Anderson, Dorn & Rader Blog

Possibly one of the most important decisions you make concerning your trust is who will serve as your trustee.  The trustee has a duty to comply with the terms of your trust.  These duties include distributions […]

The purpose of estate planning is to prepare yourself and your family for not only your death, but also the possibility of your incapacity.  Planning for both possibilities involves creating […]

In addition to simply owning property in only your name, there are different types of joint ownership, as well.  In Nevada, there are three recognized types of joint ownership of […]

When you establish a revocable living trust, you typically appoint yourself as the initial trustee; in other words, you choose yourself to manage your own assets. You also choose a […]

Statutes and legal documents often include strange language and curious terms that might not mean much to the average person. Estate planning documents and their governing laws are certainly no […]

Understanding what a guardianship is, as well as what is required to establish one, can be extremely helpful in deciding whether or not a guardianship is necessary.  Topics covered in […]

Most of us assume that everyone is required to honor a power of attorney if it is presented to them, but that is not always the case.  A power of […]

Choosing who should be the successor trustee of a family trust can be a very difficult decision.  The successor trustee will be the person who administers the trust assets after […]

One of the primary goals of estate planning is to help your loved ones after your death, both financially and emotionally. Adequate planning can help minimize the financial burden and […]

A revocable living trust can be amended whenever necessary, during your lifetime.  When clients buy a new house or car, they may ask, "should I amend my trust?"  If you […]

Wills are very common estate planning tools with great value when it comes to having the freedom of determining to whom your estate will be distributed after your death.  Without […]

Considering how to pass your wealth on to the next generation?  Then the generation skipping tax is something with which you should be familiar.  The generation skipping transfer tax is […]

A Power of Attorney is a very common estate planning tool, that can easily be customized to fit each client’s needs.  When a Power of Attorney is created, the usual […]

So, you just set up a revocable living trust.  The next step is funding your trust. How the trust is funded depends on the type of assets you want to […]

One of the most important estate planning tools in Reno, Nevada is the durable power of attorney.  This tool makes it possible for you to choose someone you trust to […]

Living Trust vs Power of Attorney?  The answer may surprise you.  In order to create a comprehensive estate plan, you actually need both.  Estate planning is much more than simply transferring […]

So, you just received a notice that you will inherit from your great aunt’s estate.  A wonderful surprise, no doubt.  Of course, an estate may be required to pay taxes […]

It is not uncommon to revise a will more than once throughout your lifetime.  Circumstances are bound to change, and so must our estate plans.  Like a will, you can […]