Recent Blog Posts
The Cautionary Tale of OJ Simpson & Other Celebrities Who Died Without a Trust
The recent passing of O.J. Simpson and the subsequent filing of his will in Nevada courts have once again highlighted the importance of comprehensive estate planning, particularly for high-profile individuals. Simpson, a former NFL star and celebrity, died as a resident of Nevada, and his will has now become a matter of public record… Read More »
What Are Financial Priorities for 2024
As we enter 2024, it’s the perfect time to reassess your financial situation and set clear priorities for the year ahead. With economic uncertainty looming and the threat of a potential recession, having a firm handle on your finances is more crucial than ever. While general tips like “save more” or “get out of… Read More »
Why Do Rich People Put Their Homes in a Trust?
Estate planning is a crucial aspect of financial management, regardless of wealth. However, it’s common to hear about rich people putting their homes in a trust. While this strategy has gained popularity among the wealthy, it’s not exclusive to them. As a Nevada homeowner, you might wonder why this is a common practice and… Read More »
Should Taylor Swift and Travis Kelce Consider a Prenup?
This year, the news of Taylor Swift dating Travis Kelce has dominated the football season. As the Kansas City Chiefs win the Super Bowl and Valentine’s Day just passes, the buzz around Taylor Swift and Travis Kelce’s relationship has fans and spectators alike whispering about the possibility of wedding bells in the near future…. Read More »
Understanding the Corporate Transparency Act and Its Impact on Small Businesses
As a small business owner, you must stay informed about legal changes that could affect your operations. The Corporate Transparency Act (CTA), effective from January 1, 2024, is one such change you should be aware of. This new legislation, aimed at combating money laundering and other illegal activities, requires millions of small businesses in… Read More »
IRS Announces Increased Gift And Estate Tax Exemption For 2024
If you’re an individual and family in Nevada looking to protect your assets and your estate as you age, the tax laws have changed. The US Internal Revenue Service (IRS) recently announced an increased gift and estate tax exemption for 2024. This change was influenced largely by the recent economy and inflation, presenting new… Read More »
What Are the Objectives of Asset Protection in Nevada?
Many individuals seek asset protection in Nevada for good reason. Nevada is a prime location for estate planning because of its tax-friendly laws. Protecting your assets in Nevada is a wise decision and can help you safeguard your wealth for future generations. But why should you protect your assets, and what is the purpose… Read More »
Issues With Asset Protection When Drafting a Nevada Estate Plan
Estate planning is a necessary step when preparing for your future. It ensures your wealth is protected, your assets are distributed according to your wishes, and your loved ones are safeguarded in the event of your passing. Among the various states in the United States, Nevada has gained a solid reputation for being one… Read More »
Will 2023 or 2024 Be a Good Time to Buy a House?
Home prices and mortgage rates have soared to historic highs in recent years. This has made the housing inventory scarce. As a result, both potential sellers and aspiring buyers are understandably apprehensive about the present state of the housing market. Should you buy a house in 2023 or wait until 2024? The answer isn’t… Read More »
How California’s New Medi-Cal Changes Might Affect Your Estate Plan
Medi-Cal is California’s version of the federal Medicaid program. It provides essential healthcare coverage to low-income individuals and families. Administered by the California Department of Health Care Services (DHCS), Medi-Cal assists vulnerable populations, including low-income families, pregnant women, children, individuals with disabilities, and the elderly. Eligibility for the program is based on various factors,… Read More »