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E14: Estate Planning and Asset Protection for Las Vegas Business Owners
In episode 14 local Las Vegas attorney, David Grant shares with us the key ideas we need to know as business owners about current estate laws and how important trusts are for not only estate planning, but also for asset protection.
We talked in detail why even though with the new $5,000,000 plus estate tax exemption you might not need a trust to save estate taxes, it is still critical to have a living trust to help avoid probate and lawsuits that may be brought by your beneficiaries. We also talked about how a trust can help make sure your wishes are carried out for any children you may have and how they get access to the financial resources you leave them.
We concluded the podcast by talking about how you can use an Irrevocable Nevada trust to help you protect your assets if you ended up being subject to a lawsuit. In this podcast, David shares with us some key details on this topic you will not want to miss.
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