The executor of an estate is human. Most of the time, they are a close relative of the deceased with little to no prior experience guiding an estate through probate, settling the deceased's debts and distributing assets according to the terms of the will. This is a...
Ideally, when someone in Las Vegas passes away, they have a valid will in place. A proper will helps the executor settle the estate without any problems. But problems with the will can lead to a will challenge in probate court. If successful, a will challenge can...
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...
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...
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...
Those with considerable means should establish solid estate plans to specify how they want their assets distributed upon their passing. Unfortunately, not all affluent people choose to create even a basic will, which can cause a host of problems as loved ones,...
The idea of a family fighting over an estate is often not appealing. As a result, some individuals may choose to include a no-contest clause in their will if they believe that the chance of someone contesting the will is high. However, even with this clause, some...
It is not uncommon for Nevada residents to expect their parents to leave them some form of inheritance. Even if the parents do not have much, a few sentimental items may still be anticipated and appreciated. However, issues can arise when adult children find out after...
Some individuals in Nevada and across the country feel entitled to preferential treatment. In some cases, these people may feel that they can do whatever they want without waiting for the proper authority or permission. Unfortunately, if a beneficiary feels this way...
It is not unusual for Nevada residents to name a close family member as the executor of their estate. While this appointment can work out well in many cases, there are instances in which a family member who serves as executor may not handle the position with as much...