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Check out Attorney Jerry Carter go over the most common legal issues businesses face today.

How does arbitration work in Nevada?

Jan 5, 2023 | Arbitration, Video

We get a lot of questions from business owners about what is arbitration, and how does arbitration work here in Nevada? What is arbitration? Arbitration is an alternative way to resolve a business legal dispute, and a lot of contracts require arbitration. So all the sides in the dispute pick someone to be the arbitrator, and oftentimes they pick an organization like the American Arbitration Association. That arbitrator will have a mini-court proceeding. There will be an opportunity for the sides to exchange information with each other, request information, there will be a hearing where each side puts on its witnesses, shows the arbitrator documents that bolster their case, and the arbitrator will take all of that information and make a ruling. Once that arbitrator makes the ruling, it’s really hard to appeal from that or change the ruling.

What is a Nevada Domestic Asset Protection Trust?

Jan 5, 2023 | Resources, Video

All right. So question number one; What is a Nevada Domestic Asset Protection Trust? It is just flat-out legal, and legitimate, and not even sneaking around asset protection. You create this trust, you appoint a friend or someone you trust to be the trustee of that trust. And then you can put whatever assets you want into that trust. And after two years, those assets cannot be touched by any of your creditors. Anybody who’s coming after you for money, they can’t touch what’s in that trust.

Do Business Owners Need Asset Protection?

Jan 5, 2023 | Business Contracts, Video

Do Business Owners Need Asset Protection? Here at the Sierra Crest Business Law Group, we have a lot of conversations with business owners, and a lot of them involve how to protect their wealth and their assets from predators, creditors, and other unsavory people.