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Often, estate planning is approached in a one-sided manner. Of course, the prospect of thinking about your own death, or discussing such a topic with loved ones can be daunting. Nevertheless, it is important to approach the issue in a balanced way. There are a number...
Estate planning is something that people sometimes associate with older adults; however, all adults should have their plan in place. There are several things that you need to think about. You may realize that you need a will, but that’s not all there is to estate...
An incentive trust is just one type of trust that you can use when doing your estate planning. It allows you to give incentive to your heirs to reach specific goals because they will get their inheritance if they do so. For instance, maybe you have an heir who...
The idea of going to an attorney to have your will written seems time-intensive, laborious and a tiny bit intrusive. Can’t you just write your will by hand instead? Handwritten (or “holographic”) wills are valid in Nevada -- but that doesn’t mean they’re a good idea....
Parents are often looking for ways to avoid estate disputes, and that starts by considering why they happen. For instance, it’s well known that disputes are more likely if there is no estate plan to give the heirs direction. Therefore, the first step to reducing the...