Our religion can influence our core beliefs about how we live our life and what will happen after we pass away. It is an essential part of who we are. Thus, it is only natural that your preferences for end-of-life care are based on your religious beliefs. To make sure...
Protecting Your Wealth One Piece at a Time
Estate Planning
When probate is necessary and when it can be avoided
When you hear the term probate, it is likely that you think of a process you want to avoid at all costs. While it is in fact a process many individuals attempt to avoid through careful estate planning, the reality is that many families will end up facing it. Although...
What is a will contest?
Nevada probate courts take wills very seriously. There are many formalities and requirements involved in making a valid will, and if these appear to be met, a probate court will likely declare the will valid and legally enforceable. There are times when family members...
Can I protect my assets from creditors and lawsuits?
The quickest way to lose everything is to lose a lawsuit, especially with creditors. However, there are laws designed to protect your wealth. Lawsuits When you think of people who get sued, you probably think about doctors and lawyers. However, there are several...
Is a handwritten will legally valid?
Drafting a will is something everyone should do, and you may be thinking about having one done. As you think about what you would like to include in your will, you may jot things down here and there, or perhaps prepare a handwritten will, intending to get it...
When should I consider having a special needs trust?
There are two groups of people who may need to set up a special needs trust. First, families who have a loved one suffering with a serious mental or physical disability may consider setting up a third-party special needs trust. This type of special needs trust would...
Choosing a trustee
If you are like many Nevada residents, your estate plan includes a trust. Along with determining which trust is the appropriate trust and setting up your trust documents, you will need to decide who will be your trustee. This is a huge position of trust that you...
Should guardians be used in my estate plan?
Nevada residents who plan their estates later in life may not think you need a guardian. Though, if you have a disabled adult child, then you will likely need an estate plan. For those earlier in life, you may need a guardian for both your kids and an elderly parent...
Should I be incapacity planning?
Estate planning and incapacity planning is uncomfortable. We are discussing our deaths and times when we may not be of sound mind (or even conscious). It is natural to put off such conversations. And, according to Caring.com, most (about 60%) are putting these talks...
What effect does divorce have on a life insurance policy?
Estate planning encompasses many different forms, from trusts and wills to powers of attorney and life insurance. These forms are affected by changes throughout your life, requiring you to update them to keep them current. One such event is a divorce and its impact...
David A. Straus is the author or co-author of many publications.
Complimentary Book
Following retention
after a complimentary in
office consultation
‘Planning In Turbulent Times’
