Archive for October 2016
How does real estate fit into estate planning?
The largest asset that most Nevada residents own is their home. What happens to that home after death might seem like a cut-and-dried decision, but there are numerous factors that need to be considered before making any decisions. There are several ways to handle real estate in estate planning, and it might be advantageous to…
Read MoreEstate planning tools for subsequent marriages
A good portion of the planning that Nevada residents did during their last marriages will more than likely need to be changed should either party remarry. Estate planning is meant to be reviewed periodically in order to assess whether any changes or modifications need to be made. Divorce and remarriage are two life events that…
Read MoreEstate planning can be used to prepare for incapacity
Nevada residents do not only need to be prepared to provide for family members when they pass away. They also need to prepare for someone to take care of their health and financial decisions if they are no longer able to do so. Estate planning is not just to prepare for the disposition of property…
Read MoreTrusts are a powerful asset protection tool
Estate planning is about providing for family members after death while minimizing taxes, penalties and other threats to the value of the estate. Trusts are a powerful asset protection tool that not enough Nevada residents take advantage of because they believe they are only for the wealthy. In reality, anyone can benefit from a trust.…
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