Why Avoid Probate?

Typically, estate planning attorneys use trusts and other instruments to help their clients avoid probate court. Clients often ask, why it is important to avoid probate court? The two best reasons for avoiding probate court are (1) time and (2) cost. Probating a deceased person’s estate is a long process.  For a normal probate estate […]
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Nevada Remains a Top-Ranked Dynasty Trust State

A local law firm recently published a chart which named Nevada as one of the top two jurisdictions that are best for establishing Dynasty Trusts. A Dynasty Trust is a special trust created to last for multiple generations.  They use what is called the generation-skipping transfer tax exemption under the Internal Revenue Code (currently $5.45 […]
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