Sean Tanko

Las Vegas Estate Planning & Probate Attorney

  • Home
  • Trusts
  • Wills
  • Probate
  • Blog
    • Articles
  • Contact Sean

May 09 2017

Important Considerations on Guardianship Law in Nevada

If you have an elderly loved one who is no longer able to care for him or herself, you may need to go through the process of appointing a legal guardian to make decisions for that person. The same is true for children whose parents are no longer able to care for them. In such cases, a guardian has the ability to make legal decisions for the child or incompetent adult. Such legal decisions include matters of schooling, health and medical care, and day-to-day life. Through guardianship, a more stable and safe environment can be established for the ward. Additionally, in Nevada, guardianship is not limited to the guardianship of persons. It may also be the case that a guardian is needed for the estate of a minor child or incompetent adult.

[Read more…]

Written by editor · Categorized: Blog

May 06 2017

Nevada Asset Protection

What You Need to Know About Nevada Asset Protection

After working your whole life to provide for your family and future, it is only prudent to want to protect your assets as much as you can. One effective option for this is an asset protection trust in Nevada. This is an instrument that allows the grantor, the person who owns the assets, to establish the trust and to have the power to decide how the trust will be set up and the assets distributed. They also become the beneficiary of the trust. [Read more…]

Written by editor · Categorized: Blog

May 03 2017

Important Considerations for Estate Planning in Las Vegas

Estate planning involves preparing for how the management and disposal of a person’s estate will be handled upon the death of that individual. Some important estate planning documents include a last will, a living will, powers of attorney, and a trust.

During the process of estate planning, you want to consider the different ways to maximize what you leave behind to your beneficiaries. In fact, you should want to minimize what is lost to taxes and court fees. One way to do this is through a trust. [Read more…]

Written by editor · Categorized: Blog

Mar 14 2017

Asset Protection and Trusts

Asset Protection

Avoiding probate, minimizing estate taxes, and ensuring a desired distribution of your estate are not the only components of estate planning with which one must be concerned. In today’s litigious environment, ever-increasing consumer debt, and aggressive collections efforts by creditors, a critical component of anyone’s estate plan is asset protection. Insulating the family’s wealth through the implementation of an appropriate asset protection strategy can protect your estate from creditor claims and expensive lawsuits. Some of the most frequently used asset protection tools are discussed below. Not all asset protection strategies will be effective in every situation. Nevada’s fraudulent conveyance statutes could apply under a particular set of circumstances, and those laws could invalidate conveyances of property which were made to hinder, delay or defraud current or future creditors.  [Read more…]

Written by editor · Categorized: Blog

Mar 07 2017

Pros and Cons of Living Trusts

Advantages of Living Trusts

Avoiding Probate

Regardless of the size of your estate, one of the primary advantages to using a Living Trust is avoiding Probate. In southern Nevada, Probate will normally cost between 5% and 8% of the gross value of your estate, taking into consideration attorney’s fees, costs, personal representative fees, and creditor claims. Additionally, Probate on average will take between four and nine months to complete, thus, freezing the assets over this period which your family may need at this most desperate time. With respect to persons who own real property in different states, they will have to endure multiple probates of that real property if they fail to implement a Living Trust. This occurs because real property can only be probated in the jurisdiction in which the land is located. By using a Living Trust, no Probate in any jurisdiction would be necessary since the property would be owned by a trustee at the time of your death, not you individually. [Read more…]

Written by editor · Categorized: Blog

  • « Previous Page
  • 1
  • …
  • 35
  • 36
  • 37
  • 38
  • 39
  • Next Page »

Call Us Today!

702-463-8700

Email Us

Use the form below to send us an email. A representative will call you back within 24 business hours.

Practice Areas

Our law firm specializes in the following:

  • Trusts and Wills
  • Estate Planning
  • Asset Protection
  • Probate
  • Trust Administration
  • Guardianship
  • Business Planning

Office Location

We'd love to meet you in person! Walk-in appointments are available. Please give us a call at 702-463-8700 to set up an appointment.

Our office is conveniently located at:

8670 W. Cheyenne Ave.
Suite 130
Las Vegas, NV 89129

We also make house calls, so we can come to you to discuss your needs.

Find Us

Facebook
Twitter

Notice to the Public: Nothing contained on this Web site or communicated through it by any means, including e-mail, by the prospective client, will create an attorney-client relationship.
Neither the State Bar of Nevada nor any agency of the State Bar has certified any lawyer as a specialist or as an expert.
Anyone considering a lawyer should independently investigate the lawyer's credentials and ability.

Copyright © 2015 - 2020 · Sean Tanko