Nevada Estate Planning Legal Questions

If the value of the properties is not great, you won't need to pay federal estate tax. Whether or not you'll need to pay state estate taxes will depend upon which state the properties are located in. However, if you and your mother are "joint tenants" of the properties, they would automatically come to you upon her death. You might also look into setting up an LLC or a corporation for the properties to reduce or limit tax liabilities.... Read Answer

As an estate attorney practicing 20 plus years in the area, I have no idea what you are asking for. This is opinion is solely based upon the facts presented in the inquiry. Additional facts may be important and may change the analysis. If you are uncertain, seek legal counsel. We are not your attorneys. This answer is being offered to assist you in determining if you need to retain legal counsel to assist you, not to resolve your issue through an email inquiry.... Read Answer

Unfortunately, it is not that easy. You may need to file an action to get the result you are looking for. You should sit down with an attorney to address your options and costs associated with the same. This is opinion is solely based upon the facts presented in the inquiry. Additional facts may be important and may change the analysis. If you are uncertain, seek legal counsel. We are not your attorneys. This answer is being offered to assist you in determining if you need to retain legal counsel to assist you, not to resolve your issue through an email inquiry.... Read Answer

In Nevada, even if there is a Will naming you as the 100% beneficiary, the surviving spouse is entitled to all of his estate if it is valued at $100,000 or less. Thus, she may be correct. Retain an attorney if you want the specifics of your case reviewed. This information is only intended to give general information in response to an inquiry. It does not establish an attorney client relationship. This response is only based upon the limited facts presented and is merely intended to assist you in determining if you should contact an attorney to provide you with legal advice.... Read Answer

It is possible but not a guarantee for the spouse to do it. Some hospitals will deny. If you do not have a power of attorney the healthy spouse may need to establish a guardianship which is expensive. Get powers of attorney if you can! Generally speaking children will need to go the guardianship route. Do not put your children or souse through that.... Read Answer

Legally through probate it would pass to the remainder beneficiaries. If the reminder beneficiaries are not interested in receiving it the Estate may liquidate it through probate, seek authority to distribute it to a person who wants it, or abandon it. These all should be addressed with probate counsel. Time shares are not easy to deal with. Your parents estates may be liable for expenses even if abandoned. Oftentimes timeshares are one of the costliest items to deal with in probate.... Read Answer

Usually a quitclaim deed is sufficient. Most times the lender will prepare it. You do not need to amend the Trust. After the refinancing is complete, so long as you are not violating the terms of the new note you may transfer the property back to the Trust via a quitclaim deed. It is usually a good idea to get something in writing from the lender authorizing you to put the property back into the trust. If you have questions, you should speak with your estate planning attorney. This information is only intended to give general information in response to an inquiry. It does not establish an attorney client relationship. This response is only based upon the limited facts presented and is merely intended to assist you in determining if you should contact an attorney to provide you with legal advice.... Read Answer

No. Whoever's name is on the title owns the vehicles. You say that you have possession of a storage unit. I am unsure if you are asserting an interest in the items in the unit. If you sister is alive and competent, speak with her. If she is not, speak with legal counsel about how the assets may be transferred and to whom....... This information is only intended to give general information in response to an inquiry. It does not establish an attorney client relationship. This response is only based upon the limited facts presented and is merely intended to assist you in determining if you should contact an attorney to provide you with legal advice.... Read Answer

There is some missing information here. Did you and your husband purchase the house together after you were married or was the house husband's already at the time you got married? To protect you and avoid any issues, you and your husband need a Will or Trust that spells out where you want your estate (including the house) will go upon his passing.... Read Answer

Many more details are needed to effectively answer your question. Like do you know where the assets are located? Was there a probate? How were you made aware of this, etc. Try reposting your question with more details. This information is only intended to give general information in response to an inquiry. It does not establish an attorney client relationship. This response is only based upon the limited facts presented and is merely intended to assist you in determining if you should contact an attorney to provide you with legal advice.... Read Answer

If it is a Will land the maker is dead, it should be on file at the Courthouse where the Decedent resided at the time of death. This is probably the same court handling the probate. It sounds like the wife retained a right to change beneficiaries, as it was in the Trust or she was a joint tenant. So you may be out of luck. You need an attorney to review the Will and Trust to advise you.... Read Answer