Will your estate plan need to include a pour-over will?
When you created your trust, you likely transferred most of your assets to its ownership. This might have been a painstaking process, and whether on purpose or by mistake, you might have left property out of it. While it may not make sense to add these assets to your...
Can your leave your home in a 55+ community to your loved ones?
Many people choose to downsize to a smaller, easier-to-manage home once their children are grown and on their own. Residential areas known as 55+ communities have become very popular for those who haven’t yet reached the age where they need to be in assisted living...
Options exist for avoiding estate taxes
Accumulating a considerable amount of wealth over a lifetime can seem like a great accomplishment. You may have done your best to work hard, save, invest and take other measures that would allow you to live a more than comfortable lifestyle and have funds left over to...
Is probate necessary for your loved one’s estate?
When someone dies, many people think that the individual's estate must go through the probate process. However, that is not always the case. Ways exist for individuals to create their estate plans in a way that could allow them to avoid probate, but many...
Important tips for getting started on estate planning
Estate planning can cover a wide variety of topics. Though asset distribution after death is certainly something typically at the top of most Nevada residents' lists, it is not the only matter to consider. In fact, you may want to create a plan that addresses your...
Nevada estate planning: Which documents should you incorporate?
You might be one of many people in Nevada who prefers to avoid discussions about your own mortality. You'd rather focus on living your best life rather than talk about the inevitable fact that someday your life will end. While it's not your favorite topic, you may...
The DIY approach to estate planning is not the best option
Estate planning is a smart step for individuals of all income levels. Regardless of income, health status, age or marital status, you can benefit from having certain types of plans in place. You may assume that, since your estate plan shouldn't be too complicated or...
Planning for the future at every stage of life
It is not always easy to think about the future. After all, you probably don't want to think about what will happen if you pass away. You may even think this is not necessary if you are young and healthy or if you do not have a significant amount of income or valuable...
You may want to add one more document to your estate plan
When done right, estate planning can take some time since there are so many decisions to make. Choosing what to leave for particular heirs and beneficiaries, choosing an executor and/or trustee, and other issues often require some contemplation in order to make sure...
What objectives could your estate plan help you achieve?
The thought of simply forgoing estate planning may have crossed your mind more than once. After all, your children are grown and you do not have an extensive estate, so you would be fine without making plans in advance, right? For most people in Nevada and elsewhere,...

