What Goes Into A Nevada Home Owner Insurance Quote?

If you’re in the market for a Nevada home owner insurance quote, there are several factors that go into making your quote as low – or high – as will be. Your lender’s requirements. Home owner insurance policies aren’t a legal requirement, but if there is a lender involved you may be required to purchase a home owner insurance policy until you’ve paid off the loan. Your lender may have certain policy requirements, so make sure you know exactly what those requirements are before you get a Nevada home owner insurance quote. Your personal protection. Living beings are more important that material possessions; therefore, make sure there’s adequate coverage for you, your family, and any visitors and guests when you get your Nevada home owner insurance quote. Also make sure your Nevada home owner insurance policy will provide enough coverage should a visitor or guest become injured on your property and take legal action. Your property protection. Cutting corners here and there may help you get a lower Nevada home owner insurance quote, but cutting corners means you may not get the coverage you need and the additional costs will come out of your own wallet. In other words, you might save money on your Nevada home owner insurance quote, but you might have to spend more money in the end. It may sound simple, but you need to purchase enough coverage to cover what you need covered. The insurance agent can always offer suggestions about ways to save money when you get a Nevada home owner insurance quote. Each policy’s requirements. Each policy will have its own requirements. When you get your Nevada home owner insurance quote, talk with your agent about the policy coverage included that’s required by the policy as written by the company. If it’s coverage you want and need, fine. If it’s not you may want to consider looking for a Nevada home owner insurance quote elsewhere. Published at: https://www.isnare.com/?aid=110563&ca=Finances

Nevada Incorporation – Advantages Of Forming A Corporation In Nevada

Nevada Incorporation Tax Advantages – Deductible Employee Benefits Incorporating in Nevada usually provides tax-deductible benefits for you and your employees. Even if you are the only shareholder and employee of your business, benefits such as health insurance, life insurance, travel and entertainment expenses may now be deductible. Best of all, Nevada incorporation usually provide an increased tax shelter for qualified pension plans or retirement plans (e.g. 401K’s). Easier Access to Capital Funding It’s easy to raise capital for a corporation through the sale of stock. Investors are much harder to attract to sole proprietorships and partnerships because of personal liability. Investors are more likely to purchase shares in a corporation, where there is a separation between personal and business assets. (Some banks, as well, prefer to lend money to corporations.) This is not as common at the small business level as it sounds, because the process can be complicated and requires the proper attorneys to make sure you are not violating any security laws. Unfortunately, many small businesses seek investors and never consult with a securities attorney. Nevada Incorporation – An Enduring Structure A Nevada corporation is the most enduring legal business structure. Corporations may continue on regardless of what happens to its individual directors, officers, managers or shareholders. If a sole proprietor or partner dies, the business may automatically end, or it may become involved in various legal entanglements. Corporations can have unlimited life, extending beyond the illness or death of the owners. Easier Transfer of Ownership Ownership of a corporation may be transferred through the sale of stock without substantially disrupting operations or creating the need for complex legal documentation. Below are a few other reasons for Nevada incorporation: Anonymity Corporations can offer anonymity to its owners. For example, if you want to open an independent small business and don’t want your involvement to be public knowledge, your best choice may be to incorporate. But if you open as a sole proprietorship, it’s hard to hide the fact that you’re the owner. As a partnership, you’ll probably be required to register your name and the names of your partners with the state and/or county officials in which you’re doing business. Centralized Management With a corporation’s centralized management, all decisions are made by the board of directors. Shareholders cannot unilaterally make binding agreements on behalf of the business simply because of their investment. With partnerships, each individual general partner may make binding agreements that may result in serious financial difficulty to you or the partnership as a whole. Marketing Advantage of Incorporating This is perhaps the biggest overlooked advantage of them all! We live and do business in a competitive world. You already know that 95% of businesses fail in the first five years. When starting off in a new business, the first impression you make on new prospects is critical. One mistake could cost you your entire business. In fact, many great “could have been” businesses were only three to five new customers short of reaching the next level of success. What message do you send as a sole proprietor? First, let’s get a marketing perspective on sole proprietorships and the image that they project. The typical CPA recommends that if you don’t have over $40,000 in net profit, incorporating in Nevada may not make sense for you and may not reduce your taxes. That’s no secret. Knowing this, what message are you sending when your business card bills you as “Owner/Operator”? New prospects know that you didn’t incorporate, and they probably assume that they know the reason why – that you probably don’t earn $40,000 in profits, and your CPA recommended for tax reasons that you remain a sole proprietorship. Worse, you didn’t believe in yourself enough to invest the money to incorporate. Are those the messages you want to convey when trying to attract new business? For Nevada Incorporation, you send a very different message : “This is John Smith, CEO of ABC, Inc.” That “foot in the door” strategy is far superior to “This is John Smith, Owner/Operator of ABC.” Bottom line? From a purely marketing point of view, incorporating in Nevada makes sense 100%. Published at: https://www.isnare.com/?aid=91907&ca=Business

