3 Myths About Trusts

Even though trusts have become more and more common over the past couple of decades, there is still a certain mystery surrounding trusts and myths that have persisted.  With this blog post, I wish to discuss and bust three such…

Determining Testamentary Capacity in Nevada

Whether a last will and testament is valid or not often hinges on the testator’s mental capacity.  A lack of the proper mental capacity at the time the will was executed provides grounds for a will contest. In order for…

The Benefits of Corporate Trustees

When you create your estate plan, the principal document will be your revocable living trust.  And one of the key decisions you are going to have to make is who will be the successor trustee when you are no longer…

How to Keep LLC Ownership Private in Nevada

Despite the limitations and myths that exist regarding ownership privacy and asset protection, you may still feel strongly about keeping your name off your company’s records as filed with the Secretary of State.  You may wonder how to keep LLC…

Anonymous LLCs and Corporations – Part 2

As a follow up to my prior post, this article will continue a look at common myths held by people seeking complete privacy and asset protection through anonymous ownership of limited liability companies, corporations, and other entities. Myth:  If you…

Anonymous LLCs and Corporations – Part 1

Clients often seek for their ownership in their business to be entirely anonymous. There are various reasons for this, including the desire to avoid frivolous lawsuits. Perhaps someone you know just got sued recently and you think that you can…

What Type of Buy-Sell Agreement is Right?

Buy-Sell agreements are often an overlooked, but critical part of planning for a business with two or more owners. The agreement can cover many different and unexpected circumstances.  See my prior article for a discussion of the importance of buy-sell…

The Importance of Buy-Sell Agreements

Consider at the Outset When business owners meet with their attorneys to discuss establishing a new business, they are usually looking forward to the great opportunities that lie ahead.  The promise of immense profits, financial independence, and being their own…

How to Make a Living Trust in Nevada

Have you been thinking about creating a living trust but have not known where to begin?  Has estate planning been on your to-do list for longer than you’re willing to admit?  Are you unsure whether you should establish a trust…

Real Estate Planning

Have you set up a trust and wonder how to hold title to your residence?  Have you invested in your first rental property and wondered what would be the best way to hold title?  Or have you been investing in…