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...
Is probate necessary for your loved one’s estate?
When someone dies, many people think that the individual's estate must go through the probate process. However, that is not always the case. Ways exist for individuals to create their estate plans in a way that could allow them to avoid probate, but many...
Clear end-of-life instructions are invaluable to family members
It is not always easy to know how to handle a certain situation. In particular, if a loved one ends up incapacitated or passes away, other family members may not know what to do. However, if you choose to create an estate plan, you could ensure that your loved ones...
Important tips for getting started on estate planning
Estate planning can cover a wide variety of topics. Though asset distribution after death is certainly something typically at the top of most Nevada residents' lists, it is not the only matter to consider. In fact, you may want to create a plan that addresses your...
Probate litigation: Do you have legitimate cause to challenge a will?
Perhaps your parents told you years ago that you would receive a substantial inheritance after they died. You may have had several discussions about their estate plans. Your siblings were no doubt included in these discussions where your parents made clear what they...
Why should you consider options for reducing estate taxes?
You may have recently begun thinking about creating an estate plan. Taking this step could provide a number of benefits to you and your family, especially after your passing. You may have specific assets you want to protect to ensure that the right family member...
Nevada estate planning: Which documents should you incorporate?
You might be one of many people in Nevada who prefers to avoid discussions about your own mortality. You'd rather focus on living your best life rather than talk about the inevitable fact that someday your life will end. While it's not your favorite topic, you may...
Knowing the topics to address when writing a will
While planning for life ahead, individuals in Nevada and elsewhere may be tasked with covering a variety of scenarios and asking a multitude of questions. While it might seem a daunting task to cover every vital topic prior to writing a will, doing so could prove a...
The DIY approach to estate planning is not the best option
Estate planning is a smart step for individuals of all income levels. Regardless of income, health status, age or marital status, you can benefit from having certain types of plans in place. You may assume that, since your estate plan shouldn't be too complicated or...
Things to consider when choosing an executor for a will
Individuals in Nevada and elsewhere may face a variety of decisions when it comes to creating a strategy for what will happen after they pass on. One of the most pressing topics could include choosing another person to manage one's estate after death. Seeking insight...