Estate plan tips for single parents
For single parents in Nevada and elsewhere, it is important to have an estate plan in place. This is because a minor child will still need to be cared for in the event that a mother or father passes on. An estate plan may allow a parent to determine who the child's...
Carrie Fisher’s executor asks to distribute assets
Movie buffs in Nevada remember Carrie Fisher from her roles in Star Wars and other memorable movies. According to Fisher's executor, her estate is worth $6.8 million, and he asked that the estate become part of the Carrie Fisher Living Trust. Her executor is the...
Do you need additions to your existing estate plan?
If you have an estate plan, you may assume that you have all the protection you may need for the future. While a basic will or a trust can help you protect your family's financial interests, there are steps you can take to ensure you address your health care needs as...
Mistakes to avoid when creating an estate plan
While estate planning is important for all adults in Nevada, it is critical to do so properly. A common mistake that people make is to leave assets directly to minors. A better idea is to leave the asset to a trust that a minor child or grandchild is the beneficiary...
Anticipating family conflict and creating an estate plan
One of the biggest challenges for some people in Nevada who are creating an estate plan may be dealing with family dynamics. If not attended to, conflict can lead to litigation, and ultimately, a person's wishes may not be carried out. However, there are steps that...
Tips for avoiding common estate planning mistakes
One common error people in Nevada might make regarding an estate plan is having one that family members cannot access. People may encrypt an estate plan on a computer or place it in a safe deposit box. An attorney may be able to help a person plan how to best store...
Estate plans cover a multitude of wishes
In Las Vegas, Nevada, the distribution of property is often part of a detailed estate plan. Although some people detest the thought of establishing estate plans, sound financial planning regarding estates can offer peace of mind. Some people avoid thinking about...
Does your estate plan include your pet?
You have likely seen the commercials that feature abandoned and abused dogs and cats left to survive and struggle on their own. These commercials often make pet owners pull their animals close and assure them such a thing will never happen to them because you love and...
Power of attorney is an essential estate planning tool
When many people in Las Vegas think of estate planning, they often imagine a will or trust. They would be correct in considering these to be the foundations of a proper estate plan. However, estate planning attorneys may advise that other documents are just as...
Potential estate planning risks associated with online wills
Some people in Nevada are ardent do-it-yourselfers when it comes to everything from household tasks to taxes. But a DIY approach to preparing a will could contribute to some oversights or missteps that may be problematic for loved ones left behind. One potential...