Living trusts ease the burden when a family member dies by allowing families to bypass the often lengthy and costly probate process. This enables loved ones to receive what is bequeathed to them more swiftly and with minimal hassle.

Living trusts ease the burden when a family member dies by allowing families to bypass the often lengthy and costly probate process. This enables loved ones to receive what is bequeathed to them more swiftly and with minimal hassle.

From taking inventory of your assets to selecting an executor, we’ll cover everything you need to know to create a solid estate plan that reflects your wishes and protects your legacy.

By examining the nuances of these legal instruments and their respective pros and cons, readers will be equipped to make informed choices for their estate planning needs.

What happens if your relationships change and you have a falling out with your successor trustee or your health care agent or your financial power of attorney agent or your beneficiary. You may not want their help anymore. You may not want them to get your assets anymore after your death. But you still have them listed in your plan.

An outdated plan is sometimes worse than no plan at all because it gives you a false sense of security that you, your family and your money are protected...when they are not.

Remember the trust is like a bucket and you have to put most of your assets inside. Well, basic living trusts will still go to probate for 2 reasons.

Our team ensures that the proper documents are created and submitted to the state to protect you from the Unholy Circle of Adult Guardianship Court.

Probate, put simply, is the legal method by which your assets are distributed upon your death. If your estate meets certain qualifications, it triggers probate - that is, it sets in motion the probate process. The court will begin the proceedings to distribute your estate, which is called probate court. If you don't have a will, then a similar process, which is called "Administration" in Nevada, is used to settle your affairs.