Why a will from another state might fail in Nevada
If you move to Nevada or buy property here, your existing will may not work the same way. Nevada may accept wills created in other states, but local rules still guide probate review. Small differences in signing or proof may create issues. A will accepted elsewhere...
Can ChatGPT write my will?
More people are relying on AI tools like ChatGPT for their daily tasks, from making checklists, scheduling dinners to creating contracts. As these tools develop and improve, some individuals wonder if they can now skip hiring an attorney and let technology handle...
What is a holographic will under Nevada law?
Wills are some of the most common documents used for estate planning purposes. Provided that they are legally valid, wills can achieve many important legacy goals. An individual's will can name a guardian for their children, a personal representative to manage their...
Is there anything you should avoid putting in a will?
The process of drafting a will allows someone to protect their dependent family members and establish a meaningful legacy. However, some people make mistakes when drafting a will that inevitably affect the probate process. In some cases, they might create unnecessary...
How many wills can you make?
It may have been a couple of years since you wrote your first year. Many events happened between your first will and today - you may have married, had a child, bought a home or even lost a loved one. Your will may seem a little obsolete now that you built up an estate...
How can you ensure assets you leave will last?
When thinking about what you can leave your children, you might wish you had more to give. Yet, a recent article found that one in ten wealthy families spend the family fortune within one generation. It found nine in 10 had nothing left by the second generation. It...
What happens if your loved one died without a will?
The fact is that most people do not take the time to create an estate plan or even just a will. Admittedly, contemplating your own death isn't anyone's idea of a good time, so it ends up on the back burner. Some people think they have plenty of time to address the...
Everyone needs a will
Perhaps it is the acknowledgment of mortality that prevents many people in Nevada from taking the time to create an estate plan or simply procrastination. Whatever the reason, having a plan in place provides security and protection for one's family and provides peace...
Should you include a no contest clause in your will?
You may have watched your family squabble over various topics for years. Now that you have started considering your estate plans, you may only think of ways that your family will nitpick your choices and potentially cause serious legal fights over your estate....
Creating a will that won’t trigger conflict
Unfortunately, many wills lead to conflicts among heirs. One of the best ways for Nevada estate owners to prevent such issues is to select a reliable executor. The person who is chosen has to be able to bear the responsibility of administering an estate, must be...