Unless the will or trust specifically states that a gift made by the deceased during his or her life will be subtracted from an heir’s share of the estate later, gifts during life do not count against the inheritance.

If the deceased was a resident of Nevada, all of his personal property (including bank accounts) can be handled through a Nevada probate.

Nevada requires that documents from a probate case be mailed to certain family members, people named in a will or trust, certain creditors, and Nevada Medicaid.

With some exceptions, most vehicles lose value quickly. Therefore, the Clark County probate court does not require permission in advance to sell a vehicle.

Estate taxes only apply to estates over a certain value. There are estate taxes imposed by the Internal Revenue Services at the federal level, and in some states, by a state department of taxation.

Personal property, like jewelry, clothing, furniture, vehicles, and collections, belong to the estate of the deceased person.

It is very common that a family member or friend is living in the deceased’s house for a period of time after the deceased passed away.

The probate case does not stop a foreclosure from going forward.

If a home in a probate case has a mortgage, the payments must still be made, taxes and insurance paid, and other utilities kept current.

You may set aside an estate without administration if the assets total less than $100,000. If the estate includes real estate, the mortgage debt can be subtracted from the value of the estate to calculate the estate value.

Nevada has four types of probate. For estates under $25,000 and that do not include real estate, an Affidavit of Entitlement can be used to transfer estate assets.

In most probate cases, inheritances are not distributed until the end of the case and with court approval.

When a person dies with debt, the debt is limited to the assets in the estate. In other words, the executor and the family do not become responsible for the decedent’s debts.

Medicaid is known as a program for medically needy people who are impoverished. Nevada’s Medical Assistance to the Aged, Blind, and Disabled is no exception- but it is important to understand what Medicaid considers “impoverished.”

Nevada Medicaid pays for long term care costs in nursing homes, some assisted living facilities, and memory care centers.

A Power of Attorney, sometimes called a durable power of attorney, is a legal document that gives someone of your choice the power to act on your behalf when you may not be able to, either temporarily or permanently