Trusts

Some people in Nevada who are creating an estate plan might want to use a revocable trust. Passing assets to beneficiaries using a revocable trust may be more private, less expensive and easier than using a will because a trust does not have to go through the public...

A trust may be an effective tool for Nevada residents to manage their assets well into the future. However, a trust can end for a variety of reasons. First, the trust may end because the assets inside of it have been used up. This may happen if money has been paid out...

A recent study by the Centers for Disease Control and Prevention reported that about one in five adults has some type of incapacitating disability. Some may have profound impediments and others less severe. Many of those 53 million people with disabilities receive...

Nevada residents who are creating an estate plan and who have heirs that they feel are irresponsible might worry about leaving them money or other assets that they will waste. An incentive trust may be one way to address these concerns. An incentive trust is a trust...

Angel investors in Nevada may want to give some thought to how they will protect their wealth to pass on to beneficiaries. However, estate planning is not just about what happens after an individual's death. There are a number of ways that people can begin taking...

An angel investor is someone who invests in a startup or new small business with the aim of achieving large returns. Those returns are then used to help friends, family members or their favorite charities. It may be beneficial to start giving prior to death as it...

People in Nevada who are making an estate plan may think that a trust is not useful for them if they are not looking for a way to lower their estate tax burden, but trusts can offer a variety of advantages. For example, if a person has a difficult relationship with a...

Parents in Nevada who have multiple children know that different children have different talents and struggles. While one child may be excellent at living on a budget and investing, another may spend freely without thinking about the future consequences. When creating...

The 2016 federal estate tax exemption is $5.45 million for single people and $10.9 million for married couples. However, this could change, and Nevada residents might want to consider whether a qualified personal residence trust is a good idea for estate planning...

A Nevada resident who wants to protect their children's inheritance may want to consider setting up an irrevocable trust. This financial tool holds and distributes assets for the beneficiary in the manner that is specified by the grantor. A person or organization will...