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Having a blended family can lead to big challenges for a person considering estate planning in Nevada. The estate plan that is created must reflect the wishes of both spouses and provide for a surviving spouse after the death of one of the spouses. Without effective...
A recent out-of-state probate court decision has brought to light many of the changing laws that govern estate formation. What is worth noting for Nevada residents is the importance of keeping an estate current with the constantly changing tax laws that surround the...
It's an unfortunate reality that heirs and beneficiaries can sometimes become locked in unfortunate disputes over estates once a loved one passes away. Nevada residents who are considering whether or not estate planning is necessary may want to pay attention to the...
For many in Nevada and elsewhere, there has been a change of perspective on the amount of inheritance that they may be able to leave their heirs at the time of their death. This may be due, in part, to changing economic times and the longer lifespan that many can...
When a wealthy person dies in Nevada, sometimes a court battle is waged over the estate. The ligation most often happens in the probate court and can cover many issues. This was the case recently after the death of famous artist Thomas Kinkade.At the time of his...
Agriculture in Nevada is a large industry that is comprised of family farms and ranches across the state. Readers who are both farmers and interested in planning an estate may be interested to learn about recent changes to the inheritance tax in another state. This...
Readers in Nevada may be interested to learn about new developments in the estate of Diana, Princess of Wales. Prince William, her eldest son and heir to the throne of England, turned 30 on June 21 and became the beneficiary of his mother's estate. The princess...
For many in the baby boomer generation, it is more important to pay for today's expenses than to plan for the inheritance of their children. In fact, it may surprise some in Nevada to learn that only 55 percent of boomers think that leaving money to offspring as a...
More people in Nevada and across the country are concerned about leaving large inheritances for their heirs when they die. This may be due to the recent economic recession which saw college graduates returning home due to the inability to find employment and adult...
Estate planning is often done with the intention of leaving money to heirs or turning over ownership of a family business so that it can continue to operate into the next generation. However, for some in Nevada and across the nation, estate administration faces...