Have you ever seen two businesses that are clearly unrelated but that have similar names? There are situations in which this can be completely legal and not a violation of anyone’s intellectual property rights. After all, business names often are not trademarked or...
The process of estate administration in Nevada can be relatively intense. The decedent may have named an executor in their documents, or the probate courts may need to assign a personal representative to manage the estate. That individual must then review the estate...
An executor is a person named in someone's will who -- once confirmed by the court -- oversees the distribution of their estate. There’s a lot that an executor is expected to do. If you find yourself in this position, here's where to start: Locate the deceased's last...
You must make many critical decisions when creating your estate plan. One such decision is choosing someone to carry out the wishes expressed in your documents (distribute property, pay debts, etc.). But how do you choose an executor? Start by writing down a list of...
Entering into a business partnership is like starting a professional marriage. Both parties must be aligned in vision, goals and operational ethics for their shared opportunity to have the best chances of success. Yet, even the most harmonious business relationships...
Running a company requires a lot of time, investment and effort. The last thing on your mind may be who is going to take over once you are finished. Nonetheless, you can’t run the company forever. This is where succession planning comes in. Ideally, you want the...
Conversations about important topics often get pushed aside not out of malice but because people are busy and conversing about serious matters generally takes time and a thoughtful approach. One such crucial topic is discussing life insurance with aging parents. While...
Setting up an estate plan isn't something most people look forward to doing, but it's a necessary step in ensuring your assets are distributed according to your wishes. The revocable trust is a popular tool that offers flexibility and control. It's an arrangement you...
You may hear or read unfamiliar words and phrases when you enter the realm of estate law following the death of another. Although these terms may sound similar, they typically have entirely different meanings. For example, the phrases probate administration and estate...
Probate is a crucial legal process that most individuals and families navigate following the passing of a loved one. It is designed to oversee the distribution of the deceased individual's assets, settle their outstanding financial obligations and ensure compliance...