FAQ
FAQ
Frequently
Asked
Questions
Estate Planning
What is estate planning and do I really need it?
Estate planning is the process of arranging for the management and transfer of your assets during your life and after death. Yes, everyone needs it—without a plan, the state decides who gets your assets, who cares for your children, and your family may face costly probate.
What's the difference between a will and a trust?
A will takes effect after death and goes through probate court. A trust takes effect immediately, avoids probate, keeps your affairs private, and gives you more control over how and when beneficiaries receive assets.
Q : How often should I update my estate plan?
Review your plan every 3-5 years or after major life events: marriage, divorce, birth of a child, significant asset changes, or moving to a new state.
What happens if I die without an estate plan?
Nevada's intestacy laws will determine who inherits your assets—which may not match your wishes. Your estate will go through probate, costing time and money, and a court will decide who cares for your minor children.
What is estate planning and do I really need it?
Estate planning is the process of arranging for the management and transfer of your assets during your life and after death. Yes, everyone needs it—without a plan, the state decides who gets your assets, who cares for your children, and your family may face costly probate.
What's the difference between a will and a trust?
A will takes effect after death and goes through probate court. A trust takes effect immediately, avoids probate, keeps your affairs private, and gives you more control over how and when beneficiaries receive assets.
Q : How often should I update my estate plan?
Review your plan every 3-5 years or after major life events: marriage, divorce, birth of a child, significant asset changes, or moving to a new state.
What happens if I die without an estate plan?
Nevada's intestacy laws will determine who inherits your assets—which may not match your wishes. Your estate will go through probate, costing time and money, and a court will decide who cares for your minor children.
What is estate planning and do I really need it?
Estate planning is the process of arranging for the management and transfer of your assets during your life and after death. Yes, everyone needs it—without a plan, the state decides who gets your assets, who cares for your children, and your family may face costly probate.
What's the difference between a will and a trust?
A will takes effect after death and goes through probate court. A trust takes effect immediately, avoids probate, keeps your affairs private, and gives you more control over how and when beneficiaries receive assets.
Q : How often should I update my estate plan?
Review your plan every 3-5 years or after major life events: marriage, divorce, birth of a child, significant asset changes, or moving to a new state.
What happens if I die without an estate plan?
Nevada's intestacy laws will determine who inherits your assets—which may not match your wishes. Your estate will go through probate, costing time and money, and a court will decide who cares for your minor children.
Asset Protection
What is asset protection?
Asset protection involves legal strategies to shield your wealth from potential creditors, lawsuits, and judgments. It's about planning ahead—before problems arise—to keep your hard-earned assets safe.
Why is Nevada a good state for asset protection?
Nevada offers some of the strongest asset protection laws in the country: no state income tax, powerful trust protections, strong LLC charging order protection, and privacy-friendly business laws.
Is asset protection legal?
Absolutely. Asset protection is legal when done properly and proactively. The key is planning before any claims arise—transferring assets after a lawsuit is filed can be considered fraudulent.
What is asset protection?
Asset protection involves legal strategies to shield your wealth from potential creditors, lawsuits, and judgments. It's about planning ahead—before problems arise—to keep your hard-earned assets safe.
Why is Nevada a good state for asset protection?
Nevada offers some of the strongest asset protection laws in the country: no state income tax, powerful trust protections, strong LLC charging order protection, and privacy-friendly business laws.
Is asset protection legal?
Absolutely. Asset protection is legal when done properly and proactively. The key is planning before any claims arise—transferring assets after a lawsuit is filed can be considered fraudulent.
What is asset protection?
Asset protection involves legal strategies to shield your wealth from potential creditors, lawsuits, and judgments. It's about planning ahead—before problems arise—to keep your hard-earned assets safe.
Why is Nevada a good state for asset protection?
Nevada offers some of the strongest asset protection laws in the country: no state income tax, powerful trust protections, strong LLC charging order protection, and privacy-friendly business laws.
Is asset protection legal?
Absolutely. Asset protection is legal when done properly and proactively. The key is planning before any claims arise—transferring assets after a lawsuit is filed can be considered fraudulent.
BUSINESS & LLC
Why should I form an LLC?
An LLC separates your personal assets from your business. If your business is sued, your home, savings, and personal property are generally protected. It also offers tax flexibility and credibility.
Should I form my LLC in Nevada or my home state?
It depends. Nevada offers strong protections and no state income tax, but if you operate solely in another state, you may need to register there anyway. We'll help you determine the best strategy.
What's the difference between an LLC and a corporation?
LLCs offer more flexibility, simpler management, and pass-through taxation. Corporations have more formalities but may be better for raising investment capital. We'll recommend the right structure for your goals.
Why should I form an LLC?
An LLC separates your personal assets from your business. If your business is sued, your home, savings, and personal property are generally protected. It also offers tax flexibility and credibility.
Should I form my LLC in Nevada or my home state?
It depends. Nevada offers strong protections and no state income tax, but if you operate solely in another state, you may need to register there anyway. We'll help you determine the best strategy.
What's the difference between an LLC and a corporation?
LLCs offer more flexibility, simpler management, and pass-through taxation. Corporations have more formalities but may be better for raising investment capital. We'll recommend the right structure for your goals.
Why should I form an LLC?
An LLC separates your personal assets from your business. If your business is sued, your home, savings, and personal property are generally protected. It also offers tax flexibility and credibility.
Should I form my LLC in Nevada or my home state?
It depends. Nevada offers strong protections and no state income tax, but if you operate solely in another state, you may need to register there anyway. We'll help you determine the best strategy.
What's the difference between an LLC and a corporation?
LLCs offer more flexibility, simpler management, and pass-through taxation. Corporations have more formalities but may be better for raising investment capital. We'll recommend the right structure for your goals.
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Protect What Matters Most.
SCHEDULE A CONSULTATION
Protect What Matters Most.
SCHEDULE A CONSULTATION