Estate planning requires strategies that account for diverse family dynamics. It's important to plan carefully so the distribution of assets aligns with personal wishes. Creating plans for unmarried couples Unmarried couples lack the same legal protections as married...
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Estate Planning
Protecting inherited assets from creditors in estate planning
Protecting inherited assets from creditors is important when planning your estate. Knowing these options can have a significant impact on how you preserve and transfer your assets to your loved ones. Nevada asset protection trusts Nevada boasts one of the strongest...
Key qualities to consider when choosing your child’s guardian
When estate planning in Nevada, selecting a guardian for your children is one of the most significant decisions you will make. This person will step in to provide care, make decisions, and guide your children should you no longer be able to do so. Knowing what...
Dividing your estate: Tips for Nevada residents
Creating an estate plan can ensure that your assets are distributed according to your wishes after you pass away. For Nevada residents, careful consideration of how to divide your assets among your beneficiaries can avoid conflicts and can help lead to a smooth...
Mistakes to avoid when planning a special-needs trust
Planning a special-needs trust requires careful consideration and attention to detail. Avoiding common mistakes can help ensure the trust meets its intended purpose and provides for your loved one. It may be helpful to consider some key mistakes to avoid when...
How to prepare for estate planning in Nevada
Preparing for estate planning may seem daunting. However, when you take the right steps, you can simplify the process and ensure the effective execution of your wishes after you pass away. Assess your assets and wishes Begin by assessing your assets, including...
What should you include in your estate plan?
Preparing a detailed estate plan can be a complicated process. While wills and trusts are common priorities, there are other essential details you should consider that may help your executor carry out your wishes. Remember that there is more to the process than...
Misconceptions about durable power of attorney
When planning for the future, many overlook the importance of a durable power of attorney, focusing instead on wills or trusts. However, this legal tool is critical for protecting your interests should you ever become incapacitated. A durable power of attorney...
Protecting digital assets in Nevada estate planning
In today’s digital age, estate planning isn’t just about physical assets like homes and bank accounts. Many people have valuable digital assets that need protection and proper management. It is helpful to understand the importance of including digital assets in your...
How to include charitable giving in your estate plan
Incorporating charitable giving into your estate plan is a thoughtful way to support causes and organizations that matter to you, even after your passing. Whether you are writing or updating your estate plan, it is helpful to know how to ensure your philanthropic...
David A. Straus is the author or co-author of many publications.
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