Pet owners often consider their pets family members, so planning for them in case their owners pass away seems only natural. Fortunately, Nevada law has special regulations that help to govern how this situation can unfold effectively. If you want to care for your...
Experienced Attorneys Who Will Fight For You
Estate Planning
What is a spendthrift trust?
Are you worried about how one of the beneficiaries in your estate plan is going to use their inheritance? Maybe you consider them a bit “unreliable” or maybe they make questionable choices. You feel like they will just burn through money and make frivolous purchases,...
How testators can keep their families from fighting over an estate
When someone dies, it is standard for most or all of their property to pass to their family members. If someone in Nevada dies without an estate plan, their closest family members are likely to have inheritance rights. The average estate plan also involves someone...
3 good reasons to leave unequal bequests in your estate
A lot of parents try their hardest to leave roughly equal bequests in their estates to all their adult children – but what if that’s not what you want to do? There are plenty of perfectly valid reasons that people can and do leave unequal bequests to their heirs....
The importance of a special needs trust
If you have a beneficiary with special needs, it is important to consider them as you make your estate plan. One thing you may want to think about is setting up a special needs trust. This gives you the ability to set aside money for that beneficiary so that their...
What is a Totten trust?
Estate planning requires an intensive look at every area of your life. This helps to ensure that you have everything taken care of so it’s easy for your loved ones to follow the plan when you’re gone. Passing down your assets is one of the important things you must...
Why you should consider updating your will after moving to Nevada
Nevada has a wonderful climate for retirees. As a result, many older adults who have finished their careers sell their property elsewhere and move to Nevada. Some people come for the dry heat. Others simply want to avoid inclement winter weather that affects driving...
What is a dynasty trust in Nevada?
Dynasty trusts in Nevada are a unique estate planning tool that allow families to pass wealth down through multiple generations while minimizing exposure to taxes and creditors. With favorable trust laws, Nevada has become a leading jurisdiction for establishing such...
What are the benefits of trusts in Nevada?
Establishing a trust in Nevada offers a range of advantages for estate planning. This makes it an appealing option for residents looking to effectively manage and protect their assets. Nevada's legal framework provides unique benefits for trust formation, including...
What qualities should an executor have?
Choosing an executor for your estate is a crucial decision when you’re estate planning. An executor will manage your estate through probate to ensure your wishes are honored and your assets are distributed correctly. When selecting an executor, several essential...