Recent Blog Posts
Probate Process: Can I Sell Property If I Need to During Probate Process?
One fact that is not widely known is that most of the time when a person dies, their property must go through a process called Probate. This is a very costly and complex process. One of the main reasons for its price tag is the number of actions the Court must be involved with…. Read More »
The Appointment & Responsibilities of a Designated Personal Representative
It is important in life to have order. For everyone to live in harmony one with another, from our earliest history, societies have created a system of laws. In a targeted way, we have designated laws regarding how estates are to be administered after a person dies. To keep order, one person takes the… Read More »
Probate Process: What Does It Mean to Open a Probate Estate and Who Can Do It?
Most people chase the dream of owning their own home and vehicle. Additionally, we acquire many items of personal property. These items range from things as small as a pair of glasses and smaller to things as large as a television set or pool table and bigger. After acquiring this property, what happens to… Read More »
Independent Administration: What Am I Able to Do and What Is Not Allowed?
Nevada has a complicated process when it comes to dividing property at the time of a person’s death. Unlike some states, virtually every action taken during the Probate process must be approved by the Court. As the value of the estate increases, more is required. Small estates can have a streamlined process while larger… Read More »
Court Jurisdiction: The Court and Types of Probate Proceedings in Nevada
It is often the case that individuals execute a Will to express their wishes as to the distribution of assets after they die. Whether or not a person has a Will, cases must go through the Probate Process. This article discusses the different options available depending on the value of the estate. The experienced… Read More »
Community Property: I’ve Heard Nevada Is A Community Property State but I Don’t Know What That Means?
If you live in Nevada and are married, there is a good chance you have heard the term Community Property. Only nine out of the 50 United States use Community Property for property ownership. Nevada is one of them. What does that mean? This article works to help explain some of the specifics. The… Read More »
Divorce and My Trust: Will I Lose Property?
Millions of people around the world long to find a partner and look forward to a marriage that will last a lifetime. Human beings desire to love and to be loved. Along the path of life prior to marriage, people acquire property. Some property is bought, some property is inherited, and some is simply… Read More »
Debt: When I Die Having debt, What Happens to The Liability? Does It Go Away?
One of the hardest things to do in life is avoid debt. In the world today, we have so many attractive products that push us to spend beyond our means in addition to the common desire to own a home and car. This debt comes in many forms. Examples include a loan for a… Read More »
Trustees: How does a Trustee account for their actions In Managing the Trust?
People all over the world spend a lifetime chasing dreams and building a life. Most people want to have a say in what happens to the property they acquire after their death. This desire leads many to create estate planning documents that lay out distributions of assets. As a way to keep order and… Read More »
I’m the Trustee and a Beneficiary: If I Neglect My Duty, Can I Lose My Inheritance?
It is common to be listed as both the Trustee and Beneficiary of a Trust, but it is important to remember that both roles have different responsibilities. If you are both the Trustee and Beneficiary and the Trust explicitly states that you can lose your inheritance for neglecting your duties, it is best to… Read More »
