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February 2013 Archives

Nevada learns of trust litigation case

The trustees of an estate recently ended up in court when they had to determine who should receive the money left in trust for the benefit of a school. The trust litigation that ensued after the death of the creator of the trust was ultimately decided by a probate court. Now, our readers in Nevada may be glad to learn that the intent of the person who made the trust will be followed.

Nevada estate planning can benefit from early start

Many readers in Nevada know that the issue of estate planning is one that should be addressed. However, just as many people feel that they have time to wait until they enter into estate planning. This is especially true if an individual feels that they are young or have few assets to leave to their potential heirs.

Nevada estate planning important for all types of families

The changing of the structures of families has made estate planning more important than ever for readers in Nevada and across the nation, one recent report notes. The author asserts that American society has been evolving away from the past ideal of the once-traditional nuclear families and that, by using customized estate planning tools, an individual can ensure that all of their relatives are addressed when it comes to asset distribution after death. In addition, it may be necessary to make considerations for end of life care and the needs for specialized documents such as powers of attorney.

Nevada estate planning can include healthcare decisions

There are many elements to be considered as a person in Nevada begins the estate planning process. Commonly, people understand the need to choose to use tools for estate planning such as a will or trust to disperse their assets at the time of their death. What they may not consider are the additional documents that can make a plan complete.

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