Posts by Ryan Johnson
Wills vs. trusts: Which Nevada estate planning method is best?
For the average person, estate planning is probably fairly confusing upfront. With so many options to choose from, it can be hard to determine what choices are best. From revocable and irrevocable trusts to asset protection to wills and heirs, the advice of an experienced Nevada estate planning attorney can prove invaluable. For many, one…
Read MoreNevada estate planning: Probate and nonprobate assets
Many Nevada residents may be familiar with the commonly held belief that probate is an thoroughly negative process, one that it is almost essential to avoid whenever possible. Often, individuals are told that the best way to avoid probate is to establish a trust with the help of an estate planning attorney. However, trusts are…
Read MoreThe growing necessity for digital asset estate planning in Nevada
Residents of Nevada who do not yet have a will or trust are most likely at least aware of the value of these documents. However, a newer aspect of estate planning is growing rapidly in importance. It’s one that some individuals may not yet have given much thought: digital assets. As people’s online existence becomes…
Read MoreEstablishing an adult guardianship or conservatorship in Nevada
Estate planning can take a variety of forms, from creating a last will and testament to establishing a revocable or irrevocable trust and more. For some Nevada families, though, a less common but equally important aspect of planning for the future involves something called an adult guardianship or conservatorship. With the help of a lawyer,…
Read MoreUpdating wills and trusts is an important part of estate planning
As time passes, circumstances change, as do opinions and relationships. Often, for residents of Nevada, this fact is reflected in how quickly estate planning documents like wills and trusts become outdated. Common advice holds that even an annual review of the documentation in an estate plan would not be too frequent. When it comes time…
Read MorePost-tax season a good time to consider estate planning in Nevada
The best time to start thinking about financial planning for the future is always right now. However, post-tax season tends to be an especially good time to consider estate planning, as many residents of Nevada have just taken stock of their finances. While there are many things to consider, there are a few items of…
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