fbpx

Introducing the Passport Trust


  Clients that come into our office looking for asset protection in the form of a domestic asset protection trust (“DAPT”) often ask us what additional protections an offshore trust could offer them.  Some of those additional protections include a shorter statute of limitations for creditors to attack assets after the assets have been transferred […]
Read More

Where There’s a Will, There’s a Way


Nevada law provides for two ways of creating a valid and binding Last Will and Testament.  The first method is by drafting a will, in writing, that is signed by the testator or by an attending person at the testator’s direction, which is attested to by at least two competent witnesses who subscribe their names […]
Read More

Enforcement of No-Contest Clauses


Most wills and trusts, in my experience, contain no-contest clauses, which say something like: if a beneficiary contests the terms of my will or trust they get nothing. Most clients like this language. They think it protects them from a beneficiary who comes swinging out of the corner so-to-speak and tries to claim more than […]
Read More

Amending Your Trust


The main component of the estate plan for most people is a revocable living trust that they establish during their lifetime. When you create a revocable living trust, you can only plan for the present and for the near foreseeable future.  However, an unanticipated change in circumstances in your life may necessitate the amending of […]
Read More

Fix Your Trust?


I received a mailer last week from a law office claiming that with a simple free workshop they could  FIX MY TRUST.  They pointed out a few reasons that my trust might not reflect my needs: Removing A/B Trust provisions. Protect my spouse from “gold-diggers” after I’m gone. Incapacity/guardianship planning. Protect my children’s future inheritance from […]
Read More