Estate Planning

Legally, a trust and its beneficiaries are two distinct entities. When you create a trust and fund it by the book, the assets held in it belong to the trust, not to the individuals who will benefit from the trust's proceeds. As such, some trusts offer a form of asset...

Many people find thinking about their eventual death to be intensely unpleasant, so they procrastinate about creating an estate plan. If you have already taken the crucial step of creating an estate plan, you may feel better prepared than the average adult for...

When you start planning your estate and creating a will, one of the many questions you may be asked is who the executor of your estate will be. This could throw you off guard if you don’t know how an executor functions in your will.  You shouldn’t have to be in the...

One of the primary reasons why people create wills is to ensure that their wishes will be understood and honored when they are no longer around to make important decisions. Unfortunately, we live in a litigious world. It is not uncommon for the will to become the...

When people start setting aside assets and considering who will inherit their estate, there are a couple of mistakes people may make, making it harder for family, friends and loved ones to inherit from your estate and even cause estate disputes. Here’s what you should...

Estate planning is a helpful tool to help you transfer your investments to the people you care about. You may be interested in passing your home on to your children, for example, or sending money to a cousin or grandchild when you pass away. Estate planning allows you...

Do you have a loved one with disabilities or other functional needs? If so, adding a special needs trust to your estate plan may be a smart move. It’s a good idea to consider your situation carefully before adding any new trust or element to your estate plan. Working...

The death of a loved one can be devastating. It is not uncommon for emotions to run high during the grieving period. However, one of the inevitable undertakings following a loved one’s demise is the succession of their estate. A will is an estate planning tool that...

A Nevada will or estate plan should concisely and clearly communicate someone's intentions regarding their affairs in the event of their death. Adults of sound mind with the testamentary capacity to create estate planning documents can draft or update wills, trusts...

Many individuals approach the creation of a comprehensive estate plan with something of a checklist. They will assign beneficiaries to high-value property such as a home, vehicle, vacation property or commercial real estate. Unfortunately, many people miss the...