Trust companies have the unique ability to act as a trustee — a person or company that administers financial assets for the benefit of someone else. If you are interested in learning how to form a trust company, we can help you through the process. Saltzman Mugan Dushoff, PLLC is the preeminent financial institutional law…
Have you read the first article in our Trust Company series? Read about forming successful trust companies now. By several measures, Nevada offers numerous benefits as a state in which to incorporate and operate a trust company: No State Tax. Nevada has no state corporate or personal income tax, which means it does not tax…
Saltzman Mugan Dushoff, PLLC has a robust practice advising clients on trust company matters. We have worked with clients to charter many Nevada retail trust companies. We also routinely represent clients who form family trust companies that may be licensed or unlicensed. In Nevada, a natural person can act as a trustee of a trust…
The city of Las Vegas has announced that it is offering incentives to craft breweries and brew pubs looking to open in the newly created “Brewery Row” in the downtown Las Vegas Arts District. The Las Vegas City Council approved a waiver of certain alcoholic beverage license charges for qualifying businesses located in Brewery Row. The incentive…
Governor Sisolak has recently signed SB 307 which makes various changes to NRS Chapters 369 and 597 concerning the sale of alcoholic beverages. Section 4.7 of the Bill paves the way for licensed retailers and unaffiliated third party delivery support services acting on behalf of the retailers to deliver alcoholic beverages to Nevada customers. The Bill requires the Nevada…
Restaurants financially impacted by the COVID-19 pandemic are now eligible to apply for assistance under the Restaurant Revitalization Fund. The American Rescue Plan Act established the Restaurant Revitalization Fund (RRF) to provide funding to help restaurants and other eligible businesses keep their doors open. This program will provide restaurants with funding equal to their pandemic-related…
The Las Vegas City Council has approved an ordinance expanding alcohol delivery opportunities for City of Las Vegas retailers. The ordinance makes the following two sets of changes: The ordinance expands the types of businesses that are eligible for applying for and obtaining an ancillary alcohol delivery license. Under pre-existing code, only certain grocery stores were eligible…
As the federal and state governments continue to make progress towards distributing the COVID-19 vaccine, employers may wonder what potential issues could arise in the event they decide to make the vaccine mandatory for their employees. The EEOC released some initial guidance on December 16, 2020, with respect to the potential impact of such a…
The City of Las Vegas is discussing a bill that would permanently expand the types of businesses that would be eligible to deliver alcoholic beverages. Currently, only grocery stores may obtain a delivery license in Las Vegas. If enacted, the new bill would allow any business holding a City of Las Vegas off-sale alcohol license, including restaurants…
As part of the response to COVID-19, Nevada Governor Sisolak has announced a set of new restrictions on businesses and gatherings. Governor Sisolak has declared that Nevada will be on a “pause” for three weeks beginning at 12:01 AM on Tuesday, November 24th. The Governor indicated that the restrictions during the three-week pause are subject…
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