Law Offices of David A. Straus LLC Blog

Estate planning in Nevada comes with its share of myths and misconceptions. CNBC estimates that nearly 66% of people do not have an estate plan. People often overlook the importance of a well-crafted estate plan due to misunderstandings about the process and who it is...

A 2020 Gallup report showed 45% of Americans have a living will. This estate document can be quite beneficial in certain circumstances. A living will allows you to express your medical treatment preferences in the event you cannot due to incapacitation. It serves as a...

As loved ones age, the importance of estate planning becomes increasingly evident. While this process is important for ensuring a smooth transition of assets, elders are unfortunately susceptible to various scams that can jeopardize their financial security....

In a society that focuses on estate planning for married couples and parents, the importance of this obligation is often overlooked by individuals who are single. This can lead to complications in managing one's assets after they pass away. As reported by CNBC, 67% of...

Talking to your parents about estate planning is undoubtedly an important conversation, but it can also be a challenging one. Many individuals encounter common obstacles when broaching this sensitive topic. Avoidance and procrastination One of the primary issues is...

Estate planning is a task that helps individuals distribute their possessions and assets after their death. It ensures that you can take care of your loved ones after your passing and that people uphold your wishes. However, there are several issues that you need to...

Creating a will is a vital step in ensuring that your assets and possessions go to the people you want to have them after you pass away. Over time, your circumstances might change, leading to a need to update the details of your will. If you live in Nevada, you might...

When you sit down to write your will and create an estate plan, you may not initially know who you want as your executor. This choice can affect various parts of your estate, such as who is overseeing the debts and talking with your beneficiaries, so making an...

When you spend a lot of time with your older parents who are creating their will, you may want to protect yourself from accusations of undue influence. This is a term for when beneficiaries or other people think you are pressuring your parents to increase your...

Establishing an estate plan is a significant step toward taking care of your loved ones and having your wishes respected after your death. However, creating an estate plan is not a one-time event. Life's unpredictability means circumstances can change over time, and...