Some Nevada residents might be among the 60 percent of American adults who say they do not have a will. While may individuals many have difficulty thinking about mortality, creating a will could save their loved ones a great deal of time and money.
Incentive trusts can provide peace of mind
Many Nevada residents choose to incorporate trusts into their estate plans because they worry that some of their heirs could act irresponsibly if they were to unexpectedly inherit a significant amount of money. A large windfall could have catastrophic consequences if the recipient has addiction issues or is unduly influenced by manipulative or pernicious individuals, and people who have these concerns often choose to place their assets into an incentive trust.