Nevada has improved in the last several years.

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Apr 6, 2021
1:34:00pm

Sandstone Cougar Overall Decent Guy

Nevada has improved in the last several years.

100% of the estate used to go to Rob Graham. Sad, but true, true.

This message has been modified

Originally posted on Apr 6, 2021 at 1:34:00pm

Message modified by Sandstone Cougar on Apr 6, 2021 at 1:35:48pm

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Sandstone Cougar

Bio page: Sandstone Cougar
Joined: Jan 20, 2012
Last login: May 5, 2024
Total posts: 14,876 (153 FO)

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Messages

Author

Time

I have a friend whose dad passed away from Covid. Dad was pretty set up with his

pink22

4/6/21 1:25pm

I think you are only getting part of the story.

Baron

4/6/21 1:28pm

Is there something with widow rights in Nevada that supersedes a will or trust?

pink22

4/6/21 1:29pm

How long were they married?

Sandstone Cougar

4/6/21 1:30pm

I think like 15 years maybe. I don’t know

pink22

4/6/21 1:31pm

Pretty much every state has that. Called an elective share typically. You can't disinherit a spouse, absent a Prenup.

4/6/21 1:32pm

I told him I think his dad thought he had it all figured out but didn’t. He said

pink22

4/6/21 1:34pm

Yes, it is a community property state, which means the spouse has a right to 50%

4/6/21 1:35pm

Probably more to the story, but Nevada is a community property state.

Sandstone Cougar

4/6/21 1:29pm

Probably more to the story your friend doesn't understand. Pretty common for surviving spouse to get stuff.

4/6/21 1:30pm

I’m sure it’s something like that.

pink22

4/6/21 1:30pm

Nevada has improved in the last several years.

Sandstone Cougar

4/6/21 1:34pm

Whether you wanted it to go to RG or not, LOL.

cosmohio

4/6/21 1:52pm

It seems like it comes down to the amount that was earned during their marriage.

4/6/21 1:34pm

Most people are surprised to learn that joint ownership/beneficiary designations

4/6/21 1:52pm

Interesting. Is there any way to prevent this? What should kids/parent do if

valleus

4/6/21 2:02pm

Yes, the parent should name his/her kids as beneficiaries on accounts . . .

4/6/21 2:11pm

I'm not an attorney, but watching the contrast between one set of grandparents

Emmett Fitz-Hume

4/7/21 5:34am

Nevada is a community property state. One-half of the community property/assets belong to the surviving spouse. Combine

SierraCoug

4/6/21 2:02pm

If me or HCBW wife remarry after the other dies, a prenuptial is required.

4/6/21 2:11pm

Was the wife also on the trust? Trusts will often say that property transferred to the trust retains its character as

vegasnative

4/6/21 2:33pm

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