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Estate Planning
COVID-19 and durable healthcare documents
The COVID-19 pandemic has caused people throughout Nevada and the entire country to reevaluate many aspects of their daily lives. One of those aspects concerns evaluating our mortality and what can happen if we suddenly become seriously ill. It can be both challenging...
Is tax time a good time to review your estate plan?
No matter what climate you live in, spring seems to be a good time to start a project – spring cleaning, restart failed or delayed New Year’s resolution, organize your stuff. Spring brings a time to review the past and prepare for the future. In addition to tax time...
Do you have a succession plan for your business?
Building a business is a lot of work. You spend most of your day making sure your company is running successfully, so it is easy to forget the long-term goals for your business. Included in those long-term goals is ensuring the creation of a positive legacy for your...
Protecting your assets from taxes and nursing home costs
As people approach retirement, paying unnecessary taxes and the high cost of long-term care are two of the chief financial concerns they face. However, there are ways to protect themselves from those costs using financial, tax and legal planning. The average monthly...
How important is a healthcare directive?
Creating an estate plan in Nevada is about more than protecting your assets. It is also about protecting your healthcare wishes. One aspect of an estate plan that many people overlook is a healthcare directive, and MAC explains why it is so important. If there is a...
How can I reduce probate costs for loved ones?
Probate is the process that legally distributes your property after death. If you created a will, the court checks its legality and permits the executor of your estate to divide your possessions. The probate process can be complicated or straightforward. It depends on...