In Nevada, when a person dies, those left behind must begin the unenviable task of finding out if there are documents that exist that detail how to distribute the estate. These estate planning documents include commonly used tools such as wills and trusts. In some...
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Inheritances
Estate planning in Nevada can help achieve goals
When people in Nevada consider creating an estate plan, they have many different goals. Some hope to leave money to a favorite charity, while others seek to ensure that their kids are well cared for. The good news is that, in every case, there are estate planning...
Nevada estate planners may enjoy permanent tax amount
As many readers in Nevada know, recent discussions in the national government have been contentious as Congress sought to avoid the fiscal cliff. One of the most important issues to those considering planning an estate has been the estate tax that was set to adjust at...
Estate planning in Nevada can benefit from periodic review
People in Nevada may be interested to learn that many of the difficult challenges faced by heirs and beneficiaries going through the probate process can be avoided with action by the person creating an estate plan. These actions include a review of all estate planning...
Wills provide more benefits than just division of assets
Many in Nevada who have begun to plan an estate have learned that there are rules that apply to the construction of a will. This most basic of estate planning tools is used commonly for those in our state who have assets to distribute and guardians to appoint. With...
Nevada estate planning could include sale of family business
Readers in Nevada may be interested to learn that the heirs of George Lucas, famed director of the Star Wars movies, may have avoided potential tax problems and planning issues over his high value estate recently. This may be because the director recently sold his...
Nevada estate plan can include kids’ inheritance
Many Generation Z people in Nevada and across the nation expect to inherit money from their parents. This may lead some of them to fail to appropriately save for their future, one report indicates. That could be bad news for some parents who, in the study, were less...
Nevada estate planning talks can help ease probate process
There are many issues that Nevadans must consider as they begin to write an estate plan. As they go through the planning process, it is always the case that the person creating a will or a trust seeks to ensure that their wishes for asset distribution are made...
Nevada estate planning can be beneficial for blended families
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...
Flexible wording may be crucial in a Nevada estate
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...