Month: July 2016

Benefits of living trusts

Nevada residents who are planning to retire should be aware of the benefits of establishing a living trust. A revocable living trust makes it possible to designate assets that will be directly passed on to beneficiaries and avoid the cumbersome probate process. Assets...

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Beneficiary details matter

Experts recommend regular reviews of estate planning details, which should include an evaluation of beneficiary designations on retirement accounts as well as insurance policies. A Nevada resident who neglects this could leave certain assets vulnerable to loss based...

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How a will is contested

Nevada residents may wonder what is involved in the process of contesting a will. A will can be contested by any beneficiary or by a child, spouse or next of kin. If there was a previous will, beneficiaries of that may also contest the current will. There is usually a...

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