Dying Without a Will
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 […]
Planning for Life vs. Planning for Death
While it may not be enjoyable to think about dying and what will happen after you die, it is important to plan for the end of your life. Preparing for your death now will give you peace of mind and spare your loved ones the stress of having to do so for you later in […]
Nevada vs. California Wills
What is the Main Difference Between Nevada and California Wills When it comes to the laws governing wills, they are fairly similar among all states. In regard to the states of Nevada and California, the states share commonalities in their general guiding principles of wills, but the states do differ in some of their legal […]
Difference Between Wills & Trusts in Nevada
As dreaded as it can be, we all think about the possibility of unfavorable events happening in our lives and how it will affect the lives of everyone around us. It is important for individuals to plan for what will happen after their death, which can be done through either a will, trust, or both […]
Nevada Community Property Laws
Community Property Laws Nevada is one of the eleven states that follow community property laws. This means that during a divorce, a judge will divide a couple’s property equally. Our qualified Nevada family attorneys can help explain the community property laws and what property you are entitled to in the event of a divorce. What is […]
Comparing a Revocable and Irrevocable Trust
What is the Difference Between a Revocable Trust and an Irrevocable Trust? A trust is a separate legal entity a person sets up to manage her assets. Trusts are created to assure that assets are used in a way the owner deems appropriate after their passing. It is common for some to use a trust […]
Managing your Estate Plan with a Living Trust
So What is a Living Trust? A living trust is a means of managing your estate plan while you are alive. Like all trust funds, this type of trust identifies how to distribute assets within the trust after the owner dies. Nearly anything of value can be placed into a living trust. Here are some […]
Understanding a Pour Over Will
What is Pour-Over Will? A “pour-over will” is often used in conjunction with a living trust. It is a special type of will because it states that any assets that were not funded into your revocable living trust should go there when you die. In other words, all property that passes through the pour-over will […]
Now is the Time to Draft your Will and Estate
Protecting Your Family and Assets with a Will In the midst of the coronavirus pandemic, now more than ever it is important to make sure you are prepared for anything that could happen and have an up-to-date will and planned estate. The coronavirus has shown us all just how fragile life can be, and how […]
Estate Planning in Nevada: Avoiding Probate
How to Avoid Probate Through Estate Planning After losing a loved one, no one wants to have to go through the costly and time-consuming process of probate, the official proving of a will, and transferring the property of the deceased. Probate must be filed immediately after the person’s death and is a public process that takes […]