Should you discuss estate planning with your aging parents?
No one wants to have a conversation about death and inheritance with their loved ones. However, this is one conversation that should happen. Making sure that your parents have an estate plan in place is quite important. If they do not, it could complicate your future...
Can you use your estate plan to promote education?
You have always valued education. You passed that view on to your children, and you hope that your grandchildren will have the same love of learning. You know that the world can be improved dramatically with increased education, and you’re doing your part. As you set...
Should you sell your home before you die to avoid probate?
If you keep your home until you pass away, the home will likely pass through probate. Many times, multiple adult children do not want to keep their parents’ home and have no use for it. Instead, they opt to sell the house and split up the money that they bring in. ...
5 commonly forgotten assets to include in an estate plan
When you’re building your estate plan, there are some common mistakes that you should watch out for. Forgetting to include certain assets in the estate plan could negatively impact you or your family in the future, so it’s important not to miss them. Here are five...
What is the purpose of a living will and why should you have one?
A living will is a written, legal document that explains medical treatment you would and would not want to be used to keep you alive, as well as other wishes for other medical decisions, such as pain management and organ donation. The state of Nevada requires the...
Is the will you created in another state valid here in Nevada?
While many individuals stay put in the same place their whole life, others relocate from one state to another. This can mean that you have a will that you developed when you were living in another state. Questions may arise as to the validity of a person's will once...
Is it too early to start thinking about estate planning?
Far too often, individuals assume that estate planning is best left to those who have reached a certain age or achieved a certain level of financial security. In fact, estate planning should be completely independent of your age, health or wealth. No matter your...
4 things to know before writing your will in Nevada
Writing a will is one of the most important things you will do in your life to ensure your loved ones are taken care of if you should pass away. In Nevada, if you pass away without a will, then the state will be forced to implement intestate succession laws. That...
Know these terms when you’re creating an estate plan
A person who’s creating an initial estate plan needs to ensure that it meets their current needs. As you’re working to get everything in order you’ll come across some very specific terms. Learning some of the more common terms can help you to understand things. Even...
The 5 biggest celebrity estate planning disasters
Celebrities may seem larger than life, but they’re not above making mistakes that impact their loved ones after they pass away. There have been dozens of celebrities who have passed without good estate plans in place, and the issues that arose as a result flooded the...