Anderson, Dorn & Rader Blog

December 4, 2014
Terms to Include in a Pet Protection Agreement Form

A pet protection agreement is a document that allows you to decide ahead of time who will take care of your pets and exactly how they will be cared for. […]

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December 4, 2014
How Does an IRA Work?

If you haven’t started considering your retirement plan yet, it is not too late to start.  Though Social Security provides some retirement income, most of us are hoping for a […]

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November 26, 2014
Gay Couples Making Medical Decisions in Nevada

Most married couples in our country take for granted their assumed right to visit their spouses in the hospital and to make medical decisions for their spouses, when necessary.  The […]

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November 19, 2014
Power of Attorney Mistakes to Avoid

A power of attorney is an essential component of every comprehensive estate plan.  This valuable tool can provide specific instructions for what should be done in the event you become […]

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November 14, 2014
Benefits of a Corporate Trustee

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 […]

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November 13, 2014
Do I Need More than a Will?

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 […]

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November 6, 2014
Advantages and Disadvantages of Joint Tenancy

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 […]

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October 29, 2014
Choosing the Successor Trustee of Revocable Trust

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 […]

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October 22, 2014
Per Stirpes and Per Capita Distribution of Assets

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 […]

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October 6, 2014
Free Report: Guardianships in Nevada

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 […]

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October 1, 2014
How to Deal with the Failure to Honor Power of Attorney

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 […]

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September 18, 2014
Who Should be the Successor Trustee of a Family Trust?

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 […]

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September 10, 2014
How Important is Estate Liquidity?

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 […]

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September 3, 2014
Should I Amend my Trust If I Buy or Sell Assets?

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 […]

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August 28, 2014
What is a Self-Proving Will in Reno?

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 […]

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August 20, 2014
What is the Generation Skipping Tax in Reno?

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 […]

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August 13, 2014
Can Agents Make Gifts Under a Power of Attorney?

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 […]

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July 30, 2014
Funding a Trust: The Three Basic Methods

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 […]

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