Will your estate need to go through ancillary probate?
You’ve always been a bit of a wanderer and found it hard to put down roots in just one place. That’s why you have a summer home, a winter home and a small cabin retreat – all in different parts of the country. That can prove complicated for your heirs when it comes...
How do executors provide creditors with notice of the estate?
Serving as the executor of someone's estate means taking on numerous responsibilities. An executor must disclose the contents of the will to family members. They have to oversee probate proceedings and distribute assets to beneficiaries. Their role also requires that...
Don’t remove items from a home before probate
When a parent passes away, adult children may return to the childhood home. It’s an emotional, sentimental time. They see those familiar rooms where they ate dinner, watched movies and grew up with their parents. The house feels strangely empty and quiet. It really...
Are there any advantages of going through probate in Nevada?
The definition of probate is simple. It is essentially a court process to prove that a person’s will was signed and executed legally. However, the probate process remains poorly understood across the nation, including here in Las Vegas, Nevada. If asked, nearly...
Why might probate take longer than you think?
When an estate passes through probate, it offers security, helping your family feel everything has been handled correctly as the deceased intended. Yet, some people prefer to avoid it because it can cause delays to the distribution of the estate. How someone creates...
What can you do if you inherit property in Nevada but live elsewhere?
Nevada is a popular destination for modern retirees. The climate is excellent for those with weather-aggravated medical conditions like arthritis. Plenty of entertainment options and short-range travel opportunities also make Nevada a great place for people to enjoy...
Details to include in your will to streamline the probate process
One of the primary reasons testators sit down to draft their will is to ensure that it's clear what they'd like to happen with their assets after they're gone. Testators generally think that, by having a will in place, things can be transferred more quickly to their...
3 kinds of taxes you may need to address during probate
As the executor of an estate, you have to find and make sense of the will, file paperwork with the probate courts, notify creditors and hand out property. You also have an obligation to handle the taxes of your deceased loved one. There are actually numerous different...
Available options if you inherit property outside of Nevada
In some situations, inheriting property from your parents or other relatives may be more than a godsend. However, in other circumstances, it may be a burden. And if that property or properties are in other states, matters can grow mildly complicated, but also be...
Troublesome heirs: A guide for executors
When you agreed to be the executor of your friend’s or relative’s estate, you were prepared for the time, effort and energy that the job entails. You weren’t so prepared, however, for the heirs. Whether they’re anxious about the dollar amounts involved in their...