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...
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Estate Planning
Benefits to financial planning in Nevada
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...
Estate planning for retirement in Nevada
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...
Use a living trust to make probate more straightforward
Creating a living trust in Nevada is an excellent option when you want to ensure that your assets are protected after you've passed away. Understanding the process can help your estate plans go more smoothly. Steps to create a living trust After deciding to create a...
Including step-family in your estate plans
Blended families in Nevada might have more questions than most when it comes to making estate plans. When it comes to blended families, it's more important than ever to create an estate plan that incorporates everyone you want it to. Why are estate plans important for...
How can you properly plan for your potential incapacity?
Planning for your future is important as a Nevada resident. You never know what might happen in the future regarding your health. You might even be rendered incapacitated and unable to care for yourself, your property and your finances. While you’re planning your...
Estate planning and challenging family members
If you are like many people living in Nevada, you have concerns about estate planning. This may be particularly true if you want to provide for a family member who you believe may not be able to effectively manage any money or property left to him or her in a will....
Why you need to have a will
Creating a will is an important part of the estate planning process. If you die before you are able to create this document, any assets held inside of your Nevada estate will likely be distributed according to state law. Furthermore, a judge may need to appoint a...
Key Ways To Keep Inheritances in the Family
When residents of Nevada prepare their estates, they want to make sure that as much of their assets goes to their beneficiaries as possible. Instead of losing portions of their estates to taxes or creditors, they want to make sure that the inheritance stays in the...
What are the components to estate planning?
As residents of Nevada grow older, they may begin to think more about their passing. Specifically, they might think about how their heirs will handle things after their parents or grandparents pass away. Effective estate planning could help seniors take practical...