Posts Tagged ‘Surviving Spouse’

Couples without children face unique estate planning issues

For most Nevada couples who have children, deciding what to do with their estate does not take much thought. The main goal is to provide for their children after their death. However, estate planning can be a challenge for couples who do not have children. Just because a couple is childless hardly means that estate planning…

Getting married for the second time? Estate planning is a must

After a divorce, some Nevada residents believe they will never find love again. Fortunately, many people are fortunate enough to fall in love again. Getting married for a second time, however, means that estate planning takes on a new meaning, especially for those who have children from previous marriages. In many cases, spouses leave everything…

Understanding the tax ramifications of estate planning

When updating or creating an estate plan this year, taxes may be a concern for some Nevada residents. Understanding the tax ramifications of estate planning is essential to ensuring that heirs and beneficiaries receive the most benefit from an individual’s estate. The federal estate tax exemption and the gift tax exclusion may affect how people…

Final steps in estate planning to assist the surviving spouse

Many Nevada couples may have the necessary plans in place for the unfortunate event of one spouse’s death. Documents that form part of estate planning, like wills and trusts, are likely all under control and safely filed away. However, this is not necessarily where proper estate planning should stop. There are a few details couples…

Traditional estate planning may not serve today’s families

The structure of today’s families is not as cut-and-dry as it used to be. Numerous Nevada couples were married before and/or have children from a prior relationship. As a result, traditional estate planning most likely will not meet the desires and goals of an individual. The traditional path of succession after one spouse dies is…