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April 2013 Archives

Nevada estate planning includes the use of many available options

There are many reasons that people in Nevada enter into the estate planning process. In many cases, they turn to commonly used tools such as wills and trusts as they begin estate planning. However, one recent article notes that are additional steps to be taken to ensure that all of the wishes of an individual are expressed as to how and what they wish to have done when they die.

Florida man sentenced on data theft charge

A 39-year-old Florida man has been sentenced to four years in federal prison for theft of hospital data. The man had previously worked at an injury hotline. He was convicted of paying a husband and wife, who worked for Florida Hospital, to access patient data illegally and convey it to him. The case was rather broad in scope, with the theft of thousands of patient records occurring in a number of Florida hospitals. Those records, mainly of vehicle accident patients, were allegedly sold to the former injury hotline worker, who then used the information to solicit patients for lawyers and chiropractors that he was supposedly associated with. Some patients received referrals over the phone within a week of their hospital visit from callers with knowledge of their accidents. 

Estate planning for the digital age

Estate planning has taken an interesting turn as culture shifts towards greater digital dependency. Entire lives are documented through photos, emails, and social network sites. This brings an interesting question to light for Nevada readers in the event that one passes away and their digital property is not specifically mentioned in their estate planning. What happens to their digital lives after they are gone?

Florida man faces multiple drug charges

A 22-year-old Florida man faces multiple criminal charges related to drugs. The resident of Palm Coast, Florida, was charged with cultivation of marijuana, possession of drug paraphernalia and probation violation. The case is pending and additional criminal charges are possible.The case developed after citizen tips prompted an investigation by the Flagler County Sheriff's Office. Officers developed evidence over a one-month-long investigation, which is also under review by criminal defense attorneys. The Flagler County Sheriff said his agency often relies on citizen communications in identifying possible drug suspects and encourages private citizens to provide information about suspicious drug or criminal activity.

Potential changes could affect estate planning tools in Nevada

As our readers who are familiar with this column know well, there are many tools available to those seeking to protect their assets from the federal estate and gift tax. Some in Nevada were particularly happy when the American Tax Relief Act was enacted early this year because it established a specific amount that is subject to federal estate tax following an individual's death. Now, the same people are concerned about potential changes to the estate planning laws regarding the taxation of trust assets.

Shooting suspect turns himself in after video surfaces

A suspect in a March 24 shooting has turned himself into police after witnesses identified him from surveillance video. The 22-year-old man is being charged with first-degree murder due to the fact that the victim succumbed to his injuries shortly after the shooting. The suspect in the case allegedly had a fight with the victim the day before the shooting took place. A witness claimed that this was the motivation for the suspect confronting the victim at a local food store. Surveillance video shows a man that witnesses identified as the suspect engaged in a conversation with the victim. The victim is then shown being shot down by the other man in the video.

Nevada trust administration: Avoid probate with a living trust

Many people in Nevada are aware that there are important reasons to enter into estate planning. These include the limitation of costs for an estate and the desire to avoid the probate process. Some may consider creating a trust that can be used both while an individual is alive and after their death. In fact, a trust administration after an individual's death can allow an estate to avoid probate all together.

Spring Hill couple faces drug charges after search

A 36-year-old man and a 27-year-old woman were arrested at their Spring Hill home after police searched the house on a warrant March 15 and allegedly found cash, a stolen handgun and drugs. The pair faces drug offenses that include marijuana possession with intent to sell and cocaine trafficking. Police seized approximately 80 grams of marijuana, less than five ounces of crack cocaine, drug-making paraphernalia and a handgun that was reportedly stolen during a Hernando County burglary in 2011. The couple has also been charged with possession of structure for drug manufacturing with minor children present. The 36-year-old man also faces charges of possession of a firearm as a convicted felon, possessing of stolen property and possession a controlled substance. He remains in jail due to a prior cocaine trafficking charge in January. The 27-year-old female was released on a bond of $85,500.

Estate planning in Nevada includes the use of diverse tools

Estate planning in Nevada is important to many people for many different reasons. The reasons that people begin the estate planning process include the need to distribute assets to their heirs at the time of their death, as well as the desire to ensure that they are cared for when they are unable to care for themselves. Each of these can be achieved through the estate planning process.

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