It is important for everyone to leave a directive regarding certain assets and aspects of their life when they pass on because dying intestate in Nevada can often leave the family in limbo. When this is done late in life, members of the family can actually contest the...
Knowing that a family trust exists can bring some peace of mind to the beneficiaries of that trust. You and others in this position may anticipate receiving funds over the course of several years or otherwise benefitting from the account based on the terms that apply....
Have you recently discovered that you are the beneficiary of a trust set up by a loved one? If so, you may not be entirely comfortable with your inheritance and future being in the hands of someone else -- the trustee. The more informed you are about what the trustee...
Like most other people, you would probably choose a person to administer your trust who you believe will respect your wishes, properly care for the assets in the trust and appropriately deal with the beneficiaries. At least, this is what you hope will happen....
A special needs trust sets aside funds to benefit a person with a disability. These trusts are common tools for parents of children with special needs, as they improve the beneficiary's quality of life without interfering with his or her eligibility for needs-based...
Even though they lead a healthy and active lifestyle, your parents will not live forever. Still, they likely want to have some control over what happens to their assets after they are gone. A well-written will is a good way to achieve this goal. In simple terms, a...
The naming of beneficiaries for retirement accounts and life insurance policies seems a fairly straightforward process. However, the changes that occur in life may affect the beneficiary designations you have made, or in some cases, have not made. Here are five...