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Nevada

The Amazon (Tesla) Controversy 

Nevada had to give Tesla tax concessions in order to induce them to put their mega-factory west of Sparks off of I-80.  Concessions are a fact of life when it comes to attracting mega-businesses to a community.  I do remember that then Governor Sandoval was criticized by some for “giving away too much” in the form of tax credits to Tesla.    I also remember asking a question in this column that went something like this: …Read More

Northern NV Will Remain Prosperous in a National Recession

My last column (Sunday, June 24th) was about the possibility of a recession near-term.  On that same RGJ Business front page, the headline was “Reno Median Home Price Tops $350k” and “May Unit Sales Second Highest Recorded.”  The two stories seem incongruent.  But they aren’t. Impact of the Recession In the financial meltdown of the last recession, the Nevada economy was one of the hardest hit in the nation.  It …Read More

Why trusts aren’t just for the wealthy

Originally published on Marketwatch.com http://www.marketwatch.com/story/why-trusts-arent-just-for-the-wealthy-2014-09-09 Trusts are one of the essential tools of any estate plan. According to a recent study, over 70% of U.S. households with a net worth greater than $1 million use trusts. The probate process can be lengthy and expensive and should typically be avoided at all costs through the use of trusts. There are many different types of trusts for various purposes and competent legal …Read More

Northern Nevada Used to be a Boomtown – It Can Be Again

Originally published on Nevada Business.com http://www.nevadabusiness.com/2014/08/northern-nevada-used-boomtown-can/ In early June, one of my clients asked me if it were safe to invest in real estate in northern Nevada. My response: Only if you are sure of two things: 1) If the margins tax on the November ballot would be defeated; 2) If northern Nevada would get the Tesla battery gigafactory. Then, on June 9th, the Reno Gazette Journal (RGJ) posted a story entitled David …Read More

Universal Value Advisors Partners with Concert Wealth Management to Offer State-of-the-Art Software, Research and Reporting to Clients

Universal Value Advisors (UVA) has partnered with Concert Wealth Management and the Concert network to offer additional research resources, enhanced reporting, and the power of state-of-the-art automated systems to its clientele. Reno, NV, July 17, 2014 –(PR.com)– Universal Value Advisors (UVA) has partnered with Concert Wealth Management and the Concert network to offer additional research resources, enhanced reporting, and the power of state-of-the-art automated systems to its clientele.Universal Value Advisors …Read More