June 2013 - Law Firm of Jeffrey Burr

How Often Should You Review Your Estate Plan?

Posted on June 25, 2013 by Law Firm of Jeffrey Burr

It is often asked by clients, how often should I review my estate planning documents? Although we do the best we can to create a flexible estate plan, there are a couple of situations that should motivate clients to dust off their estate planning documents for a review – changes in life and changes in the […]

Nevada Transplants-Separate Property vs. Community Property Law

Posted on June 17, 2013 by Law Firm of Jeffrey Burr

According to the most recent estimates from the U. S Census Bureau, Nevada ranked fifteenth (15th) in state population growth. Many residents of Nevada are transplants, having lived and worked in other states before relocating to Nevada. Most states are “separate property states”; however, Nevada is a “community property state”, one of only nine (9) such states. Generally […]

What Happens If A Person Dies Without A Will?

Posted on June 12, 2013 by Law Firm of Jeffrey Burr

Often times, the public is under the misconception that if a person dies without a will, their assets will go to the state of Nevada. However, this is only a rumor. In reality, if a person dies without a will, the state of Nevada has a set of default rules (intestacy laws) under NRS Chapter 134 that […]

LLC Operating Agreements

Posted on June 3, 2013 by Law Firm of Jeffrey Burr

Even single member LLC’s should have an operating agreement. The importance of an operating agreement seems obvious when unrelated parties are partners in an LLC; but the need seems less apparent when there is one member or if the member of the LLC is a husband and wife or a joint trust. Having an operating agreement is […]