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September 2014 Archives

Estate planning mistakes that may affect Nevada families

Whenever it comes time to think about the fate of funds, assets and how to take care of one's family, it can be difficult to know where to begin or how to approach a unique situation. The fate of a few celebrity estate plans in recent years has shown people in Nevada what they should avoid doing as much as what they may want to do when it comes to creating their own estate plans. While estate planning is unique to each person, some mistakes can affect anyone if they do not take steps to avoid them.

Estate planning mistakes can be easy to make in Nevada

Estate planning should not be a one size fits all kind of journey. Whenever a Nevada family or individual ventures into the estate planning process, there are a few areas of concern that can be costly if not handled properly. It is important for individuals and families to understand new areas of concern and how to avoid common mistakes when dealing with those areas.

Nevada families may need creative estate plan

Every estate plan has to be crafted with the unique family in mind. For some Nevada families, this may simply mean evenly dividing assets between adult children. For others, however, complicated family relations may make the estate a complex one to divide without creating hurt feelings or further complicating those family relations.

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