A trust is a legal tool that gives the creator the ability to have greater control over the distribution of their assets. The exact control varies depending on the language of the trust. The creator can set it up to give beneficiaries funds specifically for college...
Year: 2022
Grounds for contesting a will
People in Nevada and elsewhere routinely use last wills and testaments to specify how they would like their assets distributed upon their passing. While testators should create their will under the guidance of experienced legal counsel, some choose to take a more...
Nevada Domestic Asset Protection Trusts explained
Most people in Nevada and elsewhere want to preserve as many of their assets as possible. This is especially true when seeking to protect one’s assets from creditors. Like several other states, Nevada allows for the creation of Domestic Asset Protection Trusts...
Disputing an estate because of undue influence
Many individuals in Nevada and elsewhere use estate planning to specify their wishes for the future. During the process, people must make a number of important decisions, and those decisions will affect them and their loved ones for years to come. Creating a last will...
Planning for the future of your small business
If you own and operate a small business, you know the time and the effort it requires simply to reach and maintain a certain level of success. Many companies are in operation for years before they begin to make a profit, and you may have placed a significant amount of...
How to contest a will in probate
Sometimes, people in Nevada feel the need to challenge a will. Any number of reasons can precipitate this decision; however, those wishing to do so should understand their rights and options regarding the process. They will also want to work directly with an...
3 reasons you need to hire a Nevada probate attorney
While there are numerous steps an individual can take in developing a comprehensive estate plan to minimize the impact of the probate process, the process itself is a necessity in many cases. It is wise to draft the plan with this in mind and encourage surviving loved...
Everything you must know about probate
A person’s death is a sensitive event, and so is the distribution of that person’s estate. Because this process can be complicated, the law requires some wills to go through probate. Probate is the process in which the court supervises how the executor pays off the...
Estate planning important regardless of age
Many young professionals in Nevada just starting out feel like their future will be a bright and productive one. Because of their relatively young age and limited assets, a lot of young professionals do not consider estate planning as something they should focus on,...