fbpx

Adult Children and Your Liability


According to Nevada law (NRS 41.440), any liability imposed upon a spouse, son, daughter, parent, or other immediate family member arising out of his or her driving and operating a motor vehicle with the permission, express or implied, of such owner is hereby imposed upon the owner of the motor vehicle, and such owner shall […]
Read More

Having a Will Does Not Avoid Probate


We often get asked whether having a Will is sufficient to avoid probate in Nevada. The question is usually asked by children of a deceased parent who are facing the time-consuming and expensive probate process because proper estate planning did not take place during the parent’s lifetime. The answer, in short, is that in Nevada […]
Read More

Sanders’ 99.5% Act Estate Tax Proposal


Recently, Bernie Sanders presented his proposed tax reform legislation, which outlines drastic changes to the estate and gift tax exemption. While it is our hope that this proposed law will not be enacted, it seems best to “plan for the worst and hope for the best,” given the unpredictable political climate, and the possible changes […]
Read More

Becoming a Resident of Nevada


Generally, a person’s “domicile” is his or her primary legal residence. While a person may have several residences or places where he or she lives, in the United States a person may only have one domicile or legal residence. Each state has its own rules for establishing legal residence, and it is possible for more […]
Read More

10 Estate Planning Tips for Newlyweds


Choosing colors, cakes, decorations, and invitations can seem daunting, but once the big day is over, there are other important considerations. Whether or not it’s your first walk down the aisle, it’s important to nail down particular aspects of your estate planning during this pivotal time.  Estate planning isn’t just for those with more experience […]
Read More

Nevada Asset Protection for California Residents


More and more clients are seeking asset protection as jury awards and the number of frivolous lawsuits continues to increase, in order to preserve their hard-earned assets to pass on to future generations. Such asset protection is available in various forms, including limited liability companies, corporations, homesteads, qualified retirement plans, offshore trusts, and domestic asset […]
Read More

Nevada Electronic Wills & Trusts


Concern over the coronavirus (COVID-19) is rampant. Many extreme measures are being taken and we are being urged to try to limit our activities to those that are more essential. In these uncertain times, we often reflect on our estate planning and end of life decisions. Because of the major impact these have on us […]
Read More