Prepare for a Tsunami of Bankruptcy
Regarding bankruptcy being similar to a tsunami, I see this as a highly accurate analogy, as will be discussed below. What do people need to know? Historically, our most recent economic downturn is the financial crisis of 2007-2009. The bankruptcy numbers that follow that crisis can be informative of what to expect here. Previously, bankruptcy […]September 18, 2020
Probate – A Cautionary Tale
Today I want to provide you with a cautionary tale; the moral of the story being in order to avoid probate, you need to have an estate plan in place. If you want your heirs to avoid having to go to court and spend money from the estate, time and expense, then you need to […]September 10, 2020
Pros and Cons of Wills
Today I want to talk about the pros and cons of having a will. This topic has come up a lot lately with COVID as many people are starting to get concerned about having their estate plan in order, which honestly is a good thing. It doesn’t matter what’s going on in the world, you […]September 4, 2020
Testamentary Trusts – The Pros and Cons
What is a testamentary trust and what are the pros and cons of having a testamentary trust? A testamentary trust is a trust that is created within a will. So you may recall that one of the most basic estate plans that you can have is a will that does not avoid your family from […]August 28, 2020
What is the Streisand Effect?
In its simplest terms, the Streisand Effect is the belief that in the modern era efforts to suppress information can sometimes have the opposite effect and draw more attention to the information. This possibility now has several well documented examples of how it works and has become so well known that multiple courts have discussed […]August 27, 2020
Does an Interpreter Cause Waiver of Privilege?
Generally, attorney client privilege is not waived where the third party consultant serves as a “translator” or “interpreter” of the client’s communication with counsel. United States v. Kovel, 296 F. 2d 918 (2 nd Cir. 1961). The court reasoned that the otherwise privileged information does not lose its privileged status because “it is shared in […]August 19, 2020
What Are The Top Three Mistakes People Make When Forming an LLC in Nevada?
What are the top three mistakes people make when forming an LLC in Nevada? One. Making it member managed. We see this all the time. If you want to hide ownership, which is one of the benefits of having an LLC, then you do not make it member managed because then it literally shows the […]August 14, 2020
Can You Invite Potential Customers to Compare Your Product to Another Product Using a Trademarked Name?
By Timothy A. Wiseman Trademark law is designed to serve multiple purposes. Trademark law is intended both to protect consumers from potential confusion and to protect the reputations of producers of goods who invest in creating, advertising, and protecting a trademark. See Qualitex Co. v. Jacobson Prods. Co., 514 U.S. 159, 163-64, 115 S. Ct. […]August 12, 2020
It is Sarah Morris’ pleasure and honor to join the Global Advisory Board for Education for Sharing (E4S), an international, non-profit organization with the mission of forming better global citizens from childhood through the power of play. E4S empowers teachers, parents and students from a variety of schools settings to foster awareness about the UN’s Sustainable Development Goals, civic […]August 10, 2020
How much time do you have to file a civil appeal in Nevada?
By Timothy Wiseman When considering an appeal from a court’s decision in a civil lawsuit it is important to decide promptly because there is a limited time to file an appeal. How much time you have to appeal a decision is normally set by court rules and varies by which court you are appealing from. […]August 3, 2020