Cassady Law Offices, P.C. - Las Vegas Estate Planning Attorney
Call for a free consultation
702-706-1083

Posts tagged "trust"

Inheritance protection v. legal venues

Asset protection can be achieved for Nevada residents when planning ahead. This statement is especially true for individuals with large estates and significant amount of wealth accumulated throughout their lives. Proper steps have to be taken to distribute the assets among the family members, friends, charities or business partners.

The role of trusts in estate planning

Nevada residents who are being to plan how their estate is administered after they pass away might benefit from information in a recent article regarding trusts funds. Trust funds can be used to care for people when they no longer have the capacity to care for themselves. An individual can set up a care management trust with themselves as beneficiary and another person, who can make decisions for the beneficiary about issues such as moving into care facilities and end-of-life care, as trustee. A trust may be the best way to protect assets that pass to minor children from parents or grandparents before they come of age.

Trusts may be preferable to wills for family privacy

Many Nevada residents know that celebrities have little privacy during their lifetime. Lou Reed, the consummate performer, was on the world's stage for decades as a guitarist with The Velvet Underground, songwriter and solo performer. Yet, when he died in 2013, he may have been able to keep the distribution of his estate private if he had chosen to use a revocable living trust instead of a will.

Selecting a trustee for a trust

Nevada residents are well aware of the importance of estate planning. Those who pass away without leaving a valid will and testament are leaving their worldly possessions to the say of probate court. However, the choice of who should administrate the estate and manage a trust can be as critical as writing the will itself.

Different types of trust fund for different needs

Nevada residents interested in setting up a trust may realize the importance of making the right choice when choosing the kind of trust fund that suits their needs. The reasons someone sets up a trust fund differ, and understanding the types of trusts and their characteristics is important.

Leaving a legacy with a charitable remainder trust

Each year, Nevada residents generously support a variety of charitable organizations. These organizations provide a number of services and benefits to the community, including cancer research, scholarships for needy children and other worthwhile efforts. The majority of the benefits received from these organizations would not be possible without this generous support. As individuals look for ways to leave a lasting legacy, one option to consider is a charitable remainder trust.

Steps to take in order to set up a special needs trust

For Nevada parents thinking about estate planning, one of the main concerns is how a family will be cared for after the parents have passed on. Most Americans are concerned with saving for retirement and making sure that their children are secure, but how does this work for families that are considering a special needs trust? Setting up a special needs trust is extremely important for families who have disabled children, and it is vital to take all of the necessary legal steps.

Avoid euthanasia by including your much-loved pet in a trust

Many people find it difficult to confront issues about what will happen after their death. To avoid the state of Nevada deciding how to divide their property, proper estate planning can provide peace of mind. By including a trust in their estate planning, they can determine how their estates will be distributed upon their death.

Email Our Team

More Questions? We Have Answers.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Las Vegas Office
10799 West Twain Avenue
Las Vegas, NV 89135

Toll Free: 800-557-6423
Phone: 702-706-1083
Fax: 702-650-5561
Las Vegas Law Office Map

Henderson Office
2425 W. Horizon Ridge Pkwy.
Henderson, NV 89052

Toll Free: 800-557-6423
Phone: 702-706-1083
Map & Directions