Unmarried couples benefit from estate planning
Unmarried couples in Nevada and throughout the United States might not prioritize estate planning. The most common reasons people give for not doing so is not having children and not being married. It turns out that estate planning is just as important for people who...
4 questions you may have about estate planning
At some point in your life, you have likely considered the inevitability of your own demise. Though this type of idea can sometimes prove difficult to think about, death happens to everyone. Because of this natural and unavoidable outcome, you may have also wondered...
Family communication important in estate planning
When Nevada residents are planning their estate, including their heirs in the process can be a critical part of a successful outcome. These types of conversations can be emotionally challenging, but for people with substantial assets, doing so is important for...
Same-sex couples and estate planning
There are a number of benefits estate planning can provide to Nevada residents. However, same-sex couples may be presented with certain situations that may require more careful consideration. If estranged same-sex couples have been previously married, they should...
Second marriages complicate estate plans
When a Nevada resident gets remarried, the second marriage could represent a new chance at family happiness, but it also means his or her estate plan should be updated. Subsequent marriages often create blended families with both spouses having children from other...
Unless you execute a plan, you can’t choose an estate heir
Do you ever hear people talking about someone in their 50's and think to yourself that 50 sounds light years away, then suddenly realize it's right around the corner in your own life? It's not uncommon, as people often feel younger in their minds than they are in...
How an estate tax repeal might affect planning
Nevada residents whose estates are large enough to worry about federal estate tax will probably want to review their estate plan if there is an estate tax repeal. For most people who expect to owe estate tax, devising ways to reduce the value of the estate and bring...
Analyzing the effectiveness of an estate plan
Nevada residents who are creating an estate plan may want to consider an estate analysis and a settlement cost analysis. The former reviews the current arrangements to make sure they are consistent and effective. For example, an estate analysis could reveal that a...
Certain life events are inevitable. Will your estate be prepared?
Recent studies indicate that as many as 60 percent of individuals who are nearing the age of retirement don't have a will in place. Perhaps you have loved ones that you wish to provide for in the event of your death, but you haven't found time to write a will. Maybe...
Protecting assets for heirs
Many Nevada residents who have substantial assets to pass to their children or grandchildren should be aware of what steps to take to ensure that their wealth is allocated in the manner they prefer. It may be beneficial for individuals to have a financial advisor work...

