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Blog

07 March
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Deathbed Regrets

Posted by GMD Legal
in Probate

We will all die one day—unless you know something we don’t. We recently came across an article written by Bronnie Ware, a home hospice nurse. After years of working with those who are literally laying in their deathbeds, she recorded the top five most common final regrets. They are as follows: 1. I wish I’d had the courage to live a life true to myself, not the life others expected of me. 2. I wish I didn’t work so hard. 3. I wish I’d had the courage to express my feelings. 4. I wish I had stayed in touch with my friends. 5. I wish that...

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10 February
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David Grant as One of the “Notable Faces in Southern Nevada’s Financial Community.”

Posted by GMD Legal
in Estate Tax Planning

Estate Planning Attorney David Grant was recently featured in the February 3, 2014 issue of VegasInc Magazine as one of the “notable faces in Southern Nevada’s financial community.” You can read the full article here http://www.vegasinc.com/business/2014/feb/03/get-financial-adviser-avoid-small-business-headach/. Congratulations David!...

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15 November
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The Affordable Care Act and You

Posted by Mark L. Dodds
in Grant Morris Dodds

With each passing day, the news on Obamacare gets worse. At the outset, it was just a matter of a few “glitches” in the website. And after all, didn’t Google and Amazon and all the great technologies of our day have some glitches along the way? Of course, now we know that describing the problems with the Obamacare website as “glitches” is like calling World War I a food fight. Not to worry, as a few weeks ago, Wolf Blitzer breathlessly reported to the nation that the healthcare website would be spinning like a top by the end of November. More...

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11 October
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The Only Reason the Government is Shut Down

Posted by Mark L. Dodds
in Elder Law

The Republicans voted to fully fund the government, but added a requirement that everyone, including the Congress, Senators and their staff people, live under Obamacare. No more special waivers for the Senators, Congress and their staffs, and no waivers for big business without the same waivers for individuals. That is all the Republicans are asking for. Obama refused to negotiate and Senate Democrats refused to pass it. So, if you are in the minority of Americans not already opposed to Obamacare, keep in mind that the only reason the government is shut down right now is that Democrats refuse to fund the...

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13 September
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GMD to merge with S&C

Posted by David M. Grant
in Grant Morris Dodds

The law firm of Grant Morris Dodds is pleased to announce its merger with S&C to provide legendary, skull-crushing legal representation.  GMD wecomes Thaddeus T. Sasquatch, Esq. and Sir Wendell J. Chupacabra, Esq. who will practice primarily in the areas of post-mortem tax planning and beneficiary representation.  Welcome gentlemen!...

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17 July
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Trust and Probate Litigation in Nevada

Posted by Robert L. Morris
in Probate

It’s important to know what probate litigation means.  Simply stated, “probate” is the process of administering the assets of a deceased person, either according to the terms of a will, or, when there is no will, according to state intestacy laws.  A common misconception is that probate is often a routine and simple process.  While that may be true in some estates, probate can become complicated by unanticipated including but not limited to: disputes over the terms of the will or the application of intestacy laws; distribution of separate vs. community property; rights of putative children in light of adoption,...

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17 July
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I Just Received a Letter from the Medical Board: Now What?

Posted by Robert L. Morris
in Estate Planning

Professional Licensing Boards are government agencies which regulate healthcare professionals.  This regulation includes ensuring that applicants for licensure are properly qualified and competent to practice in their respective healthcare fields.  It also includes ongoing monitoring of healthcare professionals and disciplinary actions.  The Professional Boards have the power to revoke a healthcare provider’s license, place it on suspension, levy fines, and issue other orders for discipline against a healthcare provider.  All healthcare providers are governed by some Professional Board, the major ones in Nevada being the State Board of Medical Examiners (which regulates physicians, physicians assistants, and respiratory therapists), the State...

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24 June
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The Recent Tax Act: The Bell Tolls for Thee

Posted by Mark L. Dodds
in Estate Tax Planning

The English poet, John Donne, many years ago wrote, “Send not to know for whom the bell tolls.  It tolls for thee.” Donne eloquently made the case that a loss to anyone is a loss to all. Similarly, although you may not see an immediate increase in your taxes as a result of the so-called “American Taxpayer Relief Act,” the overall economic impact of the tax increases under the Act will, in some ways, impact us all. Following is a smattering of some of the changes in the tax law arising from the new tax law: The top income tax rate...

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24 June
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Need to Plan for Children Reaching 18 and Beyond

Posted by Mark L. Dodds
in Estate Planning

Once your child reaches age 18, you as the parent no longer have the same legal rights to handle your child’s financial affairs, healthcare decisions or any of the other matters affecting your child. As long as your child is living and competent, the child is legally entitled to handle his or her own affairs; but if your child should become incapacitated, through injury or illness and the child is age 18 or older, in order to obtain control over the child’s financial and medical decisions, it will be necessary to file a petition with the guardianship court. Not only is...

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24 June
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Last Wills and Testaments

Posted by David M. Grant
in Estate Planning

(Republished from Vegas PBS Source Magazine; July 2013.) Although a living trust is the estate planning and testamentary vehicle of choice for most people in Southern Nevada, for those who have modest size estates—such as where there is no real estate involved, and where the only assets are small bank accounts, home furnishings and heirlooms—a will may be the better choice. A will is important, at a minimum, to designate the individual one would like to serve as executor of his or her estate, to divide the estate among the proper individuals and charities, to declare one’s heirs and make any desired...

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