Living trusts are getting a lot more attention nowadays - and with reason. What was once considered a tool for the wealthy is now widely available for anyone to draft.
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COVID-19’s effects on estate planning in the Las Vegas community and why you need an estate plan.
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Many people, particularly those with spouses or families, wonder whether to do a will or a trust, or either at all. My pages on Wills and Trusts are meant to address very general questions already, but Nevada’s new probate laws may affect your decision, depending on the anticipated value of your estate.
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Your estate should reflect your particular desires and circumstances. For example, if you do not own any real estate or significant assets, you may opt to simply have a will. Conversely, if you have a larger estate, you should consider a living trust.
In the event you choose to have a Last Will and Testament, various options exist.
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