When people think of estate planning, they often think of it in the context of what happens to their estate after they die. While that is a crucial part to estate planning, it is not the only consideration. Estate planning can also include planning while you are...
Own a family business? Make succession planning a priority
If you are a business owner, your business is part of who you are. You have worked tirelessly to make it successful. You likely rely on your business for your support and the support of your family. But what happens to your business when you are gone or if you want to...
Should I Have a Will?
In speaking with clients and potential clients, we are often asked “Do I need a will?” or “Why do I need a will?” These simple questions deserve an honest answer. Regardless of your age, financial status, family situation, and health, executing a valid will can only...
What happens to your property when you die without a will?
Regardless of what property you own, you likely acquired that property through working hard and devoted a significant amount of your time and energy. While it is true you cannot take your property with you when you die, it does need to go to someone. Understanding...
Will estate tax exemptions change in 2021?
Taxation is always an important political topic, especially when there is a change in the Presidency. Regardless of how closely you follow politics, it is important to consider how a Presidency change could impact your personal life and your financial situation,...
Understanding living wills and living trusts
If you are starting to learn about different estate planning tools, you may find it confusing to distinguish between a living trust and living will. Each serve an important purpose in an estate plan, but they have distinct purposes, so it is important to understand...
Estate Planning as a New Parent
If you have recently become a parent, it is likely that you have experienced a shift in your priorities. You probably now see the world with a new perspective, and you want to do whatever you can to make sure that your child is always safe and protected.If you have...
Remember to Review your Estate Plan
Every adult needs an estate plan that outlines their wishes for what will happen after they pass away, as well as plans for their care if they become incapacitated. The thing that many adults do not realize is that they should review the plan periodically after they...
Attorney Gregory Morris selected for inclusion in Nevada Super Lawyers 2020
We are pleased to announce that Gregory Morris was selected for inclusion in Nevada's 2020 list of Super Lawyers. This is Mr. Morris's fifth consecutive year being recognized for his work in estate planning and probate.Only 5 percent of Nevada attorneys are selected...
Benefiting Your Children Through Estate Planning
Your estate plan is the guide that your loved ones will follow when you pass away. While many adults have created an estate plan, many have not. It is prudent, especially if you have young children, to create an estate plan to ensure they are taken care of in the...