Under Nevada law, a transfer of property under a Will, or any such transfer, that is the product of undue influence will be deemed void. In voiding such transfers, Nevada desires to protect alleged donors who lack the “mental vigor” to protect themselves from imposition or exploitation. Undue influence can occur at many different levels and […]
In this day and age, most individuals establish a revocable trust. The revocable trust is the key document that controls the disposition of the assets that are transferred to the trust as opposed to the Last Will and Testament being the controlling instrument. The individual’s Last Will and Testament is a “pourover” Will that “pours […]
Appointing a personal representative in a probate proceeding usually takes from 3 weeks to several months. In cases where litigation between parties occurs, it can take even longer. The delay in appointing a personal representative can be a major problem as assets need to be collected and preserved and other estate business needs to be completed. The appointment […]