Maybe your younger sibling moved back in with your mother after her cancer diagnosis and took care of her for the last years of her life. Perhaps it was a more distant relative, like a cousin, who stepped into that role. You are obviously grateful for the support...
When someone dies in Nevada, the property that they own and the debts they still owe become their estate. Their estate plan will determine what happens with those belongings and debts. Most states will go through probate with a few complications, but sometimes...
There is a lot that goes into estate planning. Much of your time is ensuring your assets are properly divided after your death. You may have gone through your list once or twice now to make sure you did not miss any assets Passing away without considering every major...
While a will is the cornerstone of any estate plan, it is equally important to understand that there are other estate planning tools that should never be overlooked. Today, many people are looking at the advantages of using a trust. A trust is a legal document in...
Your parents passed away, and you discovered that they had a lot of debt. You knew nothing about this before, and you certainly hadn't co-signed on any of these loans. You believe they were financial mistakes. But it's too late to correct those mistakes. The debt is...
When you have a pet that you love, they become part of your family. You spend time with them, you buy them treats when you go to the store and you include them in your celebrations. They are an important part of your life. If your children are now old enough to...
When you create an estate plan, there is the chance that one of your heirs will contest that plan. This often happens when one heir doesn't feel that the plan is fair to them – such as if they've been disinherited. Many people want to avoid these sorts of contests,...
You create an estate plan so that your preferences determine what happens to your property after you die rather than state law. Whether you want your business to pass to your oldest child or your executor to sell your house and split its value among loved ones, you...
If you are a beneficiary of a piece of property going through probate, you should understand that the process can sometimes be lengthy. Probate can last anywhere from several months to years, depending upon the relevant issues surrounding the estate in probate. ...
You’ve worked hard to build up your company, and you hope that it can support future generations of your family. It’s imperative that you take the time to get a succession plan together so that it’s in place and ready to go if something happens to you. One thing that...