Comparing a Revocable and Irrevocable Trust
What is the Difference Between a Revocable Trust and an Irrevocable Trust? A trust is a separate legal entity a person sets up to manage her assets. Trusts are created to assure that assets are used in a way the owner deems appropriate after their passing. It is common for some to use a trust […]
Managing your Estate Plan with a Living Trust
So What is a Living Trust? A living trust is a means of managing your estate plan while you are alive. Like all trust funds, a living trust identifies how to distribute assets within the trust after the owner dies. Nearly anything of value can be placed into a living trust. Here are some examples […]
Changing a Living Trust
When Should I Change My Living Trust? A living trust should be reviewed after significant life-changing events. Revoking or amending a revocable living trust can be done at any time and allows you to maintain control over your assets. A living trust often referred to as a revocable trust, should be reviewed regularly for […]
Understanding a Pour Over Will
What is Pour-Over Will? A “pour-over will” is often used in conjunction with a living trust. It is a special type of will because it states that any assets that were not funded into your revocable living trust should go there when you die. In other words, all property that passes through the pour-over will […]
Now is the Time to Draft your Will and Estate
Protecting Your Family and Assets with a Will In the midst of the coronavirus pandemic, now more than ever it is important to make sure you are prepared for anything that could happen and have an up to date will and planned estate. The coronavirus has shown us all just how fragile life can be, […]
Modify Custody via an Emergency Motion
Modifying Child Custody After going through a divorce, the court will decide custody of your children. Even after custody has been established, the parents may want to revise the custody arrangement. If both parents are in accord with a new custody arrangement, they can change the court’s custody order with the use of an agreement. […]
The Process of Filing a Personal Injury Claim
Personal injury is an injury that occurs to a person’s body, mind, or emotion. This type of injury can be a result of recklessness, negligence, or malpractice. Personal injury does not involve injury to property. Personal injury claims compensate the victim of the injury, but only if liability and damages can be proven. Several steps […]
Estate Planning in Nevada: Avoiding Probate
How to Avoid Probate Through Estate Planning After losing a loved one, no one wants to have to go through the costly and time-consuming process of probate, the official proving of a will, and transferring the property of the deceased. Probate must be filed immediately after the person’s death and is a public process that takes […]
Property Division in a Nevada Divorce
How Property Division in Nevada Works The dividing up of property is a frequent concern during Nevada divorce proceedings. Nevada is considered a community property state, meaning that a judge will equally divide a couple’s property in a divorce. A court will intervene in the undertaking of property division if a couple cannot come to […]
Child Custody in Nevada
Navigating the Child Custody Process in Nevada Plenty of couples can agree that a divorce can be a grueling process that leaves the children of the terminated marriage emotionally distressed. Throughout a divorce, many questions can arise regarding how to best resolve the matter of child custody. As it can be an overwhelming and stressful […]
