Many things need to be considered in setting up trusts. Of the many questions to be considered, one of the most difficult might be turning over money decisions to someone who doesn't have an emotional tie to the family. Nevada residents, however, have a lot of...
Have you checked on your beneficiary designations lately?
The image of a dusty will being pulled from a dresser drawer that had been its home for several decades might be good for a movie, but it isn’t good when it comes to actually probating that will. The truth is that the best estate plans are as organic as our...
Long-term care and estate planning can be confusing and somewhat scary for aging Clark County residents. Understanding what the future holds in terms of paying for healthcare for yourself and providing an inheritance for those you love can ease those qualms. For some,...
Estate planning is important for all Nevada adults
Estate planning is something most people don't really like to think about. Often, young adults do not realize the importance of an estate plan. However, estate planning can be essential in the event that a Nevada resident needs to have medical decisions made for them,...
Making the most of contributions to college savings plans
Tax savings is a particularly good incentive for contributing to 529 college savings plans. But while parents will wish to get the most out of the gifting and financing provided towards their children's education, they may not be taking full advantage of their...
Residents of Clark, Nevada, are probably familiar with the fact that national companies sometimes move certain operations or assets overseas to reduce tax burdens. Individuals who have accrued a certain amount of wealth can mimic this tactic by creating trusts in...
There are so many decisions to be made in day-to-day living that many people shift planning for the future to the back burner. This is especially true when it comes to less-enticing discussions, such as those related to future health care decisions. Taking the time to...
Wills and other end-of-life planning documents are a good idea for any individual. You don't have to be rich to see a benefit in estate planning. In fact, according to an Allianz Life Insurance survey, many baby boomers place value on things that have nothing to do...
Revisiting one’s estate planning needs
Even with all the information available concerning the necessity of certain estate planning tools, there are still many Las Vegas residents that may die without having a valid will in place. The problem with not having a will in place is that one's assets may...
Most Nevada residents aren't rushing to perform estate-planning duties, and reticence in such matters is understandable. The creation of wills, trusts and other estate-related items causes individuals to consider things that can seem depressing. On the other hand,...