Powers of attorney may require periodic updates
Powers of attorney are among the most useful, flexible instruments in estate planning law. Legislative changes in Nevada and across the country, though, have given health care providers and financial institutions new reasons to reject them. There are steps that...
How to preserve powers of attorney
Las Vegas residents may benefit from having both medical and financial powers of attorney as part of their estate plan. These documents allow an individual to appoint someone to handle his or her affairs if that person cannot. However, changes to the law may result in...
About disability planning
When creating an estate plan, Nevada residents should include the possibility of having a disability. Planning for disability can limit confusion among family members and ensure that one's assets are protected while they are incapacitated.A financial power of attorney...
Why a will matters even for people without heirs
Single and childless people in Nevada might wonder what kind of an estate plan they need. In addition to deciding who to leave their assets to, they may also want to think about who will manage their health care and financial affairs if they become incapacitated. If a...
Letters of final wishes can comfort and help families
Nevada lawyers with experience in estate planning draft wills, trusts and powers of attorney for their clients, but there is one very important document that is not written by an attorney. Letters of final wishes have no legal standing and do not influence how assets...
Appointing care agents may be in your best interest
Throughout your life, you likely have become ill or injured multiple times. During these times, you probably had a family member or other loved one available to help take care of you. On the other hand, you may have provided the care for a sick or injured loved one....
The importance of living wills and powers of attorney
Both living wills and powers of attorney are vital documents for proper health care planning in Nevada. However, it is important to note that they have two distinct purposes as part of an estate plan. A living will is a document that spells out what should happen to...
Why married people should have powers of attorney
Married Nevada residents sometimes think that they do not need to worry about having powers of attorney in place since their spouses can step in to make the important decisions for them if they become incapacitated. However, there are important reasons for them to...
Making timely decisions about power of attorney duties
Nevada residents who become mentally incapable of managing their affairs could face some serious difficulties if there is not a valid power of attorney in place. Although this issue might seem like an end-of-life matter, the reality is that people of all ages can be...
The importance of estate planning in Nevada
Alzheimer's disease and dementia can make elderly individuals unable to handle their own finances or even make choices about their care. This will not happen to everyone, but it is important for people to create estate planning documents that ensure that they can be...