Keeping your documents updated with changes in your life is essential to estate planning in Nevada. One of the ways you can ensure that your documents meet your current needs is to develop a codicil to your will. Writing an addendum is a quick and easy way to change...
Estate planning is a complex process for many Nevada residents. There are a lot of emotions involved, along with complicated steps. Because of this, it’s not uncommon to forget essential estate planning steps. There are a few essential things that you should make sure...
It is impossible to predict the future. However, leaving questions about settling your estate until it is too late could make things even harder for the loved ones you leave behind. For this reason, it is important to answer key questions now and use them to create an...
While Nevada is home to the gambling hub of Las Vegas, your estate plan is never something you want to take chances with. Unfortunately, many people make mistakes while trying to tackle estate planning alone. Underestimating the complexity of your estate plan Some...
Wills and trusts are two important estate planning tools for Nevada residents. Both methods allow you to document how you want your inheritance distributed among your heirs, but a trust is the more effective way to accomplish this goal. Here are some of the...
If you're married to a non-citizen in Nevada, there are some additional estate planning pitfalls to avoid that other couples don't generally have to worry about. But with careful planning, you can steer clear of these common marital hurdles. Estate taxes are due upon...
Choosing a life insurance plan can help your Nevada family in the event of your death. A life insurance trust might be the right choice for you if you're searching for a plan that allows you to manage better some of the aspects of incorporating a life insurance policy...
Estate planning for high net-worth individuals and couples involves finding ways to minimize the tax burden and complexity of wealth transfers. One under-appreciated tool is the 529 college savings plan, a way to help the younger generation pay for a Nevada college....
Many Nevada residents think they should only have an estate plan if they are married. However, single people can also benefit from one. Planning for incapacity One of the biggest reasons you should have an estate plan as a single person is to plan for potential...
There are many different estate planning tools available to Nevada residents. While your standard Last Will and Testament can cover most of your estate planning needs, some families need a little bit more support. That’s where trusts can come in. Trusts are a useful...
