Planning for the future looks different for each Nevada adult. Every estate is different, and each person can create a strategy that allows him or her to look to the future with confidence. One benefit to estate planning is that it allows one to prepare for the...
A Personal Approach To Resolving Your Estate Planning & Litigation Concerns
Estate planning mistakes that you must avoid
For many people, estate planning requires careful thought. Who will get your assets? Who will be the guardian of your minor children? And who will make health care and financial decisions for you if you are unable to do so? These are just some of questions you must...
Why do most Americans avoid estate planning?
The pandemic has increased the awareness of many Nevada residents for having certain types of legal and financial plans in place. Through estate planning, one can have a measure of control over what happens to his or her property and with potential medical decisions...
Making plans for the guardianship of your child
No parent wants to consider what will happen to his or her child in the future in the event the parent is incapacitated or dies unexpectedly. While thinking about this possibility isn’t pleasant, it is necessary to have plans in place in case there is an emergency....
Safeguarding one’s assets with an asset protection trust
Business owners and entrepreneurs in Nevada work hard to establish their companies and build a solid reputation among clients and customers. However, as many business owners already know, any number of things can create a situation where the business owner is sued by...
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...
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,...
Estate executors need to open (then close) estate account
Those chosen to administer a person’s estate after his or her passing have a big responsibility. Estate executors must wrap up all financial affairs of the decedent and handle myriad other issues before the estate can pass through probate and officially close. When it...
Reasons for challenging a will
Many people use a last will and testament to specify their wishes for how their assets will be distributed upon their passing. While most wills pass through the probate process with no problem, sometimes, issues arise where a family member or would-be heir feels the...
Could a Beneficiary Controlled Trust be useful to your estate?
Finding the tools or subset of tools to create a comprehensive estate plan that checks all the necessary boxes is not always easy. For example, Nevada residents may believe that they want to use a trust to help protect their assets and give their beneficiaries the...