Estate Administration & Probate
Nevada 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 MoreHow probate affects asset distribution in Nevada estate planning
Many Nevada residents may think a will is all that is necessary to ensure their loved ones are taken care of after their own death. However, when it comes to estate planning, probate is something that needs to be accounted for, as it will affect how assets are passed on. With or without a will,…
Read MoreNevada estate planning should account for digital assets
When most people hear the words “estate administration,” they traditionally think of things like wills and trusts, money and real estate. However, in today’s changing modern world, the focus of estate planning is changing to include digital assets as well. Something residents of Nevada might want to consider when preparing for their family’s future is…
Read MoreNevada estate planning: Wills vs. trusts
What is the difference between wills and trusts? Is one better than the other? For residents of Nevada considering estate planning, it helps to learn the differences between the two, so that they and their attorney can determine which may be more suited their specific needs. In essence, a will is a document prepared while…
Read MoreUnderstand the role of an executor before estate planning
Most Nevada residents are aware that the will is often considered the cornerstone of any estate plan. As such, the person who will serve as the executor of the will needs to be trustworthy and willing to serve. It might help those who are engaged in estate planning to understand the role of an executor…
Read MoreEstate planning can help simplify the probate process
Many Nevada residents may wonder if having an estate plan is worth it — especially if they are young. The fact is that the future is unpredictable, and any of us can be the victim of an accident or illness at any time. It is worth it to spare family and friends from having to…
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