Estate planning for young people in Nevada
The transition into a career or vocation can be exciting as independence and the ability to support oneself are realized. However, it's easy to focus on the perks of a professional life without giving much thought to future issues such as estate planning. Younger...
Questions to ask your estate planning attorney
In Nevada, estate planning can become complicated. As such, it is often wise to consult with an estate planning attorney to make sure you don’t miss anything. While a quality attorney will be able to answer your questions before you even ask them, there are a...
Questions to ask your estate planning attorney
In Nevada, estate planning can become complicated. As such, it is often wise to consult with an estate planning attorney to make sure you don’t miss anything. While a quality attorney will be able to answer your questions before you even ask them, there are a...
The benefits of naming a trustee from outside the family
When you create a trust in Nevada, it is crucial you pick a trusted individual to carry it out in the event of your death or incapacitation. This person is called the trustee. Often, you will pick a family member, such as a spouse or child, as the trustee. But there...
What are some mistakes to avoid when writing a will?
Individuals ignore writing a will for many different reasons, but it is a very important task to complete — and do so correctly. Your interests might not be adequately protected unless you have certain documents completed and established. At minimum, a rough...
Dynasty trusts can protect family assets for centuries to come
We all know at least one; the control freak, every minute of every day planned morning to midnight. And not just his own, but, if he had it his way, everyone he comes into contact with. You’d think he’ll even want to control things from beyond the grave.If...
The top must-have financial planning documents
Couples and individuals in Nevada may or may not have thought about what will happen to their estate when they pass away. Even those who have considered this scenario may not have all the proper documentation to ensure they and their heirs are properly taken care of...
Trust planning may help keep creditors away from your estate
As the “most interesting man in the world” might say: “I don’t always think about estate planning, but when I do, I think that everything I have will go to my family”. And, just as not everyone agrees with his choice of beer, many people...
Writing a will for a blended family
For Nevada residents, estate planning comes in many degrees of complexities. For some, it's as easy as leaving everything to their spouse and/or children. But others have more factors to consider, just as being in a blended family. This means you and/or your spouse...
Roth IRAs and probate
When you compose a will, it will typically go through the Nevada probate process. This allows for the document to be verified, debts to be paid off and assets to be distributed correctly. While this may seem like an essential process, it can often cause your will to...