A Certificate of Independent Review can be a critical component of your estate plan to ensure your wishes are honored. Read on to learn why.
April is right around the corner, but no one wants to be made into an April fool. That’s why it’s important for your Las Vegas will attorney to help you understand what your will is – and maybe more importantly, what it’s not. Here are a few common myths about wills – and why they’re […]
Who is a prudent person? What is a prudent person? Are you prudent? It’s not the most commonly-used word, but if you’re ever appointed as a trustee or executor, you’re going to learn the definition pretty quickly. Your goal will be to become prudent personified. In fact, “the prudent person” is the standard against which […]
When estate planning, don’t assume your heirs can maintain off your will alone. Take these steps to ensure your beneficiaries have all the wealth they need to take care of themselves and your final expenses. Set Up a Retirement Plan A retirement plan, such as a 401K or IRA adds extra room for comfort to […]
The attached image was prepared for financial advisors and provides a sharp and simplified overview of progressing life stages and their respective planning issues. Granted it’s generalized, but it offers a good template for the average person. It doesn’t mention focusing on estate planning until the Empty Nester stage, but I would argue estate planning […]
My wife and I have two boys, one is five and the other is two. They both love Legos, but one plays a little more neatly with them than the other. After helping my five-year-old build several cars and other sets, I told him he needed to put them up on his shelf before his […]
It is a huge mistake to go through life without having made out a will, particularly when raising a family. Those who are young, have yet to accumulate assets and do not have children or spouses generally don’t need a will. But when the assets grow along with family responsibilities over time, the need for […]
I’ve heard many reasons why people delay estate planning. Perhaps one of the most common is the feeling that planning one’s estate is so overwhelming a task that they don’t know where to begin. Between determining heirs at death, deciding distribution timing and amounts, and ensuring the prevention of estate tax liability, among other issues, […]