Avoiding Living Probate and Death Probate

Death Probate is a legal proceeding to settle the estate of a person who has died. It includes appointing an executor/executrix, settling with creditors and dividing the assets among your beneficiaries. Living Probate is a term that was coined to describe a conservatorship or guardianship proceeding if a person has lost their mental capacity. Both Death Probate and Living Probates ...

5 Important Things to Know About the Probate Process

The probate process can be difficult to navigate. Often, people are confused about what happens when an estate enters the process of probate. Who takes care of the taxes, paperwork, appraisals, and distribution of the assets? The information below contains important facts to keep in mind when dealing with probate. Executor The executor of a will is either named in ...

The importance of an employee’s handbook in a slip and fall accident

Many lawyers don’t take slip and fall cases for a variety of reasons: (1) liability may be hard to prove, (2) the amount of damages may direct their attention elsewhere, and (3) they mistakenly believe that conservative juries will turn them away with little to no recompense for the medical expenses, lost wages, and other damages for injuries incurred. Obtaining ...

What is Estate Planning?

Estate planning is the process of preparing your assets for your death or incapacity. It can also include planning for taxes and creditors. Your estate is simply anything that you own. An estate planning attorney prepares living trusts, living wills, powers of attorney, wills, advance directives, post-nuptial agreements, health care powers of attorney, and the Nevada Asset Protection Trust. Why ...

Out-of-State Trusts Need Updated

Many folks have Living Trusts that were formed in California or another state before moving to Nevada.  These trust documents should be updated to avoid what is known as "conflicts of laws".  A Living Trust attorney forms trusts to avoid probate, but when a Living Trust is formed in another state, you are much more likely to need a court order ...

What is Wrong with Estate Planning?

Estate planning is the process of preparing your assets for death and possible incapacity. It also includes planning for estate taxes. The primary tool used for estate planning is the revocable living trust. This is supplemented with a will, financial powers of attorney, and health care directives. While these documents are important, document preparation firms have turned the documents into ...

Do I Need an Attorney to Help With My Will?

Wills and trusts are common ways you can convey your assets to other individuals upon your death, according to Cornell University School of Law. You may have reached a place in life that you feel the need to prepare a will. In addition, you may wonder if you should retain an attorney to assist you in preparing it. There are ...

5 Problems with a Living Trust

Living Trust are great tools that are used by many Americans to solve a range of problems from probate, guardianship, divorce, lawsuits and gold diggers. Yet, a Las Vegas Living Trust attorney may not tell you that many Living Trusts may cause more expense and headaches than probate if they are not used properly. Problem 1: Wrong State Forum When ...

5 Types of Probate Court Cases

Probate courts deal with matters pertaining to the estate of a deceased and oversee the distribution of assets after a person has passed on. The word probate refers to the proving of a will: determining if a document outlining the decedent's last testament is valid or not. Probate cases take different forms, and each one has unique procedures that will ...