Estate Planning

Although it is important for business owners to focus on day-to-day operations, it is also necessary for them to make plans in case they are suddenly no longer able to operate. Nevada entrepreneurs may want to know about estate planning tips that they can use to...

When done properly, a good estate plan helps Nevada residents have control of their assets while they are alive and after they die. It will also provide a plan of action in the event that they become mentally incapacitated. However, an estate plan may provide for more...

Nevada residents creating an estate plan will typically want to be as thorough as possible in listing their assets and the manner in which they will be distributed after they die. However, a last will and testament may not be the last word in some cases. Probate is a...

Owning property in Nevada and another state may offer people the flexibility to live their chosen lifestyle. However, it may cause estate planning issues that need to be addressed. For instance, it may be necessary to pay estate taxes on the state level even when...

It is impossible to predict the future within any degree of certainty, but it is possible to plan for contingencies. Any person might experience a serious illness or suffer an injury in a future accident, and a guardianship is a practical and prudent way to protect...

People who are working on an estate plan might think primarily about who they want to pass assets on to. However, increasingly, there is another important area that they need to consider, and that is their life online. While Facebook, Google and other online companies...

Some Nevadans may believe that they do not need estate plans because they do not have large estates. Unfortunately, this is a common misconception. Estate plans really involve planning for death and the future of one's personal assets. They can also help people to...

Nevada residents who have gone through divorce and remarriage may find it important to take a fresh look at their estate plans. Life insurance policies and retirement accounts, for example, could inadvertently be ignored after marital changes. This could result in an...

People in Nevada who inherit large sums of money may end up squandering their newfound wealth. A Williams Group study determined that 70 percent of wealthy families do not maintain their wealth into the second generation. The same study showed that 90 percent of those...