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Nevada’s secret trust boom spotlighted by Murdoch family conflict

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The Murdoch family feud playing out in an obscure Nevada court is highlighting the state’s popularity as a center of family trusts and a friendly home to the world’s biggest fortunes, CNBC reports.

Nevada is now the top state in the country when it comes to so-called asset-protection trusts like the one at the center of the Murdoch dispute, according to legal industry rankings. The state’s unique combination of no income taxes, iron-clad secrecy protections and strong defenses against creditors makes it attractive for those looking to establish big family trusts to protect assets.

Nevada doesn’t report the total amount of assets in its trusts and the state’s fast-growing industry of trust and estate attorneys, trust companies and facilitators keeps a deliberately low profile. Yet experts estimate the state likely has hundreds of billions of dollars in trust assets locked away in nondescript office buildings or trust companies, offering little to no visibility to the outside world.

“Nevada is No. 1 and has been for at least four years,” says Steven Oshins, a Nevada attorney who publishes the most widely cited ranking of states based on their appeal to asset-protection trusts.

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South Dakota is a “close second,” and then “there is a big drop-off for the next batch with Tennessee, Delaware and others,” Oshins adds.

Read more from CNBC.





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Project 2025: Nevada’s 5 takeaways from controversial plan

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Project 2025: Nevada’s 5 takeaways from controversial plan


A conservative set of policy proposals has become one of Democrats’ main criticisms of a potential second Trump presidency, and although the former president has tried to distance himself from the controversial project, it continues to weigh down his campaign.

Regardless of how much or how little of the project might get implemented under a second Trump term, it has a few elements that pertain specifically to Nevada.

Project 2025, also known as the “2025 Presidential Transition Project,” is a 900-page blueprint of policy proposals written by authors close to former President Donald Trump and launched by the Heritage Foundation that a Republican presidential candidate could implement in 2025.

Among many other ideas, the project proposes replacing career government officials with political appointees, eliminating the Department of Education, restricting contraception and reversing policies that allow transgender people to serve in the military.

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Vice President Kamala Harris and her supporters warned Trump would implement aspects of Project 2025 during her rally in Las Vegas, echoing an increasingly common Democratic attack against Republicans.

Trump has said on his social media platform that he knows “nothing about Project 2025” and has “no idea who is behind it.” His campaign has instead focused on the 16-page GOP platform that highlights energy independence, securing the southern border, implementing tax cuts and the “no tax on tips” plan, and securing elections through voter ID and paper ballots.

Here’s what Project 2025 has to say about Nevada.

1. It calls to “restore readiness” of nuclear testing.

In its section about defense, one of the authors of Project 2025, Christopher Miller, wrote the U.S. must restore its nuclear infrastructure so that it is “capable of producing and maintaining nuclear weapons.”

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It specifically proposes restoring readiness to test nuclear weapons at the Nevada National Security Site, located about 65 miles northwest from Las Vegas, to ensure the U.S. can respond quickly to “asymmetric technology surprises.”

Nevada has not conducted an explosive nuclear test since 1992, when President George H.W. Bush signed legislation imposing a moratorium on nuclear testing. Since then, the security site’s primary mission has been to support nuclear nonproliferation, or preventing an increase in nuclear weapons.

Project 2025 also says in its energy chapter that the U.S. and the NNSA “needs to make the design, development, and deployment of new nuclear warheads a top priority.” It says the U.S. lacks sufficient plutonium production capabilities.

It also calls for rejecting the ratification of the Comprehensive Test Ban Treaty and instead “indicate a willingness to conduct nuclear tests in response to adversary nuclear developments if necessary.”

2. It calls for taking another look at Yucca Mountain.

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In 2002, the Department of Energy recommended Yucca Mountain, 90 miles northwest of Las Vegas, as a federal nuclear waste repository. Efforts to move forward on the project have come up over the years, but each time they came to a screeching halt, largely due to the resounding bipartisan opposition from Nevada’s federal officials.

Project 2025, however, calls for it to be looked at again and for its licensing process to be restarted.

“Providing a plan for the proper disposal of civilian nuclear waste is essential to the promotion of nuclear power in the United States,” the Project 2025 chapter written by Bernard L. McNamee, says.

The project calls for the next presidential administration to work with the Nuclear Regulatory Commission to review the Department of Energy’s permit application for Yucca Mountain.

“Yucca Mountain remains a viable option for waste management, and DOE should recommit to working with the Nuclear Regulatory Commission as it reviews DOE’s permit application for a repository,” it reads.

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McNamee stressed, however, that finishing the review of the project does not mean Yucca Mountain would be completed and operational but “merely presents all information for the State of Nevada, Congress, the nuclear industry, and the Administration to use as the basis for informed decisions.”

3. It proposes a humane disposal of Nevada’s wild horses and burros.

The country’s wild horses and burros — about 60 percent of which live on public land in Nevada — are an icon of the American West but for years have been struggling with overpopulation. To control the population, the Bureau of Land Management has instituted multiple programs, from sterilization to adoptions.

Project 2025 author William Perry Pendley wrote in the Department of the Interior Chapter that those programs are not enough to solve the problem. He called on Congress to enact laws permitting the Bureau of Land Management to “dispose humanely” of some wild horses and burros to curb overpopulation.

BLM allows for the euthanasia of a wild horse or burro if it is sick and has a poor prognosis for recovery, according to the Bureau of Land Management’s guidance for euthanasia.

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4. It could adjust Nevada’s national monument territories.

Project 2025 says the new presidential administration should review national monument designations to see if they were improperly designated. It will “permit a fresh look at past monument decrees and new ones by President Biden.”

That could include Avi Kwa Ame.

It would also like to see the size of national monuments to be reduced, and it calls to repeal the Antiquities Act of 1906, which allowed Biden to designate Avi Kwa Ame as a national monument.

5. Nevada’s water storage could be updated.

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Project 2025 also includes provisions relating to western water storage. It calls for developing additional water storage capacity in the west by updating dam water control manuals for facilities, reducing bureaucratic inefficiencies by consolidating federal water working groups, adopting improvements related to forecast informed reservoir operations and aerial snow observation systems.

It also calls for clarifying the Water Infrastructure Finance and Innovation Act in order to foster more opportunities for locally led investment in water infrastructure.

During his first presidency, Trump issued a memorandum aiming to streamline water infrastructure processes and improve use of technology to increase water reliability. Project 2025 calls for reinstating that memorandum.

Contact Jessica Hill at jehill@reviewjournal.com. Follow @jess_hillyeah on X.

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University of Nevada, Reno School of Music welcomes Maureen Yuen | University of Nevada, Reno

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University of Nevada, Reno School of Music welcomes Maureen Yuen | University of Nevada, Reno


The University of Nevada, Reno School of Music in the College of Liberal Arts is pleased to announce the appointment of Maureen Yuen, Ed.D., a distinguished violinist, pedagogue and researcher, starting January 2025. Yuen’s career spans teaching, research and performance, making her a valuable addition to the School’s faculty.

Yuen brings extensive experience from her tenured position at Drake University, and positions at Columbia University, Mercyhurst University and SUNY Fredonia, where she received the SUNY Chancellor’s Award for Excellence in Teaching. Her students have earned scholarships and assistantships at institutions such as the Juilliard School and Indiana University. Additionally, she serves as a senior examiner and strings specialist for the Royal Conservatory of Music in Canada.

An active performer, Yuen’s engagements include solo and chamber music performances, master classes and adjudication worldwide. She is dedicated to showcasing works from underrepresented composers, as highlighted in her recent solo recording, “Violin Music by Women: A Graded Anthology, Volumes 1 & 2,” released by Albany Records in 2023.

Reed Chamberlin, director of the School of Music, expressed his enthusiasm for Yuen’s arrival: “We are thrilled to welcome Dr. Yuen to our faculty. Her breadth of contributions across teaching, research and performance is exceptional, and we are excited about the opportunities her expertise will bring. We look forward to enhancing our partnerships with schools and the community as a result of her extensive experience and dedication.”

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Yuen’s scholarly contributions include articles in peer-reviewed journals and presentations at international conferences. Her research focuses on access and equity in applied music, challenging traditional pedagogical models and promoting diversity in the performing arts. She recently contributed a chapter to the forthcoming book, “The Applied Studio Model in Higher Music Education: Critical Perspectives and Opportunities,” edited by Kelly Parkes and Ryan Daniel, to be published by Routledge in 2024.

Cassie Isabelli, dean of the College of Liberal Arts remarked, “Dr. Yuen brings a fresh perspective that will undoubtedly strengthen our college’s dedication to cultivating an environment where creativity and academic rigor thrive.”

In addition to her teaching and performing roles, Yuen serves on the editorial board of the American String Teacher Journal and as string editor of Rising Tide Music Press.

Yuen shared her excitement, “The opportunity to collaborate with colleagues and students in such a dynamic and inclusive environment will foster high standards, creativity and community involvement in music. I look forward to contributing to the University’s mission of preparing students for sustainable careers and advancing research in applied music.”

Visit the School of Music for more information.

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Nevada Supreme Court requires NFL to respond to Jon Gruden's petition for full-court review

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Nevada Supreme Court requires NFL to respond to Jon Gruden's petition for full-court review


Former Raiders coach Jon Gruden’s Hail Mary pass in the Nevada Supreme Court is currently being batted around in the end zone.

On Monday, the Nevada Supreme Court ordered the NFL to respond to Gruden’s request for a full-court review of the decision to force him to take his case against the NFL and Commissioner Roger Goodell to arbitration ultimately controlled by Goodell. While it doesn’t mean the seven judges of the Nevada Supreme Court will overturn the three-judge panel’s 2-1 ruling, it keeps Gruden’s chances alive.

Per the order, the NFL has until August 26 to respond to Gruden’s petition. Eventually, the full Nevada Supreme Court will decide whether to take up the case and (if so) whether to uphold the ruling or reverse it.

Gruden sued over the strategic leaking of emails from the Washington investigation, which apparently was aimed at forcing him out of his job. (It worked.) The emails were inappropriate, in various respects. They also were supposed to be confidential. Someone weaponized them.

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The league responded to Gruden’s lawsuit by trying to force the case into arbitration, relying on a provision of the NFL’s Constitution and By-Laws regarding the Commissioner’s exclusive authority to resolve all matters involving conduct detrimental to the league. The trial court ruled in Gruden’s favor. Then, the NFL won on appeal.

Now, Gruden hopes to score the final victory in Nevada.

If he does, the NFL undoubtedly will ask the U.S. Supreme Court to take up the case. Win or lose, it will continue to delay a lawsuit that was filed some 33 months ago — and that is still stuck at square one.

While few are rooting for Gruden to win, given the content of the emails he sent to former Washington executive Bruce Allen, there’s value in the case playing out in court. Someone ordered the proverbial Code Red. Someone undermined the integrity of the 2021 season by taking Gruden out six weeks into the campaign.

It should have been done before the season started or after the season ended. Someone wanted it to happen during the season. If the case isn’t litigated in open court, there’s a good chance the truth as to who forced Gruden out will never be known.

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