Estate Planning

Many people in Nevada create trusts as part of a comprehensive estate plan to leave their assets to beneficiaries. An important part of this process is putting assets into the trust. A living trust is usually designed to help manage assets during a disability and help...

If one of your goals for the end of the year is to complete your estate planning, you may be like many who believe you can accomplish this simply by drafting a will. However, there are situations in which a will is inadequate. If you have complex assets or complicated...

Nevada residents who are fans of Stan Lee may still be mourning his death. However, there are estate planning lessons that can be learned from his passing. The first lesson is that an estate plan needs to be reviewed as a person ages. Another lesson is that it is...

Growing up, you may have had a loved one that was always buying new items. You did not think too much about his or her financial situation as it was well known that your family member was wealthy. This person may have even been a parent of yours, and you may have...

Estate planning in Nevada is a continuing process. For many people, there is follow-up required even after a will has been drafted and trusts, living wills or powers of attorney have been established. People should make sure that beneficiaries are properly designated,...

People in Nevada who are creating an estate plan might be concerned about what will become of their assets after their death and ensuring that their children and other family members are taken care of. However, if they have beloved pets, they may also want to make...

Like most states, Nevada has a law in place that allows executors to manage digital assets just as they would manage more traditional assets, but people who are creating an estate plan with digital assets still have to make the right legal and technical arrangements....

The main reason many Nevada residents may create an estate plan is to implement tax-saving strategies that can limit the estate taxes their heirs may have to pay. However, there are other, non-tax reasons estate planning should be used.With the proper estate plan in...

When Nevada residents think about planning for the future, they may be concerned about how estate taxes could affect the beneficiaries of their estates. There are a number of ways that people can help to reduce the tax burden by taking some steps to plan ahead. One of...

For parents in Nevada whose children have special needs, it is important to create an estate plan. In many ways, this estate plan is not very different from the estate plan anyone else would create. The parents still need to consider the same essential components...