The idea of a family fighting over an estate is often not appealing. As a result, some individuals may choose to include a no-contest clause in their will if they believe that the chance of someone contesting the will is high. However, even with this clause, some...
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Adult children may contest the will if they are removed
It is not uncommon for Nevada residents to expect their parents to leave them some form of inheritance. Even if the parents do not have much, a few sentimental items may still be anticipated and appreciated. However, issues can arise when adult children find out after...
What is beneficiary theft in relation to probate?
Some individuals in Nevada and across the country feel entitled to preferential treatment. In some cases, these people may feel that they can do whatever they want without waiting for the proper authority or permission. Unfortunately, if a beneficiary feels this way...
Should you take your loved one’s trust to court?
If your loved one made the time and effort to establish a revocable living trust, it is likely that he or she had the goal in mind of protecting you and your inheritance. A living trust is different from a will and can be much more complex. It also has safeguards and...
When to challenge a will for undue influence
Challenging the wishes of a will is possible if you suspect that undue influence was involved in writing it. Undue influence is when one person persuades another against their better judgment. These cases may arise by violent or psychological means that are subtle in...
Could a Beneficiary Controlled Trust be useful to your estate?
Finding the tools or subset of tools to create a comprehensive estate plan that checks all the necessary boxes is not always easy. For example, Nevada residents may believe that they want to use a trust to help protect their assets and give their beneficiaries the...
Issues with an executor could cause estate litigation
It is not unusual for Nevada residents to name a close family member as the executor of their estate. While this appointment can work out well in many cases, there are instances in which a family member who serves as executor may not handle the position with as much...
Credit shelter trust may be option for asset protection
Having a significant estate can be a blessing but can also have its complications. When one spouse in an affluent couple passes away, it can be challenging to know the best way to handle the remaining assets. While the surviving spouse will typically come to solely...
Trusts can help create legacies
Estate plans can have benefits than span generations. Of course, in order for these benefits to come into play, these plans must be created properly and with the future in mind. For some people, creating a generational legacy is not something that they are interested...
Removing an executor for cause
When Nevada residents select an executor for their estates, they express a lot of trust. This person will administer an estate, work with beneficiaries, and carefully use their control of the assets to meet the specifications you left behind in your will. However,...