What is Probate?
We have all heard the word, but what does it mean? Probate is a civil department of the state district court. Nevada has 11 judicial districts, and each has a probate department. When someone dies, whether with or without a will, their estate must go through probate court. The reason for probate court is to […]
Howlett Joins Black & Wadhams in Las Vegas Office
Black & Wadhams Attorneys at Law, a statewide law firm with unparalleled experience in establishing, protecting and defending businesses doing business in Nevada, is pleased to announce the addition of Stacy Howlett to the firm in the Las Vegas office. Howlett was born and raised in Las Vegas and is licensed to practice law in Nevada […]
Do I need a Power of Attorney if I have a Revocable Trust?
A Revocable Trust is a legal instrument commonly used for Estate Planning purposes. For instance, if properly executed, a Revocable Trust may prevent your heirs from enduring a lingering probate process. It may also allow your Successor Trustee to step in and handle your financial affairs in the event that you become incapacitated and are […]
Villanueva Joins Black & Wadhams in New Reno Office
Black & Wadhams Attorneys at Law, a statewide law firm with unparalleled experience in establishing, protecting and defending businesses doing business in Nevada, is pleased to announce the addition of Silvia Villanueva Esq. to the firm. Villanueva has joined the team in the new Reno office located at 50 West Liberty Street, and she specializes […]
A How-To on Estate Planning
Estate planning can seem like a daunting task, but here are 5 key steps you can take to get yourself started. Take inventory of your belongings: both tangible and intangible objects – tangible objects include your home(s), car(s), jewelry and clothing, art, etc. – intangible objects include retirement plans, stock, savings and checking accounts, etc. […]
Celebrity Conservatorships: Britney Spears
[vc_row content_placement=”middle”][vc_column offset=”vc_col-md-11 vc_col-xs-12″][vc_column_text] Britney Spears is no stranger to tabloids, but recently, the headlines about Britney have not been about her music and success; rather, the focus has been on her high-profile and seemingly controversial conservatorship. In 2008, Britney involuntarily entered a conservatorship. After an unfortunate and very public “meltdown” in 2008, following years […]
Pandemic Estate Planning
[vc_row content_placement=”middle”][vc_column offset=”vc_col-md-11 vc_col-xs-12″][vc_column_text] COVID-19 has created an environment of uncertainty, and we have just passed the one- year anniversary of our lives now involving various forms of lockdowns, restrictions, and mandates. This pandemic, which seemingly came out of nowhere and resulted in severe and immediate consequences in many cases, has made us all more […]
Chapter 7 Bankruptcy – A Quick Review
[vc_row content_placement=”middle”][vc_column offset=”vc_col-md-11 vc_col-xs-12″][vc_column_text] What is Chapter 7 Bankruptcy? Chapter 7 is the most common form of bankruptcy, where debtors can discharge almost all their debt while protecting important assets. Chapter 7 can only be used if your income is below a certain threshold, or, if pass the “means test.” Eligibility is calculated on your […]
Protect Your Pets After Your Gone, with a Pet Trusts
[vc_row content_placement=”middle”][vc_column offset=”vc_col-md-11 vc_col-xs-12″][vc_column_text]A pet trust is an option for pet owners who desire to provide for their pets after the owner passes away. It is a legal arrangement creating a legal obligation for a ‘care taker’ of the owner’s choosing, to provide care for their pet. The trust language also holds the caretaker accountable […]
DIY Estate Plan, Is It Really the Way to Go?
[vc_row content_placement=”middle”][vc_column offset=”vc_col-md-11 vc_col-xs-12″][vc_column_text]There are many people who don’t consult with an estate planning attorney because they don’t want to spend the money. The truth is, they may choose to spend a few dollars now, without realizing they may be creating an expensive and frustrating mess for their heirs. Before pursuing a DIY estate plan, […]