Month: September 2014

Common misconceptions about trusts

A trust may be used to help protect a Nevada resident's assets as well as provide a degree of privacy after the grantor dies. Unlike a will, the use of a trust helps to avoid expensive and public probate proceedings. However, many people think that such an estate...

read more

There are several forms that individuals should consider completing regarding health care when planning for end-of-life care. A Durable Powers of Attorney for Health Care Decisions can be filed with the state Lockbox. That document allows you to identify someone who...

read more

Handling debts after death in Nevada

When a person passes away, heirs might wonder if they are liable for his or her debts. In most cases, the answer to that question is no. However, there are certain circumstances where a person's survivors might be held responsible for an unpaid balance.Creditors may...

read more

Nevada residents who create trusts to protect assets for the future or for heirs often choose someone in the family as the trustee. Though it makes sense to select a person you know well and trust to manage issues if you are incapable of doing so or have passed away,...

read more