A frequent problem in estate planning involves the ownership of vehicles. For example, if a vehicle is titled in a spouse’s name, but you have made all the payments, what happens to the vehicle if your spouse passes away before the title is transferred? Understanding Title and Estate Inclusion The key factor in determining whether […]
Estate Planning When a Title is the Name of Only One Spouse Read More »
Attorneys frequently are asked questions by individuals who are beneficiaries of a trust. They want to know details about what they will inherit in some future, but aren’t sure if they can legally access the trust document to get this information. Beneficiary Rights While Grantor Is Alive When the creators of the trust, known as
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A common concern expressed by clients at Clear Counsel Law Group is how a divorce impacts existing estate plans. They often wonder if the whole estate plan needs to be redone when they face a divorce. Effect of Divorce on Estate Plans In Nevada, when a couple divorces, the law automatically invalidates any provisions in
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Legal guardianship is a complex, and delicate matter in estate planning. Beyond the legal implications, it can be overwhelming for some when taking control over another person’s interests. Clear Counsel Law Group, with its expertise in estate planning, probate, and guardianship, provides some useful light on these critical topics. When is Guardianship Necessary? Guardianship arises
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Will or Trust? What is the Best Estate Planning Instrument for Your Situation? Transcript: Jordan: Hi, I’m Jordan Flake. I’m an attorney with Clear Counsel Law Group. One question I get a lot in my estate planning practice is what’s better to have, a will or a trust? It’s a good question because everyone has
What is the Better Estate Planning Document, Will or Trust? Read More »
Buying a home is a great investment in your future and a financial milestone for many. Still, the question arises, is it better to own the home in your name or in a trust? At Clear Counsel Law Group, we often receive calls from new homeowners curious about this very topic. Understanding the implications of
Should You Own Your Home in a Trust? Read More »
Estate planning, which involves creating wills and trusts, frequently deals with two important concepts: community property and ademption. These are especially relevant in states like Nevada, which operates under community property. Community Property Explained Community property is a legal principle that presumes assets acquired after marriage are equally owned by both spouses. This means that
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Why Everyone Needs Estate Planning, Not Just the Very Wealthy Transcript: Jordan: I’m Jordan Flake. I’m an attorney with Clear Counsel Law Group, and I do a lot of estate planning in my legal practice, and one thing that people are starting to catch on to is that estate planning isn’t just for the elderly
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In recent years, particularly around 2015, there was significant media attention on the guardianship process in Southern Nevada. Concerns were raised about the potential exploitation of the elderly by guardians and whether the court was effectively overseeing this critical process. This awareness led to numerous inquiries from individuals with elderly parents living in Nevada concerning
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Caring for an elderly parent is a difficult and emotionally fraught task. Outside of the day-to-day care, questions arise about ensuring their well-being in the future and the appropriate handling of their assets after they pass away. One of the most common concerns is how to manage a parent’s home, especially if one sibling has
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