It’s very important to have a reputable attorney for your probate needs. This article is an example of a possible worst-case scenario. Whether or not the allegations are true will remain to be seen. At Grant Morris Dodds, we believe in being beyond reproach. Thousands of clients have trusted us over the years with their probate court & probate needs. > > > Read the full article
You have likely heard the term “probate” used in the context of handling a person’s affairs upon their death. Probate is indeed the administering of a decedent’s estate through a formal legal process usually under the jurisdiction of a specific court. For example, in Nevada that court is simply called probate court.
Here are a few things you may want to know about the probate process:
1. > > > Read the full article
There is a lot of confusion out there, even among many of our most astute clients, concerning estate tax rates, estate tax exemptions, annual gift exemptions and lifetime exemptions. So to begin, here are the exemptions for 2016, and where applicable for 2017.
Annual gift exemptions
Annual gift exemption remains at $14,000. This means that you may give to any number of different people up to $14,000 per year without any need to report the gift, unless you make other gifts which cause you to exceed this limit. > > > Read the full article
What Is A Living Will?
A living will (sometimes called an Advanced Directive, Healthcare Directive, Directive to Physicians, or DNR Order) is a legal document that any person with capacity can execute to inform physicians, first responders, or even family members of their wishes and preferences as relating to emergency or end-of-life medical care in the event that person is not able to make or communicate those wishes. > > > Read the full article
A gold rush motivated multitudes to migrate through Nevada on their way to California in the mid-1800’s and inspired the state’s nickname—the Golden State. Today, a reverse relocation of sorts is happening as people trade in the Golden for the Silver State. While its crowded roadways and bulging urban areas may partially explain this inverse exodus, California’s increased tax rates1 are surely a major factor in some residents’ decisions to leave the temperate coastal climes for a new life in the desert. > > > Read the full article
Back in the heyday of estate planning when just about everyone who died owning a home and an IRA would have an estate subject to this tax, the choice between paying estate tax versus paying capital gain tax was an easy one to make. Up until the last few years, the highest estate tax bracket was 55% and the top long-term capital gain tax bracket was only 15%. > > > Read the full article
> > > Read the full article
The pain you feel at the loss of a loved one is often compounded if your loved one died without a will. During a time when you should be able to grieve, the uncertainty created by the lack of a will can cause real problems that you cannot handle on your own. Some of those are very urgent and can compound and create further complications if you make the wrong choice. > > > Read the full article
We will all die one day—unless you know something we don’t. We recently came across an article written by Bronnie Ware, a home hospice nurse. After years of working with those who are literally laying in their deathbeds, she recorded the top five most common final regrets.
They are as follows:
1. I wish I’d had the courage to live a life true to myself, not the life others expected of me. > > > Read the full article
Estate Planning Attorney David Grant was recently featured in the February 3, 2014 issue of VegasInc Magazine as one of the “notable faces in Southern Nevada’s financial community.”
You can read the full article here http://www.vegasinc.com/business/2014/feb/03/get-financial-adviser-avoid-small-business-headach/.
Congratulations David! > > > Read the full article