Archive for March 2017
Revocable trusts are a valuable estate planning tool in Nevada
Terms like “estate planning” and “trusts” may sound like issues only the extremely wealthy need to consider. In reality, however, this line of thinking couldn’t be further from the truth. For Nevada residents hoping to pass along assets to family and loved ones after death, revocable trusts may provide just the approach they are looking…
Read MoreThe importance of estate planning in Nevada for young families
All too frequently, young parents with small children procrastinate making a will because they assume there is not much point at this stage. They may think that everything will automatically go to their spouse or that they don’t own enough assets to bother. However, the lack of adequate estate planning for Nevada parents can prove…
Read MoreTrusts may offer asset protection in case of Nevada divorce
When it comes to estate planning in Nevada, those who have prepared a will may also wish to consider a trust, but not for the tax reasons that many may think. Instead, an increasing number of individuals are building trusts into their wills for the purpose of asset protection, not for themselves, but rather for…
Read More6 out of 10 people have not prepared their wills
If residents of Nevada match the national average, then approximately 60% of them have not done any estate planning. A recent survey indicates that only four out of every ten adults in the U.S. have a will. While this could be due to the fact that many people believe they do not have enough assets…
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