Anderson, Dorn & Rader Blog

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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January 8, 2014
Intestate Succession Laws in Reno Nevada: What Happens If I Die Single?

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 […]

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December 18, 2013
Inheritance Tax in Reno: Do I Pay Taxes When Someone Leaves Me Money?

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 […]

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December 11, 2013
Will I Still Have Control Over My Property If I Create a Trust in Reno NV?

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 […]

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November 8, 2013
Estate Planning Thoughts for Veterans Day

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 […]

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November 6, 2013
IRS Releases Amount of 2014 Estate Tax Exclusion Adjustment

During 2010 the estate tax was temporarily repealed.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

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October 30, 2013
Why Should I Have a Living Trust?

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 […]

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October 23, 2013
How Long Does the Probate Process in Reno Nevada Take?

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 […]

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October 9, 2013
Nevada Probate: Is it Possible to Avoid?

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 […]

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September 18, 2013
What Is a Living Will & Why Do You Need One?

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 […]

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September 11, 2013
What Happens If I Die in Nevada Without a Will or Trust?

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 […]

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September 10, 2013
Are you Prepared? [Infographic]

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 […]

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August 22, 2013
How Large of an Estate Can Pass Federal Estate Tax Free in Nevada?

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 […]

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August 14, 2013
What is Estate Planning.

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 […]

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August 12, 2013
Does a Revocable Living Trust Protect Assets?

Every estate plan is not designed to accomplish the same objectives.  Our clients have differing circumstances and goals, and there are a variety of different solutions to achieve a particular […]

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August 7, 2013
Estate Taxes to Erode Gandolfini Estate

The Sopranos television series obviously generated a lot of revenue, and as you might imagine "Tony Soprano" James Gandolfini left behind a considerable estate. At the time of his passing […]

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