Recent Blog Posts
Why Have Healthcare Power of Attorney and a Financial Power of Attorney
The process of estate planning includes preparing for the future while safeguarding your assets along the way, ensuring all your desires are in place to facilitate a smooth transition for your loved ones after you are gone. However, unanticipated situations can arise during your lifetime necessitating the need for others to step in and… Read More »
Nevada’s Homestead Exemption Laws and What it Can Do For You
The Nevada homestead exemption law is among the most generous in our nation. Thanks to Nevada’s strong public policy, residents in Nevada can now keep their homes despite entry of a judgment against them. How does Nevada’s Homestead Exemption Law Work? Homestead Declaration forms are filed with the County Recorder by Nevada homeowners so… Read More »
Property Exempt from Execution
When a judgment is entered against you, a creditor will look to enforce it by seizing a debtor’s property. Once a creditor obtains that property, they will sell it to satisfy the debt. That process is referred to as “execution.” Even if a judgment exists, certain types of assets cannot be taken from you… Read More »
The Different Types of Trusts: How Are They Used?
One fact of life is that the possessions we acquire and the wealth we build cannot go with us when we pass. To dictate what happens to their possessions and wealth, individuals undergo a process to make their intentions clear. Many use a Will to show which individuals will receive which possessions. Others know… Read More »
I Have Been Named As Trustee: What Do I Do?
When creating a Trust, one must designate a Trustee to manage the assets of the estate. One individual, several individuals, family, friends, professional advisors, an institution, and others can be designated as Trustees. Being designated as a Trustee brings many responsibilities that must be performed. The experienced trust and probate attorneys at Lee Kiefer… Read More »
30 Probate and Trusts Terms You Should Know
In the world of Probate and Trusts, many terms exist that at first look, might seem hard for nonlawyers to understand. With this article, it is our hope that the experienced trust and probate attorneys at Lee Kiefer & Park, LLC, can help alleviate this concern by simplifying 30 terms. Lee, Kiefer, & Park,… Read More »
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 »
