Probate is a required court procedure for most estates in Nevada. The purpose of probate is to settle the affairs of the deceased and to transfer remaining property to their heirs and beneficiaries. The purpose of probate is to ensure that no fraud is committed after someone passes away. ...
Continue readingThe COVID pandemic has caused many changes in our lives. Some of these are lasting and some may be short lived, however there is little doubt to us that this could be one of the best times in history for affluent families to update their estate plans. ...
Continue readingEstate planning in Nevada does not need to be a complicated process. Still, there are many choices for you to look at when deciding how to handle the ownership of your property now and in the future. One option that is available to you is a Qualified Personal Residence Trust (QPRT). Read below to find out what this is, what the process for creating one is, and how it could help you and your beneficiaries. ...
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The first step in knowing whether you need a probate attorney is understanding the probate process. Probate occurs when a loved one has passed away. It is a court-led process that proves the will, pays off creditors, calculates all assets and property, and pays any beneficiaries. It settles their estate and allows all leftover assets to be distributed to family and friends. ...
Continue readingYour needs do not stop during a pandemic. COVID-19 may have you thinking about estate planning in case you or a loved one gets sick. You may also have tough legal questions that you need to be answered quickly. These needs cannot wait until after the stay at home order is lifted. We understand and we are here to help you. ...
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Probate is a legal term that describes the process that someone’s estate goes through after they pass away. The court helps give heirs and beneficiaries a road map on how to settle the estate and make sure all creditors and debts are paid. It also helps solidify a will and gives final payments per the person’s wishes to family and friends. ...
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The purpose of estate planning is to make sure that your property and other assets are taken care of either after you pass away or you are no longer able to take care of yourself. It is a plan for the future to help protect both yourself and any heirs or benefactors you may have. ...
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Movies and TV shows commonly portray families fighting over someone’s estate after they have passed away. What this doesn’t show, however, is that there is an easy way to avoid this struggle. Meeting with an estate planning attorney and creating a plan for the future will ensure that your loved ones are taken care of and that there will be no need to tear the family apart. To better understand estate planning and the right path for you, here are the most common estate planning questions:...
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Did you know that Nevada is one of only a handful of states in the entire nation to offer and validate electronically-created and electronically-signed Trusts (see NRS 163.0095) AND electronically-created and electronically-signed Last Wills and Testaments (see NRS 133.085)?...
Continue readingIn the wake of the Coronavirus (COVID-19) pandemic, citizens are taking responsible measures to slow the spread and minimize the impact the virus has on their health. It’s smart. We should all be doing everything we can to ensure our safety. ...
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