Who will make medical decisions if I am too ill to do so myself?
As an adult, you get to make decisions for yourself, which children do not always get to do. You can choose which doctor or hospital you go to, what medication or operation you will accept and more. Yet, a severe illness or injury could leave you unable to either make...
Should you sell your home before you die to avoid probate?
If you keep your home until you pass away, the home will likely pass through probate. Many times, multiple adult children do not want to keep their parents’ home and have no use for it. Instead, they opt to sell the house and split up the money that they bring in. ...
Troublesome heirs: A guide for executors
When you agreed to be the executor of your friend’s or relative’s estate, you were prepared for the time, effort and energy that the job entails. You weren’t so prepared, however, for the heirs. Whether they’re anxious about the dollar amounts involved in their...
5 commonly forgotten assets to include in an estate plan
When you’re building your estate plan, there are some common mistakes that you should watch out for. Forgetting to include certain assets in the estate plan could negatively impact you or your family in the future, so it’s important not to miss them. Here are five...
5 things that happen during probate
The probate process is often a bit misunderstood, or at least not fully understood. This can make the whole thing feel a bit more confusing than it actually should, and it can lead to avoidable errors. To help you avoid such an outcome, let’s take a moment to break...
Establishing a trust for your special needs child
One of the top concerns for families in Nevada is ensuring that their heirs remain provided for after they’re gone. For those with special needs children, this concern is even greater. Estate planning can empower you to achieve this goal. In turn, you can rest easy in...
What is the purpose of a living will and why should you have one?
A living will is a written, legal document that explains medical treatment you would and would not want to be used to keep you alive, as well as other wishes for other medical decisions, such as pain management and organ donation. The state of Nevada requires the...
Is the will you created in another state valid here in Nevada?
While many individuals stay put in the same place their whole life, others relocate from one state to another. This can mean that you have a will that you developed when you were living in another state. Questions may arise as to the validity of a person's will once...
Is it too early to start thinking about estate planning?
Far too often, individuals assume that estate planning is best left to those who have reached a certain age or achieved a certain level of financial security. In fact, estate planning should be completely independent of your age, health or wealth. No matter your...
How long do creditors have to bring claims against an estate?
As executor of an estate, you have a lot of responsibilities. You have to secure the property of the deceased and communicate with all of their family members. You need to file paperwork with the probate courts and eventually distribute property to the various heirs...