Getting older and losing one’s independence is a topic that most don’t like to think about, let alone plan for. However, it is extremely important to talk about these difficult issues in order protect Senior Citizens from being taken advantage of by unscrupulous third parties. The number of Americans ages 65 and older is projected to…
Continue reading…Category: Probate
Who Are the Decision Makers in Your Estate Plan? (Part 2)
Welcome back to the second installment discussing key decision makers. Part 1 introduced the concept of decision makers and we named some active roles. This week, we are finishing up this topic by naming a few more roles that are pertinent parts of running a successful estate! Enjoy! Agent (Durable Power of Attorney for Healthcare…
Continue reading…Who are the Decision Makers in Your Estate? (Part 1)
Who are the Decision Makers in Your Estate Plan? (Part 1) Within an Estate Plan, there are decision makers that are appointed to make sure your estate runs efficiently and appropriately after you are gone. Some of these decision makers will play a very small role and some will have a larger, more active…
Continue reading…Estate Planning for Millennials – You’re Not too Young to Start Planning! (Part 3)
Okay Millennials, we are going to finalize this 3-part info session with Asset Protection!! When thinking of asset protection, even if you have no current assets, it is much more beneficial to have in the initial stages of planning rather than trying to group your assets together and place them later. Nevada is one of the…
Continue reading…Estate Planning for Millennials- You’re Not too Young to start Planning! (Part 2)
Revocable Living Trust: A Revocable Living Trust (RLT) is also known as a “Living Trust” and/or “Family Trust”. It is created to hold the Grantor’s (Trust Creator’s) assets for the duration of that person’s lifetime. Typically, the Grantor retains control over all of the trust assets, as long as he/she is alive & well. A RLT dictates…
Continue reading…Things to Do Following the Death of a Loved One: Part I
Within the First Week: Determine whether any of decedent’s (decedent = deceased person) property needs to be safeguarded, such as a home, vehicle, vacation house, office, etc. Ensure that proper funeral/cremation arrangements have been made. Look for any letters of instruction/final wishes – our clients are typically given a “Memorial Instructions” worksheet, located in their…
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