company or bank) must reside in Nevada and the trustmaker may not make distributions to himself or herself.

Other business entity formations that can benefit from your planning include:

  • Limited liability companies (LLCs)
  • Family limited partnerships (FLPs)
  • Nonprofit organizations, charities, and foundations
  • S-corporations
  • C-corporations

Each of these types of entities allows for different forms of asset protection-including intrafamily sales-that can ease your financial and legal burdens in life and those of your beneficiaries and heirs after your death. Proper planning can help protect you, your income, your assets, your business partners, and your loved ones from creditors, lawsuits, and predators. Nevada LLC, LLP, and domestic corporation laws are some of the best in the country.

Schedule a Complimentary Initial Consultation with Attorney David A. Straus

We understand how to make full use of the numerous business entity formations available to you through a complete estate plan. We have a comprehensive understanding of all potential benefits and opportunities.

Please email or call our office at 702-474-4500 to schedule a one-on-one meeting at your convenience. Discover what in-depth business planning can do for your peace of mind, financial flexibility, and financial security.


David A. Straus is the author or co-author of many publications.

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‘Planning In Turbulent Times’

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