Anderson, Dorn & Rader Blog

Dying “intestate” simply means you did not have a will.  Each state has its own “intestate succession” laws.  Nevada is no exception.  How your property is distributed upon your death, […]

If you have ever cared for a disabled individual, you are aware of all that is required to maintain proper care for them, including not only medical needs, but personal […]

Some individuals add their children or other relatives to the title on property they own in an attempt to avoid probate.  Although this can avoid probate, it can also create […]

A power of attorney(POA) is a legal document that gives someone you have chosen the authority to act on your behalf.  In Reno, Nevada, the person who creates the power […]

How and when a power of attorney becomes effective depends on the type of power attorney that has been executed.  A power of attorney provides someone who has been designated […]

When you pass away, your estate must be administered, regardless of whether you have a will or not.  The person or company who is responsible for managing the administration of your […]

There are different types of powers of attorney.  They each have their own purpose and transfer varying levels of authority to the agent.  A “durable” power of attorney stays in […]

A very common question asked by estate planning clients is “what happens to my property if I am single when I die?  The answer to this question generally depends on […]

You have to be concerned about taxation when you are planning your estate. Taxes on asset transfers at death are going to be a factor for many high net worth […]

It can be intimidating to consider the possibility of relinquishing control over your property. People sometimes assume that you do surrender control of assets when you create a trust. In […]

November 11 is Veterans Day, and people around the country are taking some time to remember the contributions that have been made by former service members.  In this post we […]

During 2010 the estate tax was temporarily repealed. This repeal was in place due to provisions that were included in the Bush era tax cuts. Under the laws as they […]

Many people who are not wealthy assume that trusts are only useful for high net worth individuals. They are under the impression that last wills are for "the rest of […]

Most people know they should avoid probate, but may be unclear why or how to do so.  One reason to avoid probate is that it can be time-consuming. The heirs […]

Probate stands in the way of your heirs and their inheritances when your assets are in your name at the time of your death. Nevada probate can take a significant […]

There are different types of wills that are used in the field of estate planning. One of them is the last will or last will and testament, which is used […]

Estate planning is important for all able, competent adults. In spite of the obvious fact that everyone is going to die someday a minority of people actually have an effective […]

35% had a last will. 29% had a living will. 77% of those over the age of 55 had at least one of these documents. 24% of those under 35 […]