Estate Planning

Conversations around estate planning generally involve money and assets. While distributing assets upon a person’s death is central to estate planning, there is much more to it.  One option that testators have is to name a guardian in their will. A guardian is someone...

A trust is a document you can use alongside your will to protect assets during and after your life. With the right trust, you can avoid estate taxes, disputes and probate. There are many kinds of trusts you can make, such as a generation-skipping trust and a...

Estate planning is often viewed as a complicated process. Even though its procedures significantly contribute to this concern, the emotions of planning for incapacitation or death are what make it challenging for many people. Here is what to know about the emotional...

When you designate a trustee for your estate or trust, you place a significant amount of trust in that individual to manage your assets responsibly and in accordance with your wishes. However, there are situations where trustees may abuse their power, potentially...

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...

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,...

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...

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....

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...

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...