Do you want to create a Nevada estate plan? If so, you need to understand how Nevada community property laws work and how this will influence asset distribution.
How Does Community Property Work in Nevada
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Estate Planning as a New Parent
If you have recently become a parent, it is likely that you have experienced a shift in your priorities. You probably now see the world with a new perspective, and you want to do whatever you can to make sure that your child is always safe and protected.If you have...
Remember to Review your Estate Plan
Every adult needs an estate plan that outlines their wishes for what will happen after they pass away, as well as plans for their care if they become incapacitated. The thing that many adults do not realize is that they should review the plan periodically after they...
Benefiting Your Children Through Estate Planning
Your estate plan is the guide that your loved ones will follow when you pass away. While many adults have created an estate plan, many have not. It is prudent, especially if you have young children, to create an estate plan to ensure they are taken care of in the...
Do I need an estate plan at a young age?
Young adults tend to neglect thinking about their estate plan in lieu of their careers, lifestyle, or other endeavors. Thinking about planning your estate at a young age may seem morbid or untimely, especially for those who are single or may not have much by the way...
Giving back to the community through estate planning
As we move through our lives, it is easy to focus on keeping our own affairs in order and develop tunnel vision around our own experiences. For many people, sitting down to create their estate plan is one of the first times they've truly considered whom they want to...
What happens if you die without a last will in Nevada?
Some people think that last wills and estate plans only matter if you have a large estate. However, an estate plan can benefit anyone, including those with modest estates. Regardless of the size of a persons' estate, all kinds of people can benefit from estate plans,...
Three common misconceptions about powers of attorney
Every person's estate plan is a little different because each person's situation and estate planning goals are usually different. Many people think of an estate plan to detail what they would like to happen after death. However, if you are creating an estate plan, it...
Three common probate disputes you should try to prevent
Television dramas often depict disputes over wills as dramatic conflicts between dysfunctional children of wealthy parents. While these depictions are entertaining, they are not representative of all inheritance disputes.The probate process allows beneficiaries,...
When Is Probate Needed In Nevada?
Many people wonder what will happen to their property after they die. Nevada refers to the transfer of a person's property of their death as "probate." How extensive the probate process is for your estate will depend on the value of your estate. If your estate is...