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What Are the Four Important Las Vegas, NV, Estate Planning Factors?

Posted in estate planning on July 16, 2022

Creating a comprehensive estate plan may seem difficult, and thinking about death can be uncomfortable for some people. However, approaching estate planning with a clear understanding of the benefits it can provide to you and your family can help you take full advantage of the benefits of proper estate planning. Working with an experienced Las… (Keep reading)

What Are the Five Most Important Estate Planning Documents in Las Vegas, NV?

Posted in estate planning on July 15, 2022

Estate planning may not be the most comfortable topic for many people in the Las Vegas, NV, area, but it’s vital to understand what the process entails and the benefits of the effort you put toward it. A comprehensive and legally enforceable estate plan can provide peace of mind for you and relief for your… (Keep reading)

How Long Does Probate Take in Nevada?

Posted in asset protection,probate,trust on June 30, 2022

Probate is the legal process of distributing assets of a deceased person’s estate and paying any debts owed by the person prior to their death. The length of time it takes to settle legal matters often varies depending on the specifics of the case, and probate is no different. While families are often dealing with… (Keep reading)

How Does a Family Trust Work in Nevada?

Posted in asset protection,probate,trust on June 29, 2022

Establishing a trust is one way to ensure your assets are dispersed according to your wishes once you’re no longer alive. Living trusts can be set up in different ways, depending on the needs of you and your family. Family trusts can be created so you can specify which family members your assets will be… (Keep reading)

What Is Qualified Small Business Stock?

Posted in asset protection,tax planning,taxes on June 15, 2022

Under section 1202 of the tax code, individuals investing in Qualified Small Business Stock (“QSBS”) can exclude a significant portion of associated capital gains when selling or exchanging that stock depending on when it was acquired.  In fact, for QSBS acquired after September 27, 2010, and held over five years, gains may be completely tax-free… (Keep reading)

Pandemic Changes To The Workplace

Posted in Firm News on May 26, 2022

When the pandemic hit in the spring of 2020, it brought with it many changes to the workplace.  Workers began to work remotely from home, which with modern technology could be anywhere.  Not all workers have returned to work in traditional offices. Some continue to work remotely or have adopted a hybrid work schedule, working in… (Keep reading)

In Nevada, Can You Transfer You Firearm Upon Your Death?

Posted in asset protection on May 18, 2022

A:  It depends. In January 2020, Nevada passed a law that made it generally more difficult to transfer or sell firearms between individuals.  Whereas, prior to the law, private sales of firearms were not regulated, under the 2020 law, the buyer or the recipient of a gift of a firearm in Nevada must pass a… (Keep reading)

How Do I Set Up a Living Trust in Nevada?

Posted in asset protection,estate planning,probate,trust on May 16, 2022

Setting up a living trust is one of the most beneficial estate planning options you can choose in Nevada. A living trust, or a trust that you set up while you’re alive, can protect your assets and make for a smooth transition for your family members or beneficiaries after you’ve passed or have become incapacitated…. (Keep reading)