Nevada Probate Basics

Christopher J. Phillips, Esq., explains when a probate is required in the state of Nevada.

Nevada’s Support Statute For Spouses & Minor Children

The Nevada Legislature has enacted a very powerful statute designed to provide support to surviving spouses and minor children when the gross estate is less than $100,000 (after deducting encumbrances) and avoid paying most, if not all creditors.  NRS 146.070 provides that if a person dies with a spouse and no children, leaving a gross […]

Asset Protection from Bankruptcy

As part of an asset protection plan, people may place certain assets into a single member limited liability company (LLC) with the belief that these assets are protected from individual creditors. However, in the bankruptcy context, a single member LLC will not provide any asset protection for a person from their individual creditors.  In multiple […]

Nevada Probate Basics

What would happen to your assets if you died today?  A proper estate plan can be the difference between an efficient, expeditious, and inexpensive distribution of your estate and an administration that takes years and costs tens of thousands of dollars.  In Nevada, there are several mechanisms that can be implemented to avoid the expense […]

Black & LoBello’s Quarterly Newsletter: You Have Been Served! 2.4.2010

This edition of You Have Been Served! 2.4.2010 focuses on estate planning, probate, and asset protection services offered by Black & LoBello.  We have acquired some of the finest legal minds in these areas.  Schedule an appointment with us today to make sure your assets and your loved one’s are properly planned for and protected.

Reasons for Initiating Probate

The probate process begins after a family member dies and someone, either the executor of the will or a family member, initiates proceedings in probate court.  There are certain reasons why an estate would need to be probated.  First, property that is owned solely in an individual’s name must always be probated.   This applies even […]