One of the primary reasons why one may avoid talking about the future is the fact that an individual may not want to think about what will happen after death. This can be an uncomfortable thought, but creating an estate plan is an important and prudent step for...
A Personal Approach To Resolving Your Estate Planning & Litigation Concerns
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Certain conditions to consider for an estate plan
Planning for the future is a process that requires one to consider what will happen to his or her property after passing. It involves deciding how to distribute assets and who should oversee the process. Estate planning is a prudent step for virtually every Nevada...
Top 3 things executors of estates do that can lead to litigation
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...
The potential consequences of inadequate estate planning
It is common to associate estate planning with the rich and famous. While those with large incomes and significant amounts of wealth do have a pressing need for legal and financial protections, this step is beneficial for Nevada adults of all income levels and ages....
Most Americans don’t have long-term plans in place
It can be difficult and even intimidating to plan for the future after one’s death or in case of incapacitation. This is one of the many reasons why Nevada adults avoid the estate planning process, but by doing this, they are leaving certain aspects of their futures...
What happens if you want to challenge a will?
By creating a will, an individual is expressing wishes regarding what should happen to personal property after his or her passing. This document can give clear instructions regarding how the executor should distribute assets and what will happen with other parts of...
Certain mistakes could derail estate planning efforts
When creating an estate plan, a Nevada adult will have to make decisions regarding what should happen to personal property and other issues in case of incapacitation or death. During this process, it is easy to overlook certain matters or make certain missteps that...
Who needs a trust as part of a complete estate plan?
An important aspect of creating a comprehensive estate plan is identifying the elements that are necessary for the individual situation. While each plan is different, there are certain basic documents that will benefit most Nevada adults, including a will, living will...
Effective estate planning for people with mental health issues
Planning for the future can be a complex process for any Nevada adult, but there are some who have specific needs that need to be carefully addressed. Individuals who have specific mental health concerns, such as personality disorders, will benefit from the...
Signs that a will may be challenged in Nevada
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...