Blog Digest

Law Firm Located in Las Vegas, Nevada, Serving Clients Nationally
federal estate tax
Despite the various proposals to lower federal transfer tax (estate, gift and GST taxes) exemptions and increase the tax rates, none of them were enacted in 2021.
Reviewing a will
Without a valid will, a person’s estate passes to their surviving heirs under intestate succession (i.e., ‘succession without a will’).
Everyone
As a review of terms, a will is a legal document that specifies how a person’s estate should be handled only after that person’s death. A living will has nothing to do with how your “things” like property, money, jewelry, etc. are to be distributed. Unlike a will, it is, in fact, a document that comes into play while you’re still alive.
The six-year legal battle over pop superstar Prince’s estate has ended, meaning the process of distributing the artist’s wealth could begin next month.
Vacation Property
State laws generally make it so that once a married couple is divorced, ex-spouses lose all property rights.
Horror Story
With apologies to poet Robert Burns, the best-laid estate plans of women and men sometimes go awry.
Finger on the Keyboard In a Cafe
Deborah Placet had no idea how to access her husband’s cryptocurrency and other digital accounts after his unexpected death at age 52.
Money
Drug price hikes tend to happen at the start of every year, and 2022 is no exception, according to GoodRx.
Social Friends
A durable power will remain in force, if a court finds that you have become incompetent.
College Estate Planning
As a legal adult after attaining the age of 18, your child should have in place several legal documents that will allow you to provide support and obtain information, if something unexpected happens to your child.
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