Contesting wills in Nevada
When a person passes away and they have a will that outlines the execution of their estate, that document must pass through probate. However, in Nevada, the will may be contested prior to probate by any person, and the process of contesting and defending the document...
Value of estate determines form of probate
Under Nevada law, if a person dies with a will and assets, including real property or having a value of more than $20,000, his or her estate must be submitted to probate. Probate is the court-supervised process whereby a person's will is validated or challenged and...
Handling debts after death in Nevada
When a person passes away, heirs might wonder if they are liable for his or her debts. In most cases, the answer to that question is no. However, there are certain circumstances where a person's survivors might be held responsible for an unpaid balance. Creditors may...
How Nevada residents can protect digital content after death
What happens to a person's digital assets after he or she dies? One family had to fight Yahoo for the right to access their deceased son's emails that he wrote while in the military. The case took a year to resolve although the family ultimately won the right to...
Liability for credit card debt when cardholder dies
If a Nevada resident dies with an outstanding credit card balance, what happens to that obligation? The answer to that question depends on the circumstances surrounding the balance and if that person was the only one who was obligated to repay that debt. In most...
Concerns regarding assets during the probate process
There are a number of circumstances where a will may need to be validated prior to anyone being able to act upon it. It will then be through the process of probate that a will can be validated.Anyone connected to a particular will obviously will wish to avoid problems...
Heirs sell large private citrus company after tax code change
For anyone involved in estate administration & probate, there may be some assumptions about the future. Las Vegas residents in the beginning stages of estate planning may assume that companies and assets will stay in the family and provide for heirs for...
Becoming a caregiver is a major financial decision
As our population gets older, more and more people -- from Las Vegas, Nevada to the far reaches of Maine -- will be caring for their elderly parents. This is undeniable given a recent report by the Pew Research Center, which found that in 2010, roughly 30 percent of...