What is an Estate?
What is an Estate and why do I need Estate Planning? An Estate is comprised of both Real and/or Personal property. Real Property is generally defined as something that is fixed permanently to one location, including land and anything that is built on the land. Personal Property tends to include possessions of most any kind […]
June 4, 2021
What is Probate?
What is Probate? Probate is the court process of transferring a descendant assets to their heirs, such as changing the name on the title of a house. When someone passes away, if they don’t have an Estate Plan (an order delegating who would to take possession of the decedent’s estate), a Probate case will need […]
May 28, 2021
What Happens if I Inherit an NFA Firearm?
One question many NFA firearm owners do not think about is whether or not they need to place their guns into their trust. Firearms are a form of personal property and all personal property must appear in the inventory of the estate. In Nevada, firearms are not required to be registered. It is even legal […]
May 21, 2021
The Importance of Pre-Nups for Estate Planning and Real Estate Purposes
Although we are not Family Law Attorneys, we would like to discuss Pre-Nups. Prenuptual Agreements always come into play in every area of law, and today we will discuss in particular how they relate to Real Estate Law and Estate Planning. Around the Gavel by Morris Law Center · Importance of Pre-Nups for Estate Planning and […]
May 14, 2021
Affidavit of Entitlement
What is an Affidavit of Entitlement? Today we are discussing small estates under $25,000.00, meaning that a person that passed away has an estate valued at no more than $25,000.00, and what to do in this case. When this is the case, it is likely that you do not need an attorney to claim the […]
May 7, 2021
Layering Liability through Trusts and LLCs
Layering Liability through Trusts and LLCs Around the Gavel by Morris Law Center · Layering Liability through Trusts and LLCs | Around the Gavel Episode 66 When you get your Estate Plan done, many times, there’s an asset protection aspect to it. Not only do you want to pass down your assets to your heirs, […]
April 30, 2021
The Impact of Planned Giving
The Impact of Planned Giving Many of our clients here at Morris Law Center view creating their estate plans as more than just “getting their affairs in order.” They see this as an opportunity to control their legacy even after their deaths. Leaving charitable bequests allows a person to communicate his or her values and […]
April 23, 2021
What to do with Rental Properties if you have an Estate Plan
Today we are going to discuss the asset protection aspect of Estate Planning, specifically what to do with your rental properties. The first thing we suggest is DO NOT put rental properties in a living trust. Those properties would then be owned by the living trust, and a living trust does not provide you with […]
April 16, 2021
Taking Pictures of Car Accidents
There are certain things you need to remember to do and not do when Taking Pictures of Car Accidents: First, if anybody’s been injured, There are certain things you need to remember to do and not do when Taking Pictures of Car Accidents: You want to call emergency services. Your health is the number one […]
April 9, 2021
Top 4 Reasons to Update your Estate Plan
These are the Top 4 reasons that you need to update your Estate Plan: 1. If you just got married, that is a perfect time to update your Estate Plan. You now have another person in your life that you may want to include or exclude in your Estate Plan. 2. If you just got […]
April 9, 2021