Nevada State Corporation – The #1 Reason To Incorporate In Nevada

It’s Extremely Difficult for Anyone to Pierce Your Nevada State Corporate Veil First, what exactly does “piercing the corporate veil” mean? When you form a corporation, whether it’s in Nevada, California, Texas or wherever, you must follow certain corporate formalities. Remember, a nevada state corporation can do everything you can do except act or think, so it does those things through your board of directors, officers and shareholders. If your corporation does not keep accurate records of meetings by minutes, and if the corporation commingles funds, it makes it easier for someone to pierce your corporate veil if the corporation is involved in a lawsuit. Low capitalization is another reason why corporate veils get pierced. In some states, like California, we recommend that you capitalize your corporation with at least $1,000. If you don’t, it’s easier for someone to prove that you are simply the alter ego of the nevada state corporation (one and the same as the corporation), and then pierce your corporate veil! How does Nevada feel about this? Nevada is called a “thin capital state,” meaning you can form a corporation in Nevada for as little as $100. Also, Nevada has a certain attitude about piercing the corporate veil, which is why major corporations domicile in Nevada. Let’s explain. The Nevada State Test – Trying to Pierce the Corporate Veil First, in Nevada, anyone trying to sue you must pass a three-prong test. They must prove all three parts to pierce your corporate veil: The corporation must be influenced and governed by the person asserted to be the alter ego. There must be such unity of interest and ownership that one is inseparable from the other. The facts must be such that adherence to the corporate fiction of a separate entity would, under the circumstances, sanction fraud or promote injustice. The burden of proof for all three “general requirements” is on the plaintiff who is seeking to pierce the veil, and a failure to prove any of the three will result in your veil not being pierced! Essentially, Nevada says that unless they can prove fraud, your corporate veil will not be pierced. That is awesome protection. Nevada State Corporation – Case In Point The landmark case that proves this point is the case of Roland vs. Lepire (1983). We recommend that you keep accurate corporate records to protect your corporate veil, and make sure you have adequate capitalization as well. In Roland, the corporation had a negative net worth at the time of the trial so it was clear it was inadequately capitalized. On top of that, the corporation never held formal directors or shareholders meetings, never started or kept a corporate minute book, never paid dividends, and didn’t pay salaries to the officers or directors. On the other hand, the corporation managed to secure a corporate checking account, as well as a general contractor’s license and a framing contractor’s license, “both in its name”. What happened? The court concluded that, “Although the evidence does show that the corporation was undercapitalized and that there was little existence separate and apart from [the two key shareholders]evidence was insufficient to support a finding that appellants were the alter ego of the corporation.” The Nevada Supreme Court has made clear that unless the plaintiff acting against you is able to meet the burden of proving that “the financial setup of your corporation is only a sham and caused an injustice, ” your veil is unlikely to be pierced. The Nevada state corporation appears as an “Iron Fortress” to creditors. In fact, the corporate veil has only been pierced two times in Nevada in the last 23 years! And that was a case where the corporation was actually doing business in Nevada and had committed fraud against a Nevada resident. Published at: https://www.isnare.com/?aid=88092&ca=Business

How To Save Money And Get Discount Long Term Health Care In Nevada

As the population ages, with baby boomers reaching old age at the rate of 11,000 each day, the need to save money and get discount long term health care in Nevada has never been greater. According to government figures, just over half of all Nevada residents who lived past the age of 65 will need some form of long term health care at some point in their life. Depending on how long such care is needed, and how extensive the required care is, the cost for such care can be devastating for the average person. Many Nevadans erroneously believe that all of their long term health care needs will be taken care of by the state or federal government once they reach the magical age of 65. This is not really true. The federal Medicare program has almost no provision for long term health care support, and while Nevada’s state-run Medicaid program does have a provision for limited long term health care benefits, the requirements for receiving such aid require the recipient to have exhausted all of their own resources first, and even then the choice of facilities and the types of care offered are limited and may not be adequate or the best available. A better alternative is to purchase private long term health care insurance. And the sooner you purchase it the better. Why? Because premiums increase with age, so the younger you are – 40 is now the recommended age – when you take out your long term policy the lower your premiums will be. Before you go online and begin researching and comparing the costs of long term health care from a variety of different providers it will serve you well to arm yourself with a few basic assumptions. First, what kind of long term care are you looking for and what dollar amount of benefits do you anticipate needing. It makes a difference in the cost of your long term health insurance whether you anticipate needing round-the-clock nursing home care, or whether you need weekly or daily in-home help with your requirements for daily living – such as dressing and bathing yourself, preparing meals and so forth. You’ll also have to choose the total dollar amount of care you will be receiving. Some policies put a cap on the overall dollar amount they will pay over the lifetime of the policy – others put a cap on monthly or even weekly pay-outs. If there is a history of Parkinson’s or Alzheimer’s disease in your family, or cancer or any other illness which can leave you debilitated for years, then take that into consideration when choosing your policy. Your Elimination Period will be a big factor in the cost of your long term health care. An Elimination Period is simply insurance-speak for your deductible – in other words, how much of your own money are you willing to spend for long term health care before the insurance policy takes over – the longer your Elimination Period the less your premiums will be. Long term health care is not something most people choose to think about, but it is an unfortunate fact of life for many thousands of Nevadans, but by doing your homework and comparing policies and prices online, it is possible to still save money and get discount long term health care in Nevada. Published at: https://www.isnare.com/?aid=163688&ca=Finances

Assistance For Seniors In Nevada Seeking Long Term Care

The state of Nevada has several services and advocacy groups that help the elderly who are in need of long term care. Some of the groups are listed below: Advocate for Elders : Just as the name implies, they are advocates and offer assistance to seniors 60 or older who are primarily homebound. Community Home-Based Initiatives Program (CHIP ) offers non-medical services to seniors 65 and older to help them maintain independence in their own homes rather than being placed in a nursing home. Elder Protective Services (EPS) provides services for seniors 60 and over who may be experiencing abuse, isolation, neglect or exploitation. Homemaker Program: A community based service that believes in home care can help preserve or improve quality of life and reduce the need for unnecessary out of home care. Long Term Ombudsman: Long Term Care Ombudsman Program was created to deal with issues and challenges that residents in long-term care facilities face. The Ombudsman ensures confidentiality of a resident’s records and protects the in the event of a complaint. Senior Ride Program: (Clark County only): Senior Ride program provides discounted taxi fares to seniors and people with disabilities living in Clark County . State Health Insurance Assistance Program (SHIP): Provides counseling, information and assistance to Medicare beneficiaries statewide in Nevada. They offer one on one counseling and assistance for problems that seniors encounter with Medicaid supplemental health insurance and long term care options. Tax Assistance/Rent Rebate Program: Seniors 62 and older may receive a rebate of a portion of their property taxes on their own home or by property taxes paid by renter though their rent. Waiver for the Elderly in Adult Residential Care (WEARC): A program for seniors 65 and older that offers a less expensive alternative to supervised care in a residential setting. Please view our recommended sources for insurance quotes and low rates. These are also great sources for information on how to lower your rates and save money every month on your insurance. Published at: https://www.isnare.com/?aid=56297&ca=Finances

Nevada Home Equity Loans – Gambling with Your Equity

In the last five years, Nevada home values have increased at an almost unbelievable pace, especially in cities like Las Vegas and Reno. If you are a homeowner, you should have a nice chunk of equity built up. While borrowing from your equity can be a smart financial move, you could be taking a gamble. This is why it’s a good idea to examine all of the risks associated with Nevada home equity loans before signing on the dotted line.

The Collateral

Home equity loans are tied to your house, which means that if you default on the loan, you could lose your home. Keep in mind that most homeowners don’t mean to miss payments. Tragedy can strike at any time. If you lose your job, become disabled, or suffer a family loss, your world can change overnight. Before taking out a Nevada home equity loan, you’ll want to make sure that you have insurance on either yourself or the loan.

Hidden Fees and Terms

When getting quotes for a Nevada home equity loan, you’ll want to make sure that you look over the terms carefully. Hidden fees, like prepayment penalties and credit insurance, can cause serious problems later on. You will also want to make sure you are not lured in by quotes for low monthly payments. Always look for hidden balloons and rate increases.

Borrowing Too Much

One of the most common mistakes that borrowers make when taking out a Nevada home equity loan is borrowing too much. It can be very tempting to accept a lender’s offer to loan you 125 percent of the value of your home, but it may not be the smartest move for you financially. By the time you pay that money back with interest, you could be chucking out more than your Nevada home is worth.

Visit Nevada Lending Center [http://www.nevadalendingcenter.com] to see our Top 3 Home Equity Lenders in Nevada [http://www.nevadalendingcenter.com/homeequityloans], whether you are looking for home purchase, refinance or a home equity loan.

Article Source: http://EzineArticles.com/expert/J._Hale/57202

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Las Vegas Nevada Homes for Sale

It’s not as easy to sell Las Vegas Nevada homes as in years past. The appeal of Las Vegas property has paled a little, certainly from Vegas’ heyday as the gambling Mecca of the world. It’s no longer a little decadent oasis in the desert. With that lack of appeal of course also comes a down-turn in house prices. Great if you want to buy, pretty annoying if you want to sell.

Before the more recent history, those with Las Vegas Nevada homes for sale rode a wave of a good three years of crazy appreciation in the value of their property. So, to avoid losing out on that, sit tight if you can. What goes around comes around, and Nevada house prices are sure to rise again.

However suppose you can’t wait? What can you do to increase your chances of getting a good price on your home? Price, location and the condition of your property will all significantly affect your chances of a good sale.

Price

Forget for now the romantic idea of having numerous interested parties trying to outbid each other for your property. It’s a buyer’s market in Las Vegas these days. Buyers generally know what they want and – thanks perhaps to a glut in property development and do-it-yourself TV programs – they know what they are prepared to pay. If your property even looks like it might be over-priced, potential purchasers could be put off.

You’ve go to take the initiative and price your Las Vegas home aggressively. If you don’t sell in a couple of weeks, cut the price significantly. Hopefully someone will take your home off your hands. However if it doesn’t, don’t wait around for your realtor to tire of having your property on their books or prospective buyers of seeing the “for sale” sign outside your property; cut your price again and go for the kill.

Also, now isn’t the time to go it alone. Find for yourself a good, experienced realtor to give yourself the best chance of selling your property.

Location

This is the second significant factor in obtaining a good price for your home in Las Vegas. There’s not really much you can do about where your house is situated; hopefully you had the foresight and good sense to originally purchase your property in a sought-after area.

Condition

This is something you can work with and improve. Ensuring your Las Vegas home is in great condition with high curb appeal will go a long way toward ensuring it sells well. Give it a well-cared-for appearance – one that screams ‘Buy Me!’ as the viewer steps from the realtor’s car.

A coat of paint is relatively inexpensive and can truly make the difference between a sale and a rejection. Replace or remove old and worn carpet. And clean your house from top to bottom. The Las Vegas Nevada homes for sale that go first off the realtor’s books are typically ones that are immaculately clean and give the prospective buyer the impression that they could move in immediately with minimal required work.

For practical home selling and buying information, please visit http://www.homes-sell-buy.com, a popular site providing valuable insights about great home locations and home related information that will be of value in your search for the perfect home community.

Article Source: http://EzineArticles.com/expert/Clay_Davis/127252

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How to Find Cheap Nevada Long Term Care Insurance Rates

Finding cheap Nevada long term care insurance (LTCI) may seem like an impossible task. However, if you compare the average insurance premiums (about $250/month) to the daily rate of a nursing home stay (about $250/day), long term care insurance seems like quite the bargain. On average, the cost of a monthly LTCI premium would pay for one day of nursing home care. Even if you end up paying your long term care insurance premiums for 20 years, a one year long stay in a nursing home facility will more than recover your premiums.

There are some options to consider when shopping for long term care insurance in Nevada that may help you reduce your rates and make LTCI an even better bargain.

1. Daily Benefits are the amount that the insurance company will pay each day for your care. If you will have another source of financial support, either by qualifying for Medicaid or Medicare, Social Security benefits, pension benefits or savings, you can consider lowering this daily benefit.

2. Age of Enrollment refers to the age in which you sign up for your long term care insurance. Enrolling in LTCI coverage earlier in life will significantly reduce your monthly premiums. It has the added bonus of allowing you to lock in your rate before you develop any health conditions that will affect your insurance coverage. Though rates may go up at predetermined times, your 65th birthday for example, you cannot be singled out for a rate increase.

3. Elimination Periods are comparable to the deductible in your house insurance. It refers to the period in which you will be receiving long term care before your benefits begin. While elimination periods can range anywhere from 1-100 days, they are typically chosen at intervals of 30, 60, or 90 days. A higher elimination period can save you considerably, however you should carefully consider the costs of a lengthy elimination period.

4. Multiple Policy Discounts are offered by many companies. If you are married and want to have long term care insurance coverage for both spouses, inquire about a multiple policy discount. On the other hand, if you can only cover one spouse, there are additional factors to consider. Statistically, women live longer than men, but you will also want to consider the family history of each spouse. Longer life expectancies often run in families. You will also want to consider the current health of each spouse and any higher risk activities such as smoking or drinking that may lead to a health condition requiring extended medical assistance.

Once you have decided which long term care insurance coverage is right for you, you will want to research long term care insurance companies in Nevada. Ask your self these questions:

1. What is the company’s financial strength rating? You will want a company with a rating of “A”.

2. Will there be a cost of living adjustment? You want to be sure that your coverage will keep up with inflation.

3. Will you have options regarding care location? Most people would prefer to have home health care. Check to see if your company would cover both in-home care as well as nursing home or assisted living facility care.

4. Is the policy guaranteed for life? Be sure the company cannot cancel the policy due to poor health.

Much of this research can be done online at a significant time savings. You can receive policy quotes from companies that offer Nevada LTC insurance as well as investigate the integrity of these companies and the options they offer. Be sure and take your time shopping around and you may just find the cheapest Nevada long term care insurance rates online in a snap!

Get started comparing Nevada long term care insurance quotes today!

Article Source: http://EzineArticles.com/expert/James_J._Robinson/225659

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How to Find Affordable Long Term Care Insurance In Nevada

If you become sick or disabled, who is going to choose what kind of care you receive and where you receive it? Ultimately that’s what the question of finding affordable long term care insurance in Nevada boils down to.

Many people believe that once they hit 65, Medicare or Nevada’s Medicaid program will pay for their long term heath care should they become sick or disabled. Unfortunately those people are wrong.

Medicare pays virtually nothing for long term health care, and while Nevada’s Medicaid program has provisions for paying for some forms of long term care, what is covered and what is not covered can be difficult, at best, to work out and even if you are covered the choice of what kind of care you will receive and the facility in which you will receive it is entirely taken out of your hands and placed in the hands of a state bureaucrat.

Many people are not happy with that “choice.”

You have two alternatives. Never get sick or disabled – or purchase your own long term health insurance with benefits you understand and which allows you to choose your own care before the need arises.

Unfortunately it is impossible to guarantee that we will never become sick or disabled. In fact, according to U.S. Census statistics, approximately one half of all Nevada residents who live past age 65 will need long term care before they die.

The answer, therefore, is to purchase long term health care insurance. The problem, as with most insurance, is how to afford it. That is why we need to find affordable long term care insurance here in Nevada.

If you are 40 years old or older and do not already have long term health care, now is the time to get it. With each birthday that passes your premiums for long term health care get higher and higher.

Next, get on line and compare long term health care policies and rates on one of the many sites that allow comparisons between companies. The same policy for the same person can vary greatly in price, depending on which company issues the policy.

These sites will also allow you to play with various terms for policies, such as lifetime caps on policy payouts, whether policies pay for round-the-clock nursing care or only pay for in-home care, what the Elimination Period, or deductible is, and many other options, each of which affects the monthly premium for the policy.

Making direct comparisons in this way is the only way of finding truly affordable long term health care in Nevada.

Recommended sites for low rate insurance

Affordable Long Term Care Insurance Quotes In Nevada

Instant Long Term Care Health Insurance Qutoes [http://www.myquoteguide.com]

Article Source: http://EzineArticles.com/expert/Gavin_Bloom/45767

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