Contrary to popular belief, estate planning is a dynamic process that evolves through every stage of life. Whether you are starting a family, buying a home or planning for retirement, keeping your estate plan current with your life stage is essential. Here are some...
Estate Planning
Tips for choosing the right estate executor
When you write an estate plan, one step you should take is to choose an estate executor. This is the person who actually carries out the plan. They read your documentation, distribute copies to beneficiaries, inventory assets, pay debts and distribute assets...
3 estate planning errors to avoid
When you make an estate plan, it is important to get it right and keep it right. Any errors in your plan could make things complicated for the executor and your family when you die. Here are a few common errors that people make: 1. Forgetting to add someone to the...
How to keep your kids from arguing over your will
Ensuring your children don’t dispute your will is crucial to estate planning. Proper communication and planning can help prevent family conflicts and ensure your wishes are respected. Here, you will find tips to help prevent your children and other heirs from...
How does probate work in Nevada?
Probate is the legal process through which the courts administer and distribute a person's estate after they pass away. When someone dies without a will, the courts supervise the process and distribute the person's assets according to Nevada law. If the person who...
What happens if you die without a will?
Your life is already busy enough as it is. The last thing you want to do is prepare for what happens after you die. You may think that just telling your family members how you want your assets distributed is enough. Or you may believe that everything you have will go...
Preventing will contests based on lack of testamentary capacity
You must be at least 18 years old to create a valid will in Nevada. Additionally, you must be of sound mind and fully aware of the consequences of your decisions. If someone doubts your mental condition at the time you created your will, they may be able to raise a...
3 crucial considerations when preparing your digital estate plan
When planning your estate, you should make sure that it addresses your digital assets, including online accounts, digital files and social media profiles. A comprehensive digital estate plan helps ensure that these assets are handled as per your wishes and simplifies...
When can stepchildren inherit in Nevada?
Inheriting from a stepparent can be a complex concern, especially if the estate plan of a stepparent and/or state laws are not clear on the matter. In Nevada, stepchildren's inheritance rights are generally not automatic and depend largely on any efforts that a...
Will a no-contest clause actually work?
When you write an estate plan, you may consider using a no-contest clause. As the name implies, this means that no one can contest that estate plan. The goal is to prevent disputes. You do not want one sibling contesting the plan and getting into a long-term legal...