For Nevada residents wondering if proper estate planning is a good idea or not, the following story may answer that question. In 2006, an American multimillionaire died and left the majority of his fortune to a new foundation that was intended and dedicated to feeding...
When Your Life Is On The Line
Heirs & Beneficiaries
Estate planning more creative for baby boomers
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...
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...
Estate planning to do list: update your will
Many Nevada residents may prefer the "Band-Aid" approach to estate planning: get it done fast, get it over with, and move on -- like pulling off a Band-Aid. For this reason, many residents will be dismayed to learn that keeping up with a will and the details of estate...
The ABC’s of estate planning
For many Nevada residents, estate planning can be an intimidating process. There are so many questions, and so many details to address, the sheer magnitude of it all can be overwhelming. How will estate planning benefit my children? Or, what's the most effective way...
Beneficiary designations important in estate planning
We recently said estate planning in Nevada involves more than just making a will. One area that is often overlooked is a periodic review of beneficiary designations on various insurance policies and other potential assets. Recent court cases that have culminated in...
Nevada estate planning – more than just a will
Estate planning in Nevada is something that many people put off confronting. As important as it is, most don't like the idea of planning for death or the issues surrounding it. Nonetheless, estate planning is vitally important and there is a lot more than just writing...
