The purpose of creating an estate plan is to have the final say over what happens to estate assets and property after passing away. It allows one to care for loved ones, make important medical decisions and have peace of mind for the future. However, having a plan in...
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...
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...
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...
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....
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...
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...
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...
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...
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...