Probate And Estate Administration

A family's agricultural business can be a great source of pride, but these entities face challenges when passed from one generation to the next. New leadership must be chosen carefully to ensure continued business success, and the threat of estate taxes after an...

When an individual passes in Nevada, the executor of the estate should determine if that person's estate has any outstanding debt balances. From there, the executor must decide when and how to pay them. It may also be necessary to contact creditors to tell them about...

Probate is a procedure that is designed to ensure that a deceased person's will is being honored. However, it can be a lengthy and costly process. Residents in Nevada who want their beneficiaries to access to their assets without any hassle after they die may want to...

People in Nevada who have been designated as executors of their loved ones' estates might be wondering about the responsibilities it will entail. The first thing an executor should do is order at least 10 death certificates from the funeral director because this...

Not all Nevada residents leave extra money behind when they die. Many people have outstanding debts, and settling them could deplete a decedent's entire estate. After a person dies, the executor or court-appointed administrator will be responsible for verifying all of...

Las Vegas residents who enjoyed Bobby Vee's music may be interested to learn that two of Vee's children alleged that their siblings mishandled estate funds. Vee, whose birth name was Robert Velline, died on Oct. 24, 2016, after suffering from Alzheimer's disease. Two...

Probate can be a lengthy and expensive legal process that can make heirs wait up to years to receive ownership of assets that were bequeathed to them. Individuals in Nevada can take certain steps avoid probate so that their beneficiaries will not have to endure the...

After the death of a loved one, it is possible that his or her estate will go through the probate process. Probate establishes the validity of a will, identifies the assets included as part of the estate, appraises the value of the property and pays outstanding debts....

Probate courts in Nevada and around the country have two primary functions with respect to a decedent's estate. If a person dies without a will, the court will apply the state's laws governing intestacy to determine who should receive the estate's assets. When,...

Before getting married, Nevada residents might want to review their estate plan. This may be particularly important for people who have children from a previous relationship or who have been married before. They may need to adjust their will and their beneficiary...