Creating estate plans is not exclusive to those nearing their twilight years. In Nevada, adults aged at least 18 can engage in estate planning to better manage their lives and assets. They can detail their wishes and choices in an estate plan to ensure protection and...
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Estate Planning
Why entrepreneurs need estate planning
If you are an entrepreneur, you know all about taking risks and planning for the future of your business. However, you need to protect your business and all your hard work when you are no longer around. That's where estate planning comes in. It is not just for people...
Avoid these estate planning mistakes
Estate planning is a great way to protect your Nevada family and secure your assets for future generations. Creating these legal documents may be overwhelming, but it’s crucial to take your time and avoid making mistakes in order to ensure they’re done properly to...
Common reasons why people neglect estate planning
Many Nevada residents haven't created estate plans for themselves, even people over the age of 55. And while it may not always seem like either an urgent or pleasant activity, not doing so can create issues down the road, both after your life and during it. An estate...
Reasons to consider creating a trust
As Nevada residents consider their mortality, the distribution of their assets may become a priority. Without planning, it can be difficult to ensure your family observes your wishes. Establishing a trust offers several benefits to help guide decisions around your...
Ease burdens on heirs who sell inherited real estate
Owners of luxury or investment real estate in Nevada should give careful consideration to how to distribute these assets in their estate plans. Although choosing your heirs represents your primary concern, your estate planning can cover smaller details that help the...
An idea that might make roads safer for pedestrians
Throughout Nevada, it is generally legal for a vehicle to make a right turn at a red light. This practice was one of many changes made during the 1970s when the United States was in the midst of an energy crisis. However, critics of this rule say that it may cause a...
A guide to spendthrift trusts in Nevada
Preserving your legacy and hard-earned assets for your loved ones in Nevada may sometimes require a more intricate approach than simply transferring them through a will. This is particularly true in the case of beneficiaries who are financially inexperienced or prone...
Studies reveal that fewer Americans are writing wills
Nevada residents who write wills do so because they want to enjoy the peace of mind that comes with attending to difficult end-of-life matters. People with estate plans in place know that their assets will be distributed according to their wishes after they pass away,...
How to include charitable gifts in your estate plan
Making charitable giving a part of your estate plan can provide a meaningful way to leave a legacy for your essential causes. Planning for a post-death donation has tax benefits and can allow you to enjoy your assets while alive. The following illustrates some other...