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Should Asset Protection Be Part of Your Nevada Estate Plan?
Posted in asset protection,estate planning on May 13, 2023
Estate planning has become more popular over the last decade, but now individuals are going even further and incorporating asset planning to supplement their estate plan or, in some cases, replacing it altogether. Depending on the circumstances of a situation and the individual’s assets and specifics of their wishes for those assets following their death,… (Keep reading)
Estate Documents You Should Update After the Death of a Spouse
Posted in asset protection,estate planning on April 12, 2023
Losing a spouse is a deeply emotional and distressing experience that can leave you feeling overwhelmed and heartbroken. As you navigate the grieving process, paying attention to important legal and financial matters that may arise due to this significant life change is crucial. Ensuring your estate documents are up to date can help protect your… (Keep reading)
How a Trust Can Help Your Estate Plan
Posted in estate planning,trust on April 11, 2023
Estate planning is the organization and management of your lifetime assets. It involves deciding how your wealth and property will be distributed to your beneficiaries. One legal tool that has gained popularity in recent years for its flexibility and utility in estate planning is establishing a trust. Trusts offer several benefits that can help you… (Keep reading)
Nevada Estate Planning Mistakes to Avoid
Posted in estate planning on March 15, 2023
An estate plan allows you to choose where your assets go after you pass. Unfortunately, mistakes in your estate plan can make it difficult for your wishes to be carried out. Understanding common mistakes in estate planning can help you avoid them. Additionally, working with an estate planning lawyer in Las Vegas during your plan’s… (Keep reading)
Validating an Estate Plan in Nevada
Posted in estate planning on March 9, 2023
Estate plans can be made by anyone who wants to protect their assets and ensure their family and loved ones receive benefits. Having an estate plan can also help make the probate process easier and ensure your assets are distributed how you’d like them to be after you’re gone. However, an estate plan also needs… (Keep reading)
Estate and Gift Tax Planning in Las Vegas
Posted in estate planning,tax planning on February 14, 2023
Planning for taxes and tax burdens is a crucial aspect of estate planning. However, it can often be overlooked for any number of reasons. For one, many people consider it an unpleasant topic. It is natural to resent the idea that the government will take some portion of their hard-earned estate. The idea that this… (Keep reading)
Estate Planning Tips for Las Vegas Newlyweds
Posted in estate planning on February 12, 2023
Marriage is a celebration, particularly in a wedding destination like Las Vegas. It can be easy to leave the mundane details behind and focus on the party. But no matter how much fun the wedding celebration was, marriage is a serious legal contract between two adults. With it come some important responsibilities that you and… (Keep reading)
Posted in asset protection,estate planning on November 15, 2022
Nevada Revised Statute (NRS) Chapter 115 is the law that establishes the right to homestead your primary residence. At present, a homeowner can protect up to $605,000 in equity, which the statute defines as the amount that is cletermined by subtracting from the fair market value of the property the value of any liens excepted… (Keep reading)
