Choosing an executor plays significant estate planning role
Your will may act as the staple of your estate plan. This document can provide instruction for various parts of your estate, most commonly the distribution of your assets. However, before your will and estate can go through the probate process, your executor must...
The benefits of estate planning
There are probably many Nevada residents who believe that they do not have to worry about estate planning because they're not concerned about estate taxes. For 2017, the federal estate tax exemption is $5.49 million per person and double that for married couples. In...
Estate planning tips to prevent conflict
An estate planning tool such as a will that does not clearly express the wishes of a decedent can result in confusion and conflict for families and heirs. Nevada residents may benefit from learning tips for how to make sure their estate is distributed according to...
What not to omit from a will
Creating a will is something that Las Vegas residents can do whenever they want. Regardless of when it is written, it should be as comprehensive as possible and provide alternative options should unexpected events occur. For instance, it may be a good idea to include...
Digital assets and estate planning
Nevada residents who are putting together an estate plan should remember to include digital assets. These may include everything from music to Bitcoins to domain names. While some digital assets are mainly of sentimental value, such as photographs, the average worth...
Appointing care agents may be in your best interest
Throughout your life, you likely have become ill or injured multiple times. During these times, you probably had a family member or other loved one available to help take care of you. On the other hand, you may have provided the care for a sick or injured loved one....
Unraveling false ideas concerning probate
For more than a decade, the attorneys at , have been assisting clients from the greater southern Nevada area with their estate planning needs. Throughout that time, we have seen that there are many false ideas floating around regarding...
How to keep an estate out of probate
Probate is a procedure that is designed to ensure that a deceased person's will is being honored. However, it can be a lengthy and costly process. Residents in Nevada who want their beneficiaries to access to their assets without any hassle after they die may want to...
The complexities of trust administration
Nevada residents who are responsible for administering trusts may find it to be confusing. It may be very complex, and designated trustees may find it to be overwhelming. If you are a trustee, your responsibilities include managing and distributing the assets held in...
Considerations when creating an estate plan
Although many people in Nevada would rather avoid thinking about what will happen after their death, it's important for individuals to have a will drawn up. When creating an estate plan, there are several ways to make the process easier and to ensure that a person's...