Our Family Helps Protect Your Family’s Future And Legacy
People who are working on an estate plan might think primarily about who they want to pass assets on to. However, increasingly, there is another important area that they need to consider, and that is their life online. While Facebook, Google and other online companies...
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...
Some Nevadans may believe that they do not need estate plans because they do not have large estates. Unfortunately, this is a common misconception. Estate plans really involve planning for death and the future of one's personal assets. They can also help people to...
Nevada residents who have gone through divorce and remarriage may find it important to take a fresh look at their estate plans. Life insurance policies and retirement accounts, for example, could inadvertently be ignored after marital changes. This could result in an...
When a person decides to get remarried in Nevada, they seldom consider the potential effect that this decision can have on their estate plan. However, it is not uncommon for heirs and new spouses to be at odds when it comes time to read the will. Family members may be...
People in Nevada who inherit large sums of money may end up squandering their newfound wealth. A Williams Group study determined that 70 percent of wealthy families do not maintain their wealth into the second generation. The same study showed that 90 percent of those...
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...
Many family business owners in Nevada take pride in their accomplishments. Not only do their businesses offer goods and services to customers, they create jobs and income. While some owners hope that their companies will continue to provide these things for...
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...
