Entrepreneurs in Nevada are usually optimistic individuals, and they may find it uncomfortable to think about end-of-life issues and what will happen to their companies after they pass away. However, failing to address these matters can have dire financial...
For some, learning about estate planning may seem like as much work as creating an actual plan. However, the information a person gains may prove invaluable to them later when they have a comprehensive estate plan in place that they feel confident in. Of course, even...
It is tragic when someone passes away and their loved ones fight over their estate rather than coming together to mourn and support one another. While there is no silver bullet that will guarantee that no one will challenge your estate plan after you are gone, there...
If you are the beneficiary of a trust from a loved one’s estate, you may rely on the assets in that trust for specific needs, such as educational costs, medical treatments or living expenses. Perhaps your loved one established the trust simply to provide you with...
Though most Nevada residents know that creating an estate plan has benefits, they can still find themselves procrastinating. If so, they are not alone, as many people putt off estate planning for various reasons. Of course, it may be worthwhile to understand that,...
After losing a loved one, a whirlwind of activity can happen. You will likely need to make funeral arrangements or at least attend the service. You will undoubtedly have much grief to work through. You may also need to assist with the closing your loved one’s estate....
Handling a loved one’s final affairs often means ensuring that his or her earthy possessions are distributed appropriately. In some cases, that may mean that a person has to determine what will happen to real estate that was held in the decedent’s name. It may be...
When some Nevada residents think about estate planning, they may look around their homes and see numerous assets they have accumulated over the years. They may think that they have to specifically state who gets each of these items as part of their estate plan, and...
Accumulating assets over a lifetime differs for each Nevada resident. Some individuals may have a minimalist approach to the assets they accrue and maintain, and others may acquire considerable wealth and property that they hope to leave to their loved ones. In the...
After a Nevada resident’s passing, there are still many personal issues that need to be addressed. Typically, an executor is appointed to handle those remaining issues during probate to ensure that the estate is settled properly. There are many duties involved, and...