Protecting Your Wealth One Piece at a Time
Even when you finalize your estate plan, you should actively maintain and update it as needed. Overlooking important steps could cost you a lot of money and jeopardize your plan's value over time. Updating your plan the right way enables you to maintain its effect...
Business owners in Nevada who want to make sure their life’s work continues after they are gone need to think about how to address this objective in estate planning. A trust can work well under these circumstances, but it is imperative to know how to ensure the...
Nevada residents who have a health care power of attorney as part of their estate plan will name someone they trust to be their agent. However, there are common concerns as to what can happen if, for example, that agent cannot fulfil their duties. People who want to...
Many Nevada residents use a will to ensure their loved ones are taken care of and their property goes where they want it to go. Of course, life goes on after an estate plan is created. It is inevitable that changes will occur and it is important to know how these...
Drafting a will is a responsible decision. A valid will ensures that your assets will be distributed according to your wishes after you die. When you have your will drafted, you must appoint an executor. This is a person legally responsible for distributing assets,...
An important part of any Nevada resident’s estate plan is that person’s financial durable power of attorney and their health care durable power of attorney. The financial document allows another individual, who often is but does not have to be a family member or...
There are lots of ways a Las Vegas resident can give to a charity of their choice. They could, for example, choose to make a one-time gift or do regular donations while they are still alive. They also might wish to leave a bequest to their favorite charities in their...
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...
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...
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...
David A. Straus is the author or co-author of many publications.
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