Estate Planning

Prince's death on April 21 took many people in Nevada and elsewhere by surprise. In addition to the grief and mourning that followed, questions arose regarding who would inherit his estimated $300 million estate. It is unclear if the musician had an updated will,...

It is not uncommon for Nevada parents to want to leave disproportionate shares of their estates to some of their children while leaving less to others. This may be because a parent has a closer relationship with one child and a strained relationship with another. It...

Finances are often a delicate subject for many people in Nevada, but monetary issues combined with the loss of a parent can create new hassles. Parents prepare estate plans to make their wishes known and to hopefully make the process easier for loved ones, but they...

Nevada residents may think of estate planning as an important thing to do to protect their personal assets for their loved ones, but for small business owners, the process may be critical as well. Without proper planning, between taxes and claims from outside parties,...

Family disputes after the death of a loved one can lead to bitter Nevada court battles. They are particularly common when parents treat children differently in terms of bequests. Although there might be a valid reason for unequal bequests, this type of case is more...

After a Nevada parent dies, it is possible that adult children will quarrel among themselves over who gets what from an estate. However, these squabbles may be avoided with good communication from parents while they are still alive. Timely updates and regular...

A Nevada resident might think that the completion of a divorce is the end of the financial worry in a marriage. Nonetheless, it is necessary to review accounts such as one's pension, life insurance policies and investments to make updates in terms of beneficiaries....

Nevada fans of author Harper Lee may wonder who might inherit her estate following her recent death. It is not known what the estate is worth, but in 2009, according to paperwork from one of those lawsuits, in a six-month period, she made $1.7 million. Her second book...

Many Nevada residents put off preparing their estate plans because they do not want to think about their death. Some may also assume that based on their age or their current level of assets, they do not need to create a will. However, even younger individuals,...

Family changes can happen unexpectedly, and Nevada residents who fail to update beneficiary designations after such occurrences could create unfortunate results for their heirs. It is not enough to simply update a will or other parts of an estate plan without also...