If you have a loved one, such as a child with special needs, who may need considerable support after your passing, most likely you have wondered how they will get on after your death. Establishing a special needs trust in Nevada is one way to ensure an income for such...
If you are a legal adult in the state of Nevada, it is in your best interest to have an estate plan. In many cases, a will may be sufficient as the sole piece of this plan. However, depending on your circumstances, it may be necessary to add a trust, living will or...
Creating an estate plan in Nevada is an excellent way to avoid a mess in the future. Knowing who will receive your assets or take care of your children can save a significant amount of time, frustration, and money. Developing a sound plan can be done when you take the...
Do you have an estate plan? If not, you should consider creating one. An estate plan is a document that outlines your wishes for your estate after you die. Creating a good estate plan is essential for ensuring that your loved ones are taken care of after you're gone,...
A trust is an essential tool if you want to diversify your portfolio or build an estate. The two types of trusts are revocable and irrevocable. Estate owners who use irrevocable trusts write the directives of their trusts in stone. Such trusts can't be changed or...
The average probate proceeding in Nevada takes four to six months to complete. Some, however, take over a year. Several factors could delay the probate process, so it's not necessarily the executor's fault that it may take longer than anticipated. Conflict between...
Estate planning is a great way to make sure your loved ones are well taken care of after you die. So, if you've not yet started estate planning, now is the time to do so. Here's what you need to know in 2022. Have a comprehensive will Without a will, your loved ones...
Aging Las Vegas residents are well-advised to prepare their estate plans as soon as possible. If you have parents in the state, here's what you should know about the benefits of an estate plan and why, if they don't have one yet, you should have a talk with them about...
When you're young, it's easy to justify putting off financial planning for the long term. However, Nevada residents should consider starting their financial plans sooner rather than later. Why should you create a financial plan sooner rather than later? There are a...
Planning your estate for retirement in Nevada is increasingly important as you get older. Failing to decide how you want to use your assets, including how to distribute them to your beneficiaries, has significant tax consequences and could also cause conflicts among...
