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Category: trust

Who Owns the Property in a Trust?

Posted in asset protection,trust,trust funds on September 15, 2022

Planning for your family’s future is important, regardless of your assets. Establishing a trust can be a great way to protect assets and ensure your family is taken care of, but it can also be a confusing process. There are many options when it comes to establishing a trust, such as a family trust or… (Keep reading)

Should Your Bank Accounts Be in Your Trust?

Posted in asset protection,trust,trust funds on September 8, 2022

Most people want to ensure that their families will be taken care of after their deaths, but it is not always easy to know how to make that a reality. Establishing a trust is a great way to ensure your loved ones are provided for and receive the correct assets. However, navigating the world of… (Keep reading)

What Should You Not Put in a Trust?

Posted in estate planning,trust on August 16, 2022

Creating an estate plan is never an easy subject, and for some, dealing with death in such a cut and dry manner can be quite jarring. Although somewhat uncomfortable, creating an estate plan can help facilitate a smooth posthumous division of your assets that’s in line with your wishes. One key part of an estate… (Keep reading)

Are an Executor and Trustee the Same?

Posted in trust on August 11, 2022

No, they are not the same. The executor is the person who will help execute the plan you laid out in your last will and testament.  Their responsibilities are under the last will and testament to distribute the assets in accordance with the person’s will.  A will in the state of Nevada needs to be probated… (Keep reading)

How Long Does Probate Take in Nevada?

Posted in asset protection,probate,trust on June 30, 2022

Probate is the legal process of distributing assets of a deceased person’s estate and paying any debts owed by the person prior to their death. The length of time it takes to settle legal matters often varies depending on the specifics of the case, and probate is no different. While families are often dealing with… (Keep reading)

How Does a Family Trust Work in Nevada?

Posted in asset protection,probate,trust on June 29, 2022

Establishing a trust is one way to ensure your assets are dispersed according to your wishes once you’re no longer alive. Living trusts can be set up in different ways, depending on the needs of you and your family. Family trusts can be created so you can specify which family members your assets will be… (Keep reading)

How Do I Set Up a Living Trust in Nevada?

Posted in asset protection,estate planning,probate,trust on May 16, 2022

Setting up a living trust is one of the most beneficial estate planning options you can choose in Nevada. A living trust, or a trust that you set up while you’re alive, can protect your assets and make for a smooth transition for your family members or beneficiaries after you’ve passed or have become incapacitated…. (Keep reading)

Validity of a Will in Clark County Nevada

Posted in asset protection,estate planning,probate,trust on May 4, 2022

Once someone passes away, a will, or something that you think could resemble a will, should be submitted to the court following the death of the person who wrote the will, and the court will decide whether it should be found valid. Nevada law provides that any individual over the age of 18 who is of sound mind… (Keep reading)