Nevada Probate Avoidance Strategies – Part 1 of a 5 Part Series – Make Gifts While You Are Alive
When you pass away your estate may be required to go through probate (with a will) or administration (without a will). These judicial processes are used to accomplish the legal transfer of your property to your beneficiaries and heirs. Many families position themselves to avoid the delay and expense of probate and administration. By far the most popular strategy used by estate planners to avoid probate involves the creation of a revocable living trust. There…