What To Do Before You Buy a Property at a Tax or HOA Auction in Nevada?
Morris Law Center Blog
by Ocampo Wiseman Law
1w ago
Are you considering purchasing a property at a tax or HOA foreclosure auction in Nevada? Before beginning this process, be sure you are well-informed. In this blog post, Sarah Ocampo, a local Las Vegas attorney specializing in business, real estate, probate, and estate planning, will share some important points to consider. Do You Need a Preliminary Title Report? Before making any legal decisions, you should obtain a preliminary title report for the property you're interested in. This report will identify any current obligations on the property, allowing you to analyze them appropriately ..read more
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How Do You Start a Probate Process in Nevada?
Morris Law Center Blog
by Ocampo Wiseman Law
1w ago
Are you facing the complicated task of navigating the probate process following the death of a loved one? You may need help determining where to begin. In this blog post, we'll discuss the intricacies of probate and provide a detailed guide to getting started with this often perplexing and challenging legal procedure. https://www.youtube.com/watch?v=NPGhptkmaxU Probate is the court process of distributing deceased individuals' assets to their legitimate heirs. If a family member has died and their assets are inaccessible, probate court is typically the only option. So, how do you start t ..read more
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Why is Probate So Expensive in Nevada?
Morris Law Center Blog
by Ocampo Wiseman Law
1w ago
Are you facing the difficult task of navigating probate for a loved one's estate? Are you wondering, "Why is probate so expensive?" This blog post will help you comprehend this difficult and frequently misunderstood subject. https://www.youtube.com/watch?v=T5Tnc51T6Do Probate is the court process of distributing deceased individuals' assets to their legitimate heirs. Understanding probate costs is critical, and they are determined mainly by the estate's value and the specific concerns involved.  Value Determines Cost In Nevada, there are different levels of probate depending on the ..read more
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What is an LLC?
Morris Law Center Blog
by Ocampo Wiseman Law
1w ago
If you're thinking about starting a business, you've probably encountered the word "LLC" and wondered what it means. In this article, we'll explain LLCs and why they're such a popular choice among entrepreneurs. https://www.youtube.com/watch?v=i-V5Bdw0PIU What is an LLC? LLC stands for Limited Liability Company. LLCs are commercial entities established by statute in each state that provide a flexible and advantageous approach to structuring a firm. They offer their owners limited liability protection. What Are the Advantages of Forming an LLC? Many entrepreneurs prefer limited liability ..read more
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What is a series LLC?
Morris Law Center Blog
by Ocampo Wiseman Law
2w ago
Understanding the concept of a Series LLCs is critical if you are a business owner, real estate investor or want to protect your assets. In this blog post, we'll explore the concept of Series LLCs, discussing their advantages and applications. https://www.youtube.com/watch?v=8-7b5xgqqsI What is a Series LLC? A Series LLC, also known as a Series Limited Liability Company, is a corporate entity unique to Nevada. Because not all states recognize or offer Series LLCs, Nevada is an attractive option for anyone wishing to form this type of business. Key Features of a Series LLC: 1. Holding Com ..read more
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How do you contest a will in Nevada
Morris Law Center Blog
by Ocampo Wiseman Law
3w ago
Have you ever wondered how you can challenge a will? This issue is loaded with deep emotions and legal repercussions. Today, Sarah Ocampo, an experienced estate planning, probate, and business attorney headquartered in Las Vegas, will share her perspective. https://www.youtube.com/watch?v=rftQ0lC48vA Contesting a will is a serious matter that demands considerable thought and legal advice. Sarah Ocampo points out the significance of finding legal representation if you need to contest a will. She describes situations in which contesting a will may be appropriate and provides valuable insigh ..read more
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Who needs a trust instead of a will?
Morris Law Center Blog
by Ocampo Wiseman Law
4M ago
It's crucial to make plans for our afterlife, particularly if we want to make sure our loved ones are taken care of. The benefits of using a trust instead of a will for estate planning will be discussed in this article. We'll explore how trusts can assist your family avoid going to court and simplify the process with professional advice from Sarah Ocampo. 1. Avoiding the Probate Process A significant advantage of having a trust over a will is that it can effectively bypass the probate process. Sarah Ocampo explains that trusts benefit from court avoidance, alleviating the stress and delays as ..read more
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What is the order of inheritance without a will?
Morris Law Center Blog
by Ocampo Wiseman Law
4M ago
When someone dies without a will, the inheritance process can become complex. In this article, we will explore the order of inheritance in Nevada based on the insightful information provided by Sarah Ocampo. The Order of Inheritance The order of inheritance in Nevada depends on the surviving family members. Let's break down the different scenarios. 1. Survived by a spouse and no other relatives: If someone dies and is survived only by a spouse, then the spouse will inherit the entire estate. The community property and separate property will be transferred to the surviving spouse. 2. Survived ..read more
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Who has the power of attorney after someone dies?
Morris Law Center Blog
by Ocampo Wiseman Law
4M ago
Losing a loved one is undoubtedly a challenging experience, and amidst the emotional turmoil, numerous legal matters need attention. One common question is who has the power of attorney after someone dies. In this blog post, we'll delve into this topic and shed light on the importance of wills, trusts, and Nevada law in determining the distribution of assets and the management of estates. The Power of Attorney and its Limitations A power of attorney (POA) is a legal document that gives someone the right to act on behalf of someone else, frequently in situations when the original signatory is ..read more
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What should I do if a will is lost?
Morris Law Center Blog
by Ocampo Wiseman Law
4M ago
Losing a will can be a distressing situation, but it's essential to remain calm and take appropriate action to ensure that the wishes of the deceased are still honored. In this article, we will explore the necessary steps to take if a will is lost, as advised by legal expert Sarah Ocampo. 1. Inform Your Attorney It is important that you notify your attorney as soon as you become aware of the loss of a will. Your lawyer can help you navigate the court system and efficiently plan the steps required to find the lost will. In order to increase the likelihood that the missing document will be loca ..read more
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