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Author name: Emily Mansoor

What Is an Inheritor’s Trust?

If you are expecting an inheritance, an estate planning tool known as a trust may prove useful, depending on your circumstances. Among the numerous types of trusts aimed at fulfilling different estate planning purposes, an inheritor’s trust is specially designed to help protect an inheritance. Purpose of an Inheritor’s Trust A future beneficiary establishes an inheritor’s trust […]

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Treating Children Fairly Does Not Necessarily Mean Equally

Parents generally try to treat all their children fairly. We often assume that fairness means leaving an equal inheritance to each child. However, “fair” does not always mean “equal.” A thoughtful estate plan considers each child’s unique circumstances to create distributions that truly support their needs. Here are some situations where unequal but fair distributions

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Estate Planning Nightmare: When Buddy the Elf Comes Out of the Workshop

As an estate planning attorney in Nevada, I have one recurring holiday fear: not sugar-fueled elves… but unknown heirs. Case in point: Buddy the Elf. You think you’ve got a nice, clean estate plan. One child. One spouse. Everything neatly wrapped with a bow. Then suddenly—bam—a full-grown man in tights bursts out of the North

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Northern Nevada Native: Yes, I Went to Boyd…No, I Don’t Cheer for the Rebels

I’m a proud Northern Nevada native—born at elevation, raised on Basque food, and hardwired to howl for the Nevada Wolf Pack. And yes, I said Nevada, not “UNR.” We were the first university in the entire state, thank you very much. That’s why up here, it’s simply Nevada. No descriptors needed. No clarifications offered. No

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Nevada’s SB 404: What Changed on October 1, 2025—and What It Means for Probate and Trust Planning

Effective October 1, 2025, Senate Bill 404 (83rd Legislature) updated several core provisions of Nevada’s probate and trust statutes. The legislation modernizes thresholds, clarifies fiduciary rules, and refines trustee powers—streamlining administration while preserving Nevada’s position as a premier trust jurisdiction. At a Glance: Key Probate Threshold Changes Effective date: Applies to probate filings made on

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Lessons from Warren Buffett’s Estate Plan: Generosity, Adaptability, and Transparency

Warren Buffett, known as the Oracle of Omaha, is one of the most successful investors of all time. His disciplined approach to investing, combined with his understanding of markets and financial foresight, has made him a global icon and model of success in the often-turbulent business world. Buffett’s investing can move markets and influence corporate

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