It is important for everyone to leave a directive regarding certain assets and aspects of their life when they pass on because dying intestate in Nevada can often leave the family in limbo. When this is done late in life, members of the family can actually contest the...
A Personal Approach To Resolving Your Estate Planning & Litigation Concerns
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Know your rights as a trust beneficiary
Knowing that a family trust exists can bring some peace of mind to the beneficiaries of that trust. You and others in this position may anticipate receiving funds over the course of several years or otherwise benefitting from the account based on the terms that apply....
Do you know what the trustee’s duties are?
Have you recently discovered that you are the beneficiary of a trust set up by a loved one? If so, you may not be entirely comfortable with your inheritance and future being in the hands of someone else -- the trustee. The more informed you are about what the trustee...
What sort of behaviors may result in a lawsuit over a trust?
Like most other people, you would probably choose a person to administer your trust who you believe will respect your wishes, properly care for the assets in the trust and appropriately deal with the beneficiaries. At least, this is what you hope will happen....
Special needs trustees must perform several duties
A special needs trust sets aside funds to benefit a person with a disability. These trusts are common tools for parents of children with special needs, as they improve the beneficiary's quality of life without interfering with his or her eligibility for needs-based...
3 questions to ask if you suspect undue influence in a will
Even though they lead a healthy and active lifestyle, your parents will not live forever. Still, they likely want to have some control over what happens to their assets after they are gone. A well-written will is a good way to achieve this goal. In simple terms, a...
5 mistakes to avoid with respect to beneficiary designations
The naming of beneficiaries for retirement accounts and life insurance policies seems a fairly straightforward process. However, the changes that occur in life may affect the beneficiary designations you have made, or in some cases, have not made. Here are five...
Protecting your aging father’s estate from undue influence
If you have an elderly father, you probably want to encourage him to think about estate planning. With some advance consideration, your aging loved one can keep some control over what happens to his assets after death. You must also ensure that someone does not exert...
Why to avoid DIY estate litigation
The day will come when you need to meet with an attorney to create an estate plan. However, there are plenty of online services that allow you to create a will by yourself, and that is a mistake you do not want to make. You never want there to be any errors in your...
Warning signs your parent’s will may be invalid
The reading of the will tends to be a dramatic event in movies and books, typically ending in an unpleasant surprise for the family. Despite the common dramatization, these scenarios do happen in real life, leading loved ones to contest the will. However, the signs...