Estate Planning

During your marriage, you may have expected your spouse to stick with you until the end. As a result, many decisions made during your estate planning process may have hinged on your spouse acting as beneficiary to your property or as agent in decision-making...

Nevada residents may be able to learn a lesson from the play "The Summoning of Everyman." It is an allegory about humanity and how the only thing a person has left when he or she dies is that person's good deeds. When it comes to estate planning, the lesson from this...

Some people in Nevada who are creating an estate plan may think mainly in terms of financial assets. However, this is only one part of what a person could pass on to loved ones. People also have legacies, which consist of things such as family traditions, beliefs,...

Estate plans are not just for people that have substantial wealth. Nevada residents that have any type of assets should have an estate plan in place to ensure that their possessions will be disbursed according to their wishes when they are gone. A well-designed estate...

Trusts are a commonly used tool in estate planning. There are many types of trusts Nevada residents may choose from when they are evaluating their estate planning options.A qualified domestic trust may be used when the trustee is a United States citizen, and his or...

When couples in Nevada decide to divorce, they are often concerned with immediate issues such as child custody, support payments and the division of assets. One area that may be overlooked is that of estate planning. It is essential that couples review their estate...

Nevada residents can use a variety of estate planning tools to dictate how specified assets should be handled in the event of their death. However, they should be aware that written provisions should be made for their other personal property as well.What happens to...

Many Nevada residents assume their estate plan will be a straightforward one. While this is often true for individuals with modest assets and an uncomplicated family life, people who have been married more than once, who own a business or who have significant assets...

Nevada residents may have trouble talking about money with family members. In some parts of the country, it may not be socially acceptable to do so. However, it may be a good idea to have that conversation with adult children and younger family members. It is...

Nevada residents who are creating an estate plan may need more than just a will. Assets such as life insurance policies, annuities, individual retirement accounts and transfer-on-death or payable-on-death accounts are passed on to heirs using beneficiary designations....