Nevada residents know just how challenging the process of choosing beneficiaries for an inheritance can be. Many economists today are saying the generation of baby boomers is the generation that will face the most challenges when it comes to estate planning. The...
When Your Life Is On The Line
Month: November 2011
Biggest estate planning mistake is no estate plan
According to a Wall Street Journal writer, the biggest estate planning mistake that people make is not having a plan at all. And that is as true for someone from Nevada as it is for someone from New York or elsewhere. Others simply wait too long to make estate...
Nevada is an ideal state to call home now and later
As adults in Nevada begin considering planning for their "golden years" one of the things many consider is where to live. And as some estate planning experts say, location can be everything when it comes to preserving assets and decreasing the tax burdens of loved...
Credit card debt and estate planning
Estate planning in Nevada and elsewhere requires taking into account several different factors affecting the estate. One of those factors is credit card debt. If estate planning is managed properly, then loved ones and survivors of the deceased will not have to worry...