Major Nevada estate planning mistake easily avoided
Throughout one's lifetime, a variety of opportunities arise in which a beneficiary is named. Insurance policies, bank accounts and even retirement accounts all typically require beneficiary information. As a Nevada resident goes through the estate planning process,...
Many things need to be considered in setting up trusts. Of the many questions to be considered, one of the most difficult might be turning over money decisions to someone who doesn't have an emotional tie to the family. Nevada residents, however, have a lot of...
Check out our TV appearance on ABC – Channel 13 – Morning Blend
Basic information regarding Wills We recently appeared on Channel 13 - ABC - Morning Blend to discuss Estate Planning options for the Las Vegas Valley! Check out the link above to see the show clip.
Have you checked on your beneficiary designations lately?
The image of a dusty will being pulled from a dresser drawer that had been its home for several decades might be good for a movie, but it isn’t good when it comes to actually probating that will. The truth is that the best estate plans are as organic as our...
Updating wills can prevent flaws in estate administration
Life can get very busy, so it's understandable how important issues can unintentionally fall through the cracks. However, taking the time to create a will and estate plan can prove to be very worthwhile. Not only does it give piece of mind to the individual who...
More people include pets in their last will and testament
Traditionally, a Nevada will is used to allocate gifts of money to others -- like family members or good friends. Charities and non-profit organizations are also commonly mentioned in many wills as recipients of financial bequests. A recent trend, followed by many...
Long-term care and estate planning can be confusing and somewhat scary for aging Clark County residents. Understanding what the future holds in terms of paying for healthcare for yourself and providing an inheritance for those you love can ease those qualms. For some,...
Estate planning is important for all Nevada adults
Estate planning is something most people don't really like to think about. Often, young adults do not realize the importance of an estate plan. However, estate planning can be essential in the event that a Nevada resident needs to have medical decisions made for them,...
A funeral trust gives testator control and family time to grieve
A trust is one of the most flexible estate planning tools available. Do you want to make sure your dog is taken care of after your death? Do you need to set money aside to support a child with special needs? Do you want to avoid taxes on large bequests to charities?...
Making the most of contributions to college savings plans
Tax savings is a particularly good incentive for contributing to 529 college savings plans. But while parents will wish to get the most out of the gifting and financing provided towards their children's education, they may not be taking full advantage of their...