04 July
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Tax Changes Coming?
Learn about the new tax changes and if you will be impacted by them....
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Learn about the new tax changes and if you will be impacted by them....
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Among other changes to Prop. 13, many people will experience a negative impact from Prop. 19, since it considerably limits the availability of the parent-child exclusion for purposes of limiting reassessment of real estate property taxes upon the transfer of property from parents to children. And for those with estates over $5 million, there are opportunities prior to enactment of the new tax laws. ...
Continue readingAs of January 1, 2021, Grant Morris Dodds will be joining forces with W. Kent Corry PC to ensure a smooth transition of his clients & practice. Read more inside...
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Learn about the top estate planning strategies you can implement to protect your assets. Call our estate planning attorneys for a free consultation!...
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When a person dies owning real property in his or her name, probate may be required in order to transfer that property to the heirs of the deceased person. Because of the costs, delays and hassles associated with going through probate in the State of Nevada, many people desire to transfer, or to at least structure the future transfer of, their real property, prior to their deaths....
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Because our office is already fielding dozens and dozens of inquiries regarding this unique circumstance, it is important that you call us now if you desire to receive counsel and assistance, prior to the end of the year, in determining how such a 2020 gift might be beneficial to your family and estate. ...
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Probate is a required court procedure for most estates in Nevada. The purpose of probate is to settle the affairs of the deceased and to transfer remaining property to their heirs and beneficiaries. The purpose of probate is to ensure that no fraud is committed after someone passes away. ...
Continue readingThe COVID pandemic has caused many changes in our lives. Some of these are lasting and some may be short lived, however there is little doubt to us that this could be one of the best times in history for affluent families to update their estate plans. ...
Continue readingEstate planning in Nevada does not need to be a complicated process. Still, there are many choices for you to look at when deciding how to handle the ownership of your property now and in the future. One option that is available to you is a Qualified Personal Residence Trust (QPRT). Read below to find out what this is, what the process for creating one is, and how it could help you and your beneficiaries. ...
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The first step in knowing whether you need a probate attorney is understanding the probate process. Probate occurs when a loved one has passed away. It is a court-led process that proves the will, pays off creditors, calculates all assets and property, and pays any beneficiaries. It settles their estate and allows all leftover assets to be distributed to family and friends. ...
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