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Reducing the Taxable Estate in Nevada

Reducing the Taxable Estate in Nevada

By Lee Kiefer & Park, LLP

When an individual’s “estate” (i.e., the total value of all assets owned by that individual at the time of death) reaches a certain value, the individual will have to pay estate tax at the time of death. This means that the individual’s heirs will forfeit a portion of their inheritance to the estate tax…. Read More »

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Nine Financial To-Dos to Help You Stay on Track in 2024

Nine Financial To-Dos to Help You Stay on Track in 2024

By Lee Kiefer & Park, LLP

It may be hard to believe, but it’s 2024. You probably have a lot going on, so time passes quickly. You spend much more time earning money than thinking about how to make the most of it. Financial planning and making the right money decisions are an ongoing task. If you don’t take time… Read More »

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Which Documents Must You File With the State to Start a Company

Which Documents Must You File With the State to Start a Company?

By Lee Kiefer & Park, LLP

If you’re starting a company, the documents you are required to file with the Secretary of State depend on which type of entity you choose. There are many benefits to operating as a formal business entity, but this will typically require forms to be completed and filed with the Secretary of State. If the… Read More »

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The Five By Five Rule and What It Means for Trusts and Beneficiaries

The Five By Five Rule and What It Means for Trusts and Beneficiaries

By Lee Kiefer & Park, LLP

The five-by-five rule pertains to certain withdrawal rights a beneficiary may have under the terms of a trust. It is an optional provision that may be added to a trust if the person creating the trust (the settlor) desires those benefitting from the trust (the beneficiaries) to have the ability to withdraw certain amounts… Read More »

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Essential Considerations for Estate Planning

Essential Considerations for Estate Planning

By Lee Kiefer & Park, LLP

Effective estate planning requires valid and properly executed legal documents and an overall strategy to accomplish your goals. You need to determine your priorities and decide how you want your assets to be managed and distributed on your behalf during periods of incapacity and after your death. LKP is a Las Vegas, Nevada, estate… Read More »

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Can I Create My Own Trust

Can I Create My Own Trust?

By Lee Kiefer & Park, LLP

Trusts are legal arrangements that can be simple or very complex. In order to ensure your objectives are achieved and that you are not creating any problems down the road, you will want to be sure your trust is properly drafted and created. While you may save money in attempting to draft your own… Read More »

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Thy Will Be Done What Makes a Nevada Will Legal

Thy Will Be Done: What Makes a Nevada Will Legal?

By Lee Kiefer & Park, LLP

Aretha Franklin knew how to perform music, but she may not have known much about probate law. If she did, she may have formalized her estate plans instead of writing them on a piece of paper that ended up under a sofa cushion. Without a will, your property passes to your heirs (i.e., your… Read More »

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What Does My Second Marriage Mean for My Children’s Inheritance?

What Does My Second Marriage Mean for My Children’s Inheritance?

By Lee Kiefer & Park, LLP

What a second marriage means for your child’s inheritance depends on the situation. Mixed families can present some issues when it comes to estate planning. At LKP, we can help you navigate complex problems that may arise in the context of your mixed family after you pass away. LKP are experienced estate planning lawyers… Read More »

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Why Should I Change My Estate Plan

Why Should I Change My Estate Plan?

By Lee Kiefer & Park, LLP

Congratulations on doing something important that many fail to do – you met with an attorney and created an estate plan. For most people, that shouldn’t be the end of the story. There are many moving parts to a comprehensive estate plan, which plans for your assets after you pass away or during a… Read More »

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What are the Steps to Starting a Business in Nevada

What are the Steps to Starting a Business in Nevada?

By Lee Kiefer & Park, LLP

No matter where your business starts, before you open your doors you need to think, plan, and lay the groundwork. You can prevent a lot of trouble if part of your preparation includes addressing legal issues from the start and using the right type of business entity. We help Nevadans start businesses by working… Read More »

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