Millennials may want to plan for incapacitation
When people hear references to the Millennial generation, they may think of young kids attached to their smartphones. However, if you are between the ages of 23 to 37, you fall into the category of the Millennial generation. While you may still have a great deal of...
Estate planning after an Alzheimer’s diagnosis
There are certain steps people in Nevada and their loved ones may need to take after a diagnosis of Alzheimer's. According to the Alzheimer's Association, it is the country's most expensive disease. Making plans after an Alzheimer's diagnosis involves both financial...
Are you worried about power of attorney abuse?
When considering your estate plan, it can be immensely beneficial for you to determine who you might want to act as your power of attorney agent. Appointing an agent could save much time, effort and emotional turmoil in the event that you suddenly become incapacitated...
Final arrangement plans need not be included in will
People in Nevada who are putting their wills together sometimes wonder whether or not the document should address the handling of their final arrangements. While it was once commonplace to include funeral instructions or other plans for final arrangements in the will,...
Why married people still need powers of attorney
There are two types of powers of attorney that Nevada residents may need even if they are married. A medical power of attorney gives someone the ability to make medical decisions on a person's behalf if that person becomes incapacitated. A financial power of attorney...
Planning for long-term care without family
People in Nevada who do not have immediate or close family members still need an estate plan. An important part of this plan is appointing people to manage one's financial and healthcare decisions in case of incapacity.If a person does not have the necessary documents...
The importance of powers of attorney
Nevada residents may understand how important an estate plan is. They may also be making common yet costly mistakes that could make it difficult to carry out their wishes. One of those mistakes is not reviewing plan documents on a regular basis. Generally speaking,...
Important steps for powers of attorney
Careful estate planning is a necessary part of how Nevada residents can make sure their interests are protected. They should take steps now to make plans for unexpected situations in which they may not be able to make important decisions on their own. Having legal...
Estate planning in case of becoming incapacitated
Some people in Nevada may think of estate planning as only involving how they will transfer assets to beneficiaries. While this is an important aspect of it, it also is important that a person arranges to be cared for in the case of incapacity. This involves both...
Why a married person may need powers of attorney
A power of attorney makes it possible for a person to have his or her wishes met while incapacitated. Nevada residents who create a power of attorney will draft such documents while they are still of sound mind. If a person is married, a spouse generally has the...