How Often Should I Update My Living Trust?

Revocable Trust Attorneys & Living Trust Lawyers Reno

Why is Important to Update My Living Trust? A living trust, also referred to as a revocable trust, is an agreement between you and a trustee about how your assets will be distributed after your death. It can be used to reduce taxes and probate fees on estates; however, if the agreement isn’t updated when […]

Estate Planning 101

Estate planning 101 reno nv lawyers carlson & work

How Estate Planning Can Secure Your Hard Earned Possessions Believe it or not, you probably have an estate without knowing it. Estates encompass nearly everything you own: your home, vehicles, checking and savings accounts, retirement accounts, and other personal possessions. These items need somewhere to go after you pass. If left without an estate plan, […]

Will vs Trust

will vs trust nevada attorneys estate planning

Estate Planning Tools: Will & Trust Differences Wills and trusts are the foundation of any estate plan. At Carlson & Work, our knowledgeable will and trust attorneys have vast experience helping our clients through the estate planning process.   Wills and trusts are commonly misunderstood legal documents. They can be used together or separately. Both will […]

What is a Pour Over Will?

pour over will- estate planning attorneys in reno ,nv

A pour-over will is a legal document used in conjunction with a living trust. It ensures that an individual’s remaining assets will automatically transfer to a previously made trust after death. A pour over will is helpful when the grantor of a trust forgets to transfer all of their property into their trust. Carlson & […]

Naming Your Trustee, Personal Representative, or Agent

naming your trustee-estate planning lawyers in reno, nv

An important step in creating a will and estate plan is naming your trustee, personal representative, and agent. This part of the estate planning process can often be difficult, because it can be hard to find trusted individuals to fill these roles. At Carlson & Work, our estate planning attorneys can advise you on which […]

Updating Your Will After Divorce

update your will after divorce- estate planning lawyers reno, nv

A divorce can be a long and emotional process that is likely to dramatically change your life. In the midst of the changes, it is important to update your will. A divorced individual should update their will because their beneficiaries have likely changed. If you live in the Reno, Nevada area and need to update […]

When You Should Update a Will

when to update will-estate planning lawyers reno,nv

A will is an important document that everyone should have. As life changes and you grow older, it is also crucial to update your will. It is recommended that you should review your will every three to five years and change it as necessary. At Reno, Nevada’s Carlson & Work, our experienced estate planning attorneys […]

Establishing Residency in Nevada

reno estate planning lawyers

How to Establish Residency in Nevada Nevada is a highly desirable state to families and individuals due to its good asset protection and trust laws and lack of state income tax. While it is fairly easy to establish residency in Nevada, there are specific steps that must be taken in order to ensure that you […]

Risks of DIY Wills in Nevada

risks of diy wills estate planning attorneys reno nv

DIY Will Risks While many companies offer do-it-yourself wills that may seem cheaper and easier than paying for a qualified estate planning attorney to create your will, few individuals realize that these DIY wills are far riskier and often end up costing you in the long run. It is highly recommended to contact an estate […]

Dying Without a Will

reno estate planning attorneys

Regardless of your financial status, it is highly recommended by estate planning attorneys to have a will. This is because when you die without a will, you have died “intestate”. When this occurs, Nevada intestate laws will determine how your property assets are distributed when you die. This includes any real estate, bank accounts, and […]