Along with all of the other uncertainties going forward is whether or not the repeal of the gift tax will also happen. President-elect Trump has proposed, along with the repeal of the estate tax, the elimination of the gift tax.…
This past July, 2016, the Nevada Supreme Court issued a ruling that greatly affected non-compete agreements in the state. In Golden Rd. Motor Inn, Inc. v. Islam, the Nevada Supreme Court found that non-compete agreements may not “extend further than…
Along with Donald Trump’s surprise victory, even for many of those who voted for him, comes a great deal of speculation over the various policies that President-Elect Trump proposed during his campaign. Among the things that he proposed were wide-ranging…
The term “Dynasty Trust” refers to an irrevocable trust that lasts for multiple generations. Some people also call this a “Legacy Trust” since you are, in effect, creating a legacy to benefit your descendants for years to come. While some…
Even though trusts have become more and more common over the past couple of decades, there is still a certain mystery surrounding trusts and myths that have persisted. With this blog post, I wish to discuss and bust three such…
