Planning for the future looks different for each Nevada adult. Every estate is different, and each person can create a strategy that allows him or her to look to the future with confidence. One benefit to estate planning is that it allows one to prepare for the...
A Personal Approach To Resolving Your Estate Planning & Litigation Concerns
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Estate planning mistakes that you must avoid
For many people, estate planning requires careful thought. Who will get your assets? Who will be the guardian of your minor children? And who will make health care and financial decisions for you if you are unable to do so? These are just some of questions you must...
Why do most Americans avoid estate planning?
The pandemic has increased the awareness of many Nevada residents for having certain types of legal and financial plans in place. Through estate planning, one can have a measure of control over what happens to his or her property and with potential medical decisions...
Making plans for the guardianship of your child
No parent wants to consider what will happen to his or her child in the future in the event the parent is incapacitated or dies unexpectedly. While thinking about this possibility isn’t pleasant, it is necessary to have plans in place in case there is an emergency....
Reasonable expectations for a trustee
A trustee has the immense responsibility of overseeing and managing the assets held in a trust. Because of the complex nature of some types of trusts and the potential for issues with the beneficiaries of the trust, it is beneficial for one to have a clear...
Safeguarding one’s assets with an asset protection trust
Business owners and entrepreneurs in Nevada work hard to establish their companies and build a solid reputation among clients and customers. However, as many business owners already know, any number of things can create a situation where the business owner is sued by...
What sort of behaviors may result in a lawsuit over a trust?
A trust is a legal tool that gives the creator the ability to have greater control over the distribution of their assets. The exact control varies depending on the language of the trust. The creator can set it up to give beneficiaries funds specifically for college...
Grounds for contesting a will
People in Nevada and elsewhere routinely use last wills and testaments to specify how they would like their assets distributed upon their passing. While testators should create their will under the guidance of experienced legal counsel, some choose to take a more...
Nevada Domestic Asset Protection Trusts explained
Most people in Nevada and elsewhere want to preserve as many of their assets as possible. This is especially true when seeking to protect one’s assets from creditors. Like several other states, Nevada allows for the creation of Domestic Asset Protection Trusts...
Disputing an estate because of undue influence
Many individuals in Nevada and elsewhere use estate planning to specify their wishes for the future. During the process, people must make a number of important decisions, and those decisions will affect them and their loved ones for years to come. Creating a last will...