Nevada Estate Planning Mistakes to Avoid

Posted in estate planning on March 15, 2023

An estate plan allows you to choose where your assets go after you pass. Unfortunately, mistakes in your estate plan can make it difficult for your wishes to be carried out. Understanding common mistakes in estate planning can help you avoid them. Additionally, working with an estate planning lawyer in Las Vegas during your plan’s… (Keep reading)

Why You Should Update Your Revocable Trust

Posted in trust on March 10, 2023

What has happened in your life since you signed your revocable trust?  Many of us have changing circumstances that cause our estate planning needs to change.  Since a living revocable trust is a written legal document that places assets into the trust for a life-long benefit, it makes sense that when a life event changes,… (Keep reading)

Validating an Estate Plan in Nevada

Posted in estate planning on March 9, 2023

Estate plans can be made by anyone who wants to protect their assets and ensure their family and loved ones receive benefits. Having an estate plan can also help make the probate process easier and ensure your assets are distributed how you’d like them to be after you’re gone. However, an estate plan also needs… (Keep reading)

Estate and Gift Tax Planning in Las Vegas

Posted in estate planning,tax planning on February 14, 2023

Planning for taxes and tax burdens is a crucial aspect of estate planning. However, it can often be overlooked for any number of reasons. For one, many people consider it an unpleasant topic. It is natural to resent the idea that the government will take some portion of their hard-earned estate. The idea that this… (Keep reading)

Estate Planning Tips for Las Vegas Newlyweds

Posted in estate planning on February 12, 2023

Marriage is a celebration, particularly in a wedding destination like Las Vegas. It can be easy to leave the mundane details behind and focus on the party. But no matter how much fun the wedding celebration was, marriage is a serious legal contract between two adults. With it come some important responsibilities that you and… (Keep reading)

Internal Revenue Service Announcement for 1099-K Forms

Posted in IRS,tax planning,taxes on January 24, 2023

The Internal Revenue Service has announce that they will delay the implementation of the requirement to issue 1099-K forms from third party payment platforms for transactions of $600 or more. The American Rescue plan required these forms be issued for the 2022 tax year. The reporting requirement is now in effect for 2023. This allows… (Keep reading)

Improved Tax Filing Season

Posted in IRS,tax planning,taxes on January 24, 2023

In 2023, The Treasury Department promises an improved tax filing season but the $80 billion in extra funding won’t be felt for a couple of years. Improvements to taxpayers’ services will be the exception. In 2023, Taxpayers should be able to reach a live person on the IRS’s toll-free lines about 85% of the time… (Keep reading)

Is Probate a Complicated Process?

Posted in probate on January 19, 2023

Probate is a legal process that every individual encounters at some point in their lifetime. When a loved one dies, they most often have some sort of will, trust, or estate plan in place to follow after their passing. Probate works to validate these documents and carry out the final wishes of your loved one… (Keep reading)