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Your estate plan reflects your wishes, and your executor helps them come true. In addition to this role, executors have other significant duties. Due to the sensitivity of their position, they need to be adequately informed about matters concerning your estate. This...
You and your business partner have been running the same company together for years. Sometime later, they violated an agreement, and it crushed you. You are hurt because you didn’t think of them as just a teammate; you considered them a friend. Unfortunately, about 70...
Digital estate planning refers to the process of organizing and managing one's digital assets and online accounts in preparation for incapacitation or death. In the Digital Age, individuals tend to accumulate a significant amount of digital property, including: Email...
There are many different types of business structures that entrepreneurs in Nevada can choose to take advantage of when starting their own organizations. Each comes with unique benefits and drawbacks based on someone’s business model and the scope of the operations...
It used to be much more common for people to leave the exact same amount of assets to all of their beneficiaries. But there has been a trend in recent years where unequal bequests are becoming more and more common. People are splitting up their assets in ways that...
An incentive trust is a type of trust that can hold assets and only release them to an heir if they meet certain stipulations. The goal is to incentivize that heir to act in some specific way. For example, parents are sometimes worried that adult children will quit...
An estate plan should be a record of what someone wants to do with their property and what support they wish to provide for their dependents when they die or suffer some kind of incapacitating medical event. Unfortunately, some estate plans end up reflecting the...
Parents of adult children sometimes struggle with deciding whether to include their adult children in estate planning conversations or whether they don’t tell them anything. There are benefits to discussing your estate planning with your children, even though it may...
When you’re creating your estate plan, you may decide that you want to pass assets down to your loved ones. Many people want to do this as easily as possible. Trusts are one option that you have when you’re setting up the estate plan. These are classified as either...
Especially when a company has employees, proactive adherence to state and federal business laws is generally crucial for a company's liability mitigation strategy and to its potential for success as a whole. Violations of employment laws might lead to not just...
