23 March

Sticky

9 Common Estate Planning Questions

Movies and TV shows commonly portray families fighting over someone’s estate after they have passed away. What this doesn’t show, however, is that there is an easy way to avoid this struggle. Meeting with an estate planning attorney and creating a plan for the future will ensure that your loved ones are taken care of and that there will be no need to tear the family apart. To better understand estate planning and the right path for you, here are the most common estate planning questions:...

14 March

0 Comments

Sticky

Electronic Wills and Trusts in Nevada

Posted by GMD Legal

in Elder Law, Living Trusts, Wills

Did you know that Nevada is one of only a handful of states in the entire nation to offer and validate electronically-created and electronically-signed Trusts (see NRS 163.0095) AND electronically-created and electronically-signed Last Wills and Testaments (see NRS 133.085)?...

14 March

0 Comments

Sticky

Coronavirus: How We’re Responding & Still Serving Your Needs

Posted by Patrick Brennan

in Elder Law, Grant Morris Dodds

In the wake of the Coronavirus (COVID-19) pandemic, citizens are taking responsible measures to slow the spread and minimize the impact the virus has on their health. It’s smart. We should all be doing everything we can to ensure our safety. ...

28 February

0 Comments

Sticky

Do I Need to Hire a Living Trust Attorney?

Posted by GMD Legal

in Elder Law

It is possible to create a living trust without an attorney. However, at a minimum, it is recommended that you meet with one to discuss the process and to find out what is legally required to be in the document. Creating a living trust can be a complicated procedure. It can even be more complex making sure that it is a valid document that will be accepted by the court. ...

14 February

0 Comments

Sticky

How Can I Avoid Probate?

Posted by GMD Legal

in Probate

Probate can be expensive and time consuming. Learn about the ways you can help your heirs avoid the probate process. Talk to one of our attorneys today. ...

29 January

0 Comments

Sticky

Is a GST Trust Revocable or Irrevocable?

Posted by GMD Legal

in Estate Tax Planning, Living Trusts

Estate planning is making a plan for your assets after you die. It can be a confusing time because there are so many options, laws, and regulations. One choice that is offered in Nevada is the trust. A trust is a fiduciary arrangement that names a trustee to hold and manage your assets on behalf of your beneficiaries. In Nevada, it is possible to design a trust that can help protect future generations in your family and make sure that they are taken care of financially. ...

20 January

0 Comments

Sticky

Common Las Vegas Living Trust Questions

Posted by GMD Legal

in Living Trusts

If you are currently going through the estate planning process in Nevada, you have probably heard the term “living will”. You have probably also heard several other terms like revocable, irrevocable, will, trustee, and beneficiary. Your friends and family may have even given you unsolicited advice about how they handled their estate. The estate planning process can be complicated and confusing. For this reason, we have compiled a list of common Las Vegas living trust questions below. ...

27 December

0 Comments

Sticky

What if someone died and there is an account with no beneficiary on it?

Posted by GMD Legal

in Probate

If a loved one has passed away, their estate will need to be managed. Generally, this is done through the courts in a legal process called probate. This process is influenced by whether the person had a will and who they listed as their beneficiaries. A beneficiary is a person that is entitled to some or all of the deceased assets. ...

17 December

0 Comments

Sticky

Can I Hire a Probate Lawyer in Nevada if I Live Outside the State?

Posted by GMD Legal

in Probate

If a loved one has passed away in Nevada, you may be wondering if you need to hire a probate lawyer to help you settle their estate. This can be even more challenging if you do not live in Nevada yourself. ...

04 December

0 Comments

Sticky

NEWS FLASH: “Clawback” is no longer a concern in making large gifts!

Posted by GMD Legal

in Estate Planning

On November 22, 2019, the IRS announced in IR-2019-189 that final Treasury Regulations will allow individuals to take advantage of the increased gift and estate tax exemption amounts which are in effect now through 2025, even if a person dies after such amounts drop back to pre-2018 levels. ...