What Is a Trustee? Challenges to a Nevada Trustee and What Beneficiaries Need to Know
June 28, 2017
Trusts play a central role in modern estate planning. Offering flexibility, privacy, and control over how assets are managed and distributed.…
Planning for Digital Assets
May 1, 2017
One of the most overlooked assets in your estate plan is digital assets. "Digital assets" mean an electronic record in which a natural person…
REASONS TO BE GRATEFUL YOU’RE NOT LIVING IN SPAIN (OR LOUISIANA)
January 25, 2017
In all of the Spanish regions where inheritance is covered by the Spanish Civil Code, children are legally entitled to two-thirds of the deceased…
Special Administrators are a Valuable Resource
September 29, 2016
Special Administrators
Assets which are not subject to probate administration are referred to as “non-probate assets”. Examples include…
Prince’s untimely death reminds us of the importance of having an Estate Plan
May 11, 2016
The Importance of an Estate Plan
According to his sister, Prince Rogers Nelson (“Prince”), died without a Will or trust with an estate estimated…
Family Member NOT Appointed Administrator
April 29, 2016
The appointed Administrator is the person you nominate in your Last Will and Testament to be in charge of your estate. Assuming the person…
Caring for our animals through the use of a Pet Trust
March 31, 2016
Forbes magazine reported that in 2015 Americans spent more than $60 billion on their pets. According to the American Pet Products Association…
Ashes to ashes…
December 11, 2015
A Florida couple’s twenty-three-year-old son, single and without children, died in a tragic automobile accident. He left no will and no written…
Inheriting Property Subject to a Mortgage
November 5, 2015
Generally, a creditor’s notice must be sent to every creditor to whom the Decedent owed money to at the time of death. NRS 147.010. If…
Estate Administration
August 28, 2015
Estate Administration What exactly is estate administration? This is a question that you may find you are asking yourself if you have just lost…
Contesting Wills
July 22, 2015
There are many times when people learn that a loved one has passed, and then discover that the Will they left behind wasn’t exactly what they…
Fiduciary Duty
May 1, 2015
Fiduciary Duty: Trustees and personal representatives of an estate are fiduciaries and have certain duties and obligations that must be met. If they breach their duty as a fiduciary, they may be removed from their role and may be personally liable for any losses that they have caused.
Probate Terminology
April 30, 2015
If you are in the position of serving as the administrator or executor of an estate, you may be feeling overwhelmed. In addition to the loss…
Letters of Entitlement
April 16, 2015
In Nevada, there are several different methods set forth to administer an estate. Which one is used depends a lot on the size of the estate,…
Divorce is going to the dogs!
January 27, 2015
I ran into an old colleague the other day. He recently broke off a long term engagement with his fiancé. He proceeded to tell me that they…
Save Time & Money With These Helpful Probate Shortcuts
January 13, 2015
When a loved one has passed away, the last thing anyone wants to do is deal with frustrating legal processes. You deserve to have any assets…
Will May be Contested Even When Testator Possessed Capacity
December 23, 2014
Even when a Decedent is believed to have had testamentary capacity at the time a Will was executed, the document may be set aside if it was the…
Are Retirement Benefits included in the Probate Process?
October 29, 2013
RETIREMENT BENEFITS AND PROBATE
When you create an IRA or pension plan, you have the opportunity to designate a beneficiary. A beneficiary…
