Estate Planning
Protecting heirs and beneficiaries through estate planning
Few people would want the state of Nevada deciding who will inherit their property after death. However, many of those same people do not realize that without estate planning, that is exactly what could happen. Statistics show that more than 50 percent of all of the people who pass away in the United States do…
Read MorePowers of attorney are crucial for every adult — young or old
When children reach the age of majority (typically the age of 18), their parents are no longer legally able to make decisions on their behalf. This means that every Nevada resident over the age of majority needs to have valid powers of attorney in place in the event that they become incapacitated — even temporarily. Do-it-yourself…
Read MoreIt is never too late for estate planning
Most people want to provide for their families after death and want to know that someone will act on their behalf if they become incapacitated. However, many people put off creating an estate plan. Some Nevada residents have the misfortune of knowing they are near death. Fortunately, however, this provides them with the opportunity to…
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 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…
Read MoreEstate planning includes more than just disposing of assets
When Nevada residents decide to take steps to provide for the disposition of their property after they pass away and their care in the event of incapacitation, they will be faced with many choices. Deciding who gets which assets might seem like a daunting task, but making an estate plan user friendly for those left…
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