Anderson, Dorn & Rader Blog

May 28, 2014
Is My Bank Required to Honor A Power of Attorney in Reno?

As many people have realized, even a properly prepared and executed power of attorney can be rejected or question by a third party, such as a bank or insurance company.  […]

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May 21, 2014
Why should I have a Family Wealth Trust?

In general, trusts are very valuable estate planning tools.  A Family Wealth Trust can be used, not only for making estate administration simple and easy, but also for safeguarding the […]

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May 14, 2014
What Is a Family Wealth Trust?

Trusts are a vital wealth planning tool, not only for asset protection, but also for safeguarding the family’s wealth, regulating access to property and assets by younger family members, and […]

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April 29, 2014
How does an agent use a power of attorney?

An agent is someone who is designated to manage the affairs of someone else.  In a power of attorney, their authority usually extends to the management of finances or health […]

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April 29, 2014
Who is competent to make a will in Nevada?

A Will is probably the most common estate planning tool.  It is also a very easy way to make sure your property is passed on to those individuals you choose, […]

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April 16, 2014
Incapacity Planning in Reno: What is the Difference Between a Guardianship and a Power of Attorney?

Both a guardianship and a power of attorney are methods of placing the control of someone’s affairs into the hands of someone else.  There are differences between the two and […]

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April 10, 2014
Probate in Reno: Is the Process Always Required?

When you die, your assets pass to your heirs by way of the probate process, regardless of whether you have a will or not.  Probate in Reno can be a […]

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April 4, 2014
What are the Disadvantages of a Power of Attorney in Reno?

A power of attorney is a legal document giving an agent the authority to act on someone else’s behalf.  In Reno, Nevada, the person creating the power of attorney is […]

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April 1, 2014
The Case of the iPhone Will

The Case of the iPhone Will In the case In re Estate of Karter Wu (Supreme Court of Queensland, Australia), Mr. Wu created and stored his Last Will and Testament […]

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March 26, 2014
What Happens to a Living Trust in Nevada When One Spouse Dies?

If you and your spouse have a living trust in Nevada and your spouse passes away, you may be at a loss as to what you need to do. The […]

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March 26, 2014
Living Wills in Nevada

A living will is an advance directive for health care, along with a health care power of attorney, should be part of any comprehensive estate plan. It is important to […]

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March 19, 2014
How is my property transferred if I die intestate?

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, […]

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March 7, 2014
What is a Supplemental Needs Trust in Reno Nevada?

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 […]

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February 19, 2014
What If I Create a Joint Tenancy With My Child?

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 […]

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February 12, 2014
Reno Power of Attorney

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 […]

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January 29, 2014
When does a power of attorney become effective?

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 […]

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January 23, 2014
What is an Executor?

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 […]

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January 18, 2014
Who Can Serve as an Agent Under a Power of Attorney in Reno Nevada?

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 […]

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