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One of the primary reasons testators sit down to draft their will is to ensure that it's clear what they'd like to happen with their assets after they're gone. Testators generally think that, by having a will in place, things can be transferred more quickly to their...
In some situations, inheriting property from your parents or other relatives may be more than a godsend. However, in other circumstances, it may be a burden. And if that property or properties are in other states, matters can grow mildly complicated, but also be...
Glance through any estate planning guide, and you'll see plenty of information about what attributes a good executor should have, including things like trustworthiness, intelligence and organizational skills. But what attributes automatically make someone a poor...
You have always valued education. You passed that view on to your children, and you hope that your grandchildren will have the same love of learning. You know that the world can be improved dramatically with increased education, and you’re doing your part. As you set...
If you keep your home until you pass away, the home will likely pass through probate. Many times, multiple adult children do not want to keep their parents’ home and have no use for it. Instead, they opt to sell the house and split up the money that they bring in. ...
When you’re building your estate plan, there are some common mistakes that you should watch out for. Forgetting to include certain assets in the estate plan could negatively impact you or your family in the future, so it’s important not to miss them. Here are five...
The probate process is often a bit misunderstood, or at least not fully understood. This can make the whole thing feel a bit more confusing than it actually should, and it can lead to avoidable errors. To help you avoid such an outcome, let’s take a moment to break...
A living will is a written, legal document that explains medical treatment you would and would not want to be used to keep you alive, as well as other wishes for other medical decisions, such as pain management and organ donation. The state of Nevada requires the...
Far too often, individuals assume that estate planning is best left to those who have reached a certain age or achieved a certain level of financial security. In fact, estate planning should be completely independent of your age, health or wealth. No matter your...
As executor of an estate, you have a lot of responsibilities. You have to secure the property of the deceased and communicate with all of their family members. You need to file paperwork with the probate courts and eventually distribute property to the various heirs...