Archive for May 2016

So many of Nevada’s families are considered to be blended families, which means that one or both of the parties has children from a prior relationship. These types of families can present unique challenges when it comes to estate planning. Determining a structure that provides for a surviving spouse, each party’s children and possibly even…

Many Nevada residents believe that, by having a will and/or trusts, their assets will be inherited by the individuals they intend. For those assets that would ordinarily pass through probate, that is what will happen. However, there are assets that do not pass through probate, and, if estate planning does not include the verification of…

Estimates indicate that one of every five Americans will be age 65 or older by 2050. People over the age of 85 are becoming the fastest growing segment of the population. This means that the importance of powers of attorney for health and financial issues is also growing for people across the country, including many…

The death of Prince might have raised this question for many Nevada residents. The music legend died without having done any estate planning, and now it will be up to his home state to determine what happens to his millions and his music. In addition, the IRS could end up being one of the biggest…