Nevada Transplants-Separate Property vs. Community Property Law

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 […]
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LLC Operating Agreements

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 […]
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