Whether for state income tax purposes or otherwise, many people want to establish residency in Nevada. Consider these things when changing domicile.
A pour-over will is coupled with a living trust as part of a complete estate plan and will ensure that your estate avoids probate administration in Nevada.
The Secure Act 2.0, new retirement legislation, was just signed into law as part of Congress's spending bill, with some provisions taking effect in 2023.
In Nevada, a beneficiary of a trust has certain rights to receive a copy of the trust document from the trustee.
The Secure Act may affect your estate plan and how beneficiary withdrawals from an IRA must comply with the new 10-year rule.
The are strict rules for the expenses a special needs trust can pay. Food and shelter are prohibited, but clothing, utilities and other items can be paid for.
The 5 estate planning documents you to consider in Nevada are a last will and testament, living trust, 2 different powers of attorney and medical directive.