Archive for July 2016
Providing for horses after owners’ death through estate planning
Many Nevada residents provide for their pets after death, but horses are often far more valuable than the family pet. People own horses for competitions, races and breeding, which can all be lucrative and make the horses worth a substantial amount of money. What happens to these horses after the death of their owners can…
Read MoreDetermining who will receive assets in estate planning
Most Nevada residents want to provide for their loved ones even after death. Determining who will receive what assets and when during estate planning might not be as simple as simply dividing them up evenly. Numerous factors need to be considered prior to making a final decision. In some cases, it might make more financial…
Read MoreLast wills and testaments provide guidance to family and courts
After Nevada residents pass away, it is too late to communicate what they want done with the property they left behind. This is why last wills and testaments are vital for every adult. They provide guidance and instructions to surviving family members and the courts. Without wills, Nevada law will dictate who receives an individual’s…
Read MoreWills and trusts can work together to cover all assets
Sometimes, even the best laid plans can go awry. This could be applied to estate planning as well. Therefore, Nevada residents need to make sure that their wills and trusts work together and complement each other. When Nevada residents have living trusts, they are often meticulous about making sure that the assets they have when…
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