Archive for September 2015
Passing on assets requires careful estate planning
In addition to taking care of family members after death, Nevada residents often try to avoid the necessity of paying estate taxes. Doing so could give heirs and beneficiaries the maximum benefit from any assets left to them. Careful estate planning may help accomplish both of these goals. Many Nevada couples use trusts in order…
Read MoreWills are just one way to transfer property upon death
Some Nevada residents may be surprised by the number of options they have for transferring their property upon death. Wills are just one way to pass on assets to heirs and beneficiaries. Every person’s circumstances are different, and for that reason, estate planning is not a “one size fits all” area of law. One of…
Read MoreConsider heirs and beneficiaries during estate planning
When creating an estate plan, Nevada residents typically decide who they want to receive their assets. They certainly have the right to do that, but without discussing the plan with the intended heirs and beneficiaries, feelings of anger, resentment and confusion could cause infighting among them after the death of their loved one. Many issues…
Read MoreLiving trusts provide many benefits, including asset protection
As you go through your life working to accumulate wealth, one of your goals may be to preserve as much as possible for your family after you pass away. One of the most popular methods used by Nevada residents to ensure asset protection is through the use of living trusts. This is just one of…
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