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May 2016 Archives

Insurance and other estate assets may change after divorce

Nevada residents who have established estates to care for their loved ones after their own deaths may be interested to know that a subsequent divorce could have an impact on them. Although divorces commonly include property or marital settlement agreements, these documents could overlook critical later-life issues, like estate planning, in favor of things like dividing marital property or creating parenting agreements.

Leaving unequal inheritances doesn't have to cause conflict

It is common for people in Nevada to interpret estate planning decisions as expressions of love. Regardless of what a parent's reasons were for dividing their estate unequally, the beneficiaries who receive smaller shares may feel hurt. Not wanting to hurt anyone's feelings, people may decide to leave equal bequests to their children even if doing that doesn't make sense.

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