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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It is possible to create a living trust without an attorney. However, at a minimum, it is recommended that you meet with one to discuss the process and to find out what is legally required to be in the document. Creating a living trust can be a complicated procedure. It can even be more complex making sure that it is a valid document that will be accepted by the court. ...
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Probate can be expensive and time consuming. Learn about the ways you can help your heirs avoid the probate process. Talk to one of our attorneys today. ...
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Estate planning is making a plan for your assets after you die. It can be a confusing time because there are so many options, laws, and regulations. One choice that is offered in Nevada is the trust. A trust is a fiduciary arrangement that names a trustee to hold and manage your assets on behalf of your beneficiaries. In Nevada, it is possible to design a trust that can help protect future generations in your family and make sure that they are taken care of financially. ...
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If you are currently going through the estate planning process in Nevada, you have probably heard the term “living will”. You have probably also heard several other terms like revocable, irrevocable, will, trustee, and beneficiary. Your friends and family may have even given you unsolicited advice about how they handled their estate. The estate planning process can be complicated and confusing. For this reason, we have compiled a list of common Las Vegas living trust questions below. ...
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If a loved one has passed away, their estate will need to be managed. Generally, this is done through the courts in a legal process called probate. This process is influenced by whether the person had a will and who they listed as their beneficiaries. A beneficiary is a person that is entitled to some or all of the deceased assets. ...
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