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 a power of attorney
People in Nevada who are working on their estate plan may want to consider including a financial power of attorney as part of that plan. A durable power of attorney grants immediate access to the principal's financial affairs while a springing power of attorney kicks...
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...
Termination of a power of attorney
People who have established a power of attorney or agents who have been granted powers to act under a power of attorney may have questions regarding when the power may terminate. Several circumstances can result in the termination of a previously granted power of...

