Recent Blog Posts
How to Prevent Family Disputes Over Inheritance
Preventing family disputes over inheritance can be a significant goal for those engaging in estate planning. It leaves a positive legacy. You don’t want the positive memories of what you put together for your family to be tangled up with disappointment and anger over what you did or didn’t leave to a loved one…. Read More »
Prepare for Reduced Federal Estate Tax Exemption in 2026
Did you know the federal estate tax exemption is set to drop by nearly half in 2026? If your estate is large enough to face a federal estate tax, without proper planning, your family may face a significant tax liability. Attorneys at the estate planning law firm of Lee Kiefer & Park will discuss… Read More »
Federal Estate Tax Exemption: Potential Changes Await in 2025
Federal estate taxes and exemptions are controlled by federal law, and there will be changes after 2025 (barring any new laws being passed between now and then). You must have accumulated a substantial net worth before the federal estate tax will apply to you (the federal estate tax exemption being $13,990,000 and a combined… Read More »
What is an Estate Advancement?
Creating an estate plan is a great way to take care of our loved ones after we pass. However, sometimes our loved ones need help during our lifetimes. One way to take care of the financial needs of our beneficiaries before we pass is through an estate advancement. An estate advancement is a lifetime… Read More »
Estate Planning Matters: What Happens If You Don’t Have a Will
If you care about who will receive your assets after you pass away, then estate planning matters. A will gives you more control over the transfer of assets from your estate than if you do not have a will. Estate planning can be done without a will, but establishing a will is one of… Read More »
What Documents Will You Need for Proper Estate Planning?
The documents you’ll need to meet your estate planning objectives depends on what your needs are. It’s possible you may need a very comprehensive estate plan, or it is possible you may need very few documents. At Lee Kiefer & Park, we thoroughly discuss with our clients their estate planning wants and needs to… Read More »
What Happens to My House if I Die Without a Will in Nevada?
What happens to your house if you die without a will depends on many factors, such as whether or not you’re married, if you have children, how much debt and other expenses you have, etc. If you have sufficient other assets to pay your debts and final expenses, then your house will pass to… Read More »
Which Assets are Exempt from Probate in Nevada?
When an individual dies owning assets in his or her individual name, the process by which the individual’s assets are transferred to his or her heirs is through a court proceeding known as “probate.” In some cases, a probate may not be necessary or may be accomplished through simplified proceedings. For example, if there… Read More »
What Happens to a Joint Bank Account When One Owner Dies Without a Will in Nevada?
Joint bank accounts may be useful for spouses, family members, and business partners who share expenses or help each other with their finances. However, multiple owners can create some issues, including who takes ownership if one account owner passes away without a will. Contact our estate planning lawyers to help you navigate the next… Read More »
What is Estate Tax Portability, and How Can It Help Me?
Federal estate taxes only apply to wealthier individuals, and portability is a way to reduce the burden on a married couple. This practice allows an unused tax exemption to be used by the surviving spouse as long as the right IRS form is used. It’s a small price to pay if it helps your… Read More »
