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...
Protect digital assets
For many Clark County residents, digital assets comprise a great deal of their daily interactions. They log onto their social media accounts on a daily basis, take pictures that they share online and even monitor their financial accounts online. Despite daily...
Challenging powers of attorney for incapacitated people
An issue that sometimes comes up in Nevada is when people are incapacitated at the time they change their will or name another as the executor of their estate. When this happens, family members may challenge the validity of the will through the court.If the person is...
The importance of powers of attorney in Nevada
As Nevada residents get older, they may start having problems making financial choices for themselves if they develop a mental condition, such as Alzheimer's or dementia. It is very important that a power of attorney is set up before this happens that will allow a...
Powers of attorney and trusts
Both the power of attorney designation and the formation of a trust are powerful estate planning tools that many principals use in Nevada. A trust can help provide detailed instructions on how a person's assets should be managed for the benefit of others. A power of...
Different forms of power of attorney
As people age, they tend to lose some of their cognitive function. Maybe their memory slips, or perhaps they find they cannot make financial and legal decisions for themselves. As such, it may be wise to grant a loved one or trusted advisor the power of...
What is the “equal dignities rule?”
To be legally effective, a power of attorney must adhere to specific guidelines and requirements as set forth under Nevada law, which we have addressed in earlier posts. As important to remember is that once a power of attorney is established, it must still follow...
Establishing a durable power of attorney for health care
When you are writing your living trust, it is vital to name someone who will make important health care decisions on your behalf, should you become incapacitated. This is called granting durable power of attorney for your healthcare. Being incapacitated is generally...
Gifting rules and powers of attorney in Nevada
A power of attorney is a very common estate planning document that people have in place in order to allow another person to make financial or other decisions on their behalf in the event they become incapacitated. If the person becomes incapacitated, the person who...

