Most people don’t spend enough time thinking about estate planning. Some think they are too young to worry about estate planning, others don’t think they have enough of an estate to bother planning for so they never get around to it. The truth is that estate planning is an essential tool to help you distribute […]
Estate Planning Horror Stories Read More »
One of the things that you will need to learn about when it comes to estate planning would be the role of the executor. When you write out a will, you will need to appoint someone to this position, so it is something you will need to consider very carefully. You will want to name
What Does an Executor Do? Read More »
There are actually numerous different parts of estate planning, but arguably, the one basic thing you absolutely should do if you do nothing else would be putting together a last will and testament. This is considered very basic, and it is vitally important no matter your age. If you are unsure of why it is
Why You Need a Will Read More »
Discovering that someone close to you has named you as the executor of their estate can be overwhelming, and downright frightening to some. If you know that, though flattered, you absolutely do not want the responsibility, you can always make the decision to decline to accept the role. The following information will give you a
Understanding Your Role as an Executor Read More »
As anyone with any experience in estate planning will tell you, probate proceedings are best avoided. The world isn’t perfect and sometimes they are unavoidable. When family members of a deceased individual dispute an estate, the whole estate has to endure probate court, dealing with the associated costs and maddening bureaucracy. Most individuals probably want
Is There an Easy Way to Avoid Probate in Nevada? Read More »
If a person’s assets have not been adequately tended to when they die, those assets will most likely be divvied up in probate court. While this may seem standard, it’s actually a thing to be avoided. Probate proceedings tend to be fractious, not to mention costly and unending. Within the state of Nevada, there are
Ways You Can Avoid Probate in Nevada Read More »
Although it’s widely known that estate planning is important, most people prefer to put it off. Unfortunately, it’s one of those things that simply needs to get done or the repercussions could be severe for those most important to you. Vague notions don’t tend to motivate, so here are some of the reasons you should
Don’t Wait to Plan Your Estate Read More »
When considering wills and inheritances, most people consider adult beneficiaries. After all, you hope to pass when your children are grown and the people in your life are around to enjoy what you leave them. However, there are situations where children can be left with property and other assets. Leaving assets to young children and
How to Leave Assets to Children Read More »
When it comes to planning your estate, it is necessary to designate an executor. This person, or institution, will be responsible for clearing all of your debts, assessing your assets, and carrying out your final wishes. Choosing the executor of your estate is one of the most important decisions regarding estate planning, so carefully consider
How to Choose the Right Executor for Your Will Read More »
When a person dies, their assets are going to need to be distributed one way or another, as well as debts paid. While a will is usually used to determine who receives what, sometimes a will simply doesn’t exist. In these cases, the court decides how assets are to be allocated. Either way (will or
Why and How to Avoid Probate Read More »
