Anderson, Dorn & Rader Blog

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During 2010 the estate tax was temporarily repealed.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 […]

Wealth preservation involves the deployment of estate tax strategies. To determine whether or not your wealth is potentially subject to the estate tax before it is passed on to your […]

An estate consists of the assets you own at any given time. It is your estate that you will leave behind after you pass away. Estate planning is the process […]