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Granting power of attorney to a third party may be a powerful estate planning tool in Nevada. Those who are thinking about giving power of attorney to others may wish to learn more the three common powers of attorney and what they entail. Understanding how and when...
Digital assets are one of the most overlooked when Nevada residents think about estate planning. Many people may not realize how much money they actually have invested in their iTunes, Amazon or other online accounts. Without proper planning, these assets can be lost...
Many couples in Nevada choose to live together without getting married, making for a situation that can lead to a spectrum of interesting financial and tax issues begging consideration. While there may be some advantages to remaining unmarried, including possible...
Nevada contains specific provisions in its probate code regarding the sale of assets from a decedent's estate. Unless the items that are sold are personal property that are exempted by the probate code, the personal representative must confirm sales of the estate with...
When it comes to estate planning in Nevada, many people don't understand that it's an ongoing process and that it requires careful thought and planning. It's not enough to simply create a will and trust that the property will be divide in accordance with the plan. The...
Nevada law allows for one person to name another to act on his or her behalf by means of a power of attorney. The reasons behind making a power of attorney are as diverse as the people who make them. They can be tailored for a limited purpose, like selling a...
Nevada allows individuals to file their living will, health care powers of attorney, and do-not-resuscitate orders with the Nevada Secretary of State through a program called Lockbox. Because people may not always be in a position to provide their doctors with these...
While it is true that creating a will is a basic part of estate planning, it is important to note that a will is not all there is to the process. A will determines who will get what property after the owner passes on as well as determining who will be in charge of...
When a person passes away and they have a will that outlines the execution of their estate, that document must pass through probate. However, in Nevada, the will may be contested prior to probate by any person, and the process of contesting and defending the document...
Nevada parents with special needs children may be interested in a type of trust that enables them to save for the child's future without interfering with the governmental benefits the child may receive. This peace of mind extends to other family members so they can...
