Upon establishing a valid Domestic Partnership, domestic partners have the same rights, protections, and benefits granted to married spouses. Domestic partners are also subject to the same responsibilities, obligations, and duties under law as imposed upon married spouses. These rights and obligations include, but are not limited to, child support, alimony, community property rights, mutual responsibility for debts to third parties, etc. Deciding whether a couple should register as a Domestic Partnership is a very intimate and personal decision that should not be made without understanding the legal ramifications of doing so. The Law Firm of JEFFREY BURR recommends consulting with a family law attorney who is experienced in dealing with the LGBTQIA+ community.
Guardianship
When you take the time to set up a revocable living trust, you will retain complete control of your assets until your death or incapacity. If you reach a point where you are no longer able to take care of yourself, your successor trustee can step in and care for you and act on your behalf, often eliminating the need for guardianship proceedings.
Spousal Support
An individual may only claim one residence as his or her Homestead, and the Homestead Declaration may be filed at any time before a sheriff's sale. The Homestead exemption does not exceed $605,000.00, even if both spouses are owners of the residence, and both file a Homestead Declaration. The Homestead exemption remains in effect if the property is conveyed into a revocable trust for the benefit of the person or persons who filed the Homestead Declaration. The Homestead exemption does not protect home equity from child support or alimony obligations, taxes, IRS liens, repayment of benefits, and mechanic's liens and debts secured by a mortgage or deed of trust on the home.
When it comes to business planning, you need to make sure your future is protected. From business formation to succession planning, you want to come up with the right plan to manage your business. At the Las Vegas Law Firm of JEFFREY BURR, we offer counsel in a variety of business planning areas in order to help you overcome today's challenges while meeting your future goals.
Business Disputes
John is an accomplished attorney with over thirty years of extensive estate planning and business law experience including estate and trust litigation and has received the highest Martindale-Hubbell rating of AV Preeminent by his peers. John has represented numerous individual and corporate fiduciaries, beneficiaries, and litigants throughout his professional career. John is a frequent speaker on estate planning and estate/trust litigation to professional associations and institutions and has testified as an expert witness.
Business Transactions
Once you have chosen your business entity, you should carefully maintain it and operate it to protect your interests in all business transactions. We will be there to protect your best interests by helping you enter into buy-sell agreements and other vital agreements. If a dispute should arise, we can help you reach a resolution that meets your long-term goals.
Limited Liability Companies
Some such asset protection strategies include revocable trusts, irrevocable trusts, gifts, homestead exemptions, family limited partnerships, limited liability companies, offshore trusts, and Nevada On-Shore Trusts.
The ultimate goal of estate planning is to protect and preserve your assets. A comprehensive estate plan should meet your needs during your lifetime while facilitating a smooth transition to your heirs after your passing. One of the most important elements of an estate plan is a strategy designed to minimize potential tax consequences. At the Law Firm of JEFFREY BURR, our estate planning attorneys are either CPAs or hold an advanced degree in business or taxation. We will make sure your estate plan addresses tax concerns in the most efficient and effective way possible.
Wills
During this step, the Personal Representative files the Last Will & Testament with the court and asks that it be formally accepted by the court as the Last Will & Testament of the Decedent.
Trusts
When you set up a revocable living trust as part of your estate plan, your wishes will be honored and your family can avoid probate. At the Las Vegas Law Firm of JEFFREY BURR, we will help you develop an estate plan that will provide for administration and distribution of your assets through a revocable living trust. When the time comes, we will also be ready to help your family through the trust administration process.
Power of Attorney
Coming up with the right integrated estate plan is the best way to build, protect and preserve your legacy. By using Wills, trusts, and powers of attorney, you can come up with a plan tailored to your needs. At the Las Vegas Law Firm of JEFFREY BURR, we are available to help you understand all of your legal options while guiding you through the entire process. For 40 years, our legal team has offered customized solutions to individuals and families throughout Las Vegas. We will apply our years of experience and legal skills to help protect your family and your assets.
Probate
Losing a loved one is difficult, and the probate process can be confusing. Probate is the first step in the legal process of administering the estate of a deceased person, resolving all claims and distributing the deceased person’s property to the beneficiaries. At the Law Firm of JEFFREY BURR, our firm’s experienced probate attorneys have been guiding families through the difficult probate process for 40 years. Our experience and knowledge of Nevada probate law allow us to effectively guide you through probate administration without unnecessary delay or expense. Whether you live in Nevada or out of state, our compassionate and highly experienced probate attorneys can guide you through the probate process.
Taxpayers unable to resolve their tax matters with IRS auditors have the option to litigate their case in a number of federal courts, each with different requirements and attributes. The available forums are the United States Tax Court, the United States District Courts, the United States Bankruptcy Court and the United States Court of Claims. Individual taxpayers rarely use the United States Court of Claims.