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What Are the Seven Steps in the Estate Planning Process?

Posted in estate planning on November 5, 2024

Starting the estate planning process can be overwhelming, especially if you are attempting to do so on your own. Having an experienced Las Vegas estate planning lawyer by your side throughout this process can make everything go a lot more smoothly. Still, it is important to understand and know how the estate planning process actually… (Keep reading)

What Is the Difference Between Will and Estate Planning?

Posted in probate on November 4, 2024

Having a plan for what comes next after you pass away is important, especially if you are the owner of a significant estate and there are beneficiaries whom you wish to take care of. Before that can happen, though, it is important that you take the proper steps to protect not only yourself but your… (Keep reading)

What Assets Are Exempt From Probate in Nevada?

Posted in probate on September 16, 2024

Understanding exempt and non-exempt probate assets can be confusing, especially for those unsure about the estate planning process and how probate works. At Ken R. Ashworth & Associates, we can share a clear overview of what assets are exempt from probate in Nevada. What Is Probate? Probate is a legal process that happens after a… (Keep reading)

Do You Have to Go Through Probate in Nevada?

Posted in probate on September 15, 2024

Attending to legal matters in probate court can be expensive and time-consuming. Understandably, people want to avoid putting their family members through court hearings and meeting with lawyers while also grieving their loss. This may leave you wondering, do you have to go through probate in Nevada? What Is Probate, and Is It Necessary? Probate… (Keep reading)

Does a Trust Avoid Probate in Nevada?

Posted in estate planning,probate,trust on August 23, 2024

Probate courts can create a time-consuming ordeal for your loved ones. This is one reason why many people turn to Las Vegas estate planning lawyers who can take steps to reduce the time an estate spends going through probate. One question attorneys frequently field is, “Does a trust avoid probate in Nevada?” A trust provides… (Keep reading)

Does Nevada Have State Income Tax on Trusts?

Posted in taxes,trust on August 22, 2024

If you are planning on setting up a trust in Nevada, you may be wondering, “Does Nevada have state income tax on trusts?” Some states tax income from trusts, which can mean there are fewer funds available for the beneficiary of the trust. By working with a trusted Las Vegas trust lawyer, you can set… (Keep reading)

What Is the Downside of a Living Trust in Nevada?

Posted in estate planning,trust on July 10, 2024

If you are looking to make an estate plan that you feel respects your goals and wishes, you may have wondered, “What is the downside of a living trust in Nevada?”. Answering that question begins with understanding living trusts and applying that knowledge to your situation. An experienced living trust attorney can help you explore… (Keep reading)

How Does a Living Trust Work in Nevada?

Posted in estate planning,trust on July 9, 2024

If you are in the planning stage of your financial future and are asking, “How does a living trust work in Nevada?” the law firm of Ken R. Ashworth & Associates is here to help you unpack this question. Living trusts in Nevada are a powerful tool for managing your assets and health care details…. (Keep reading)