Estate planning requirements differ based on U.S. citizenship
Nevada, as well as the rest of the United States, is becoming more and more of a global economy. In addition to the abundance of American companies, there are a number of foreign-owned corporations that often import executives to work in the United States. At times,...
Families don't always agree. As personalities interact, it can be really hard to reach common ground on issues such as what mother meant to do or dad's plan for the family heirlooms. People in Nevada may be the best planners in the world. But, when it comes to wills...
Establishing a power of attorney now is usually a good idea
The majority of young or even middle age adults often give little thought to the need for a power of attorney. They are busy working and building their nest egg for their retirement years. This time of life centers on family and business. However, even these Nevada...
Granting power of attorney can make final affairs easier
Most individuals assume that they will be able to make their own financial and medical decisions for many years. The thought of being unable to do so just doesn't seem possible. However, in today's fast-paced world, the unthinkable can happen very quickly. Suddenly, a...
Who is preparing the living trust and other documents?
As people age, they often begin to think about their future and what they will leave behind for their loved ones. Decisions made regarding these issues can be both financial and emotional ones. When emotions come into play, it becomes easier for a scam artist to...
In states across America, the senior population is spending thousands of dollars in savings on wills, living trusts and related legal documents. A big selling point of these legal services is the claim that these documents are prepared by a licensed estate planning...
A revocable living trust may be more beneficial than probate
As individuals begin to think about transferring assets upon death, many questions arise regarding the best way in which to do this. Many Nevada residents recognize the need to make these decisions; however, there is often confusion surrounding which way would be most...
Many Nevada residents have personal interest in organizations or charities in the area. Some people donate regularly throughout life to various groups and causes, so it's not surprising that individuals may want to continue their philanthropy even after death. When...
Estate planning is crucial regardless of the size of the estate
The average American, and the average resident of Nevada, falls in what many consider to be the middle class. Many of these individuals often feel that because they do not have a large estate, estate planning is not really necessary. Regardless of the size of the...
There is no reason to be intimidated by the idea of planning for your financial future. The peace of mind you achieve by doing so is worth the time invested in estate planning, and using the right tools can increase the positive benefits of estate administration. In...