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August 2016 Archives

Pet owners can provide for animals in their estate plans

Nevada residents may have heard the story about the inheritance that Leona Helmsley left to her dog when she died in 2007. Helmsley's dog Trouble was left $12 million, but a judge later ruled that the dog's inheritance was excessive, and $10 million was given to charity. Gail Posner left $3 million to her three dogs and instructed her staff to continue caring for them in an $8.4 million house.

Important things to consider regarding estate planning

For those who may be facing hospice care or who have a terminal disease, preparing a last will and testament can lessen the burden on family members who might otherwise have to pay taxes, burial fees and other legal matters pertaining to their loved one's estate. Nevada residents might be interested in reading several main points regarding estate planning, whether it is for themselves or for elderly family members.

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