Estate plans and the Build Back Better Act
The Build Back Better Act is moving through Congress, and it could very well be signed into law by the end of the year. Understanding what this could mean for your estate plan is important, whether you’ve already a plan in place or haven’t yet started. Key changes...
What can you do if you inherit property in Nevada but live elsewhere?
Nevada is a popular destination for modern retirees. The climate is excellent for those with weather-aggravated medical conditions like arthritis. Plenty of entertainment options and short-range travel opportunities also make Nevada a great place for people to enjoy...
Can your estate plan benefit from a “Titanic clause?”
One of the reasons that too many people put off setting up an estate plan is that it requires them to contemplate their own death. If you and your spouse are beginning to work on your estate plan, it’s crucial to consider that you could potentially die at the same...
Details to include in your will to streamline the probate process
One of the primary reasons testators sit down to draft their will is to ensure that it's clear what they'd like to happen with their assets after they're gone. Testators generally think that, by having a will in place, things can be transferred more quickly to their...
3 kinds of taxes you may need to address during probate
As the executor of an estate, you have to find and make sense of the will, file paperwork with the probate courts, notify creditors and hand out property. You also have an obligation to handle the taxes of your deceased loved one. There are actually numerous different...
Available options if you inherit property outside of Nevada
In some situations, inheriting property from your parents or other relatives may be more than a godsend. However, in other circumstances, it may be a burden. And if that property or properties are in other states, matters can grow mildly complicated, but also be...
What attributes should you avoid when picking your estate’s executor?
Glance through any estate planning guide, and you'll see plenty of information about what attributes a good executor should have, including things like trustworthiness, intelligence and organizational skills. But what attributes automatically make someone a poor...