Being in charge of settling a parent’s final affairs
Most people would love for their parents to live forever. The loss of a parent can be immensely difficult on any Nevada resident, and often, it is a surviving adult child who bears the responsibility of completing the probate process and ensuring that the parent's...
Why couples without kids need estate plans
Couples in Nevada and throughout the country have many reasons to create an estate plan even if they don't have children. For example, they could still have assets that they want to give to friends, family members or charitable organizations. A will can be a powerful...
Young people can benefit from estate planning
Younger people may not have put too much thought into planning for the future of their assets after they pass away. Many millennials do not yet have children, and others have accumulated little in terms of assets. While people may have investment accounts, many often...
Bring up estate planning after a loved one’s dementia diagnosis
When a loved one learns that he or she has a progressive condition like Alzheimer's disease, it can seem as if life has been turned on its head. You and other family members may worry about what this will mean for your family, and depending on the stage of the...
How to cut someone out of an estate plan
Those who live in Nevada or anywhere else may no longer have a close relationship with a child or other family member. In some cases, an individual may want to exclude that family member from an estate plan. If it becomes necessary to fully or partially disinherit...
Start estate planning by inventorying your assets
If you have recently decided to get started on your estate plan, congratulations. Making this decision can certainly seem intimidating, and far too many Nevada residents put it off until it is too late. Of course, you may still have some hesitations about moving...
Including digital assets in an estate plan
People in Nevada spend more time online than ever before, and an increasing portion of their financial lives are also conducted over the internet. However, many individuals do not think about digital assets when they begin to consider planning for the future. When...
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...
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...
Creating an estate plan in a blended family
People in Nevada who have remarried but have children from a previous marriage need to take steps to ensure that both their spouse and children are taken care of in the estate plan. A simple will is usually not sufficient in these situations. If a person leaves...