One of the first concepts taught in business law is that a corporation, limited liability company, nonprofit, or other legal entity is treated by the law as a separate “person.” Lawyers often call this a “legal fiction.” Of course, an LLC is not literally a person. Walmart does not physically exist the way an individual person exists. It is a network of employees, shareholders, officers, directors, contracts, assets, liabilities, and operations. But the law treats Walmart as

Beginning October 1, 2025, Nevada’s SB 404 raises the dollar limits for summary estate administrations and spousal set‑asides. Learn what the new probate thresholds mean for families and why you should update your estate plan. Overview Nevada’s legislature passed SB 404 in 2025, making the state’s already friendly probate rules even more efficient. The law raises the threshold for a summary administration from $300,000 to $500,000 , meaning estates under $500,000 can no

Planning for the future isn’t easy, but it’s one of the most important things you can do for the people you love. Having a comprehensive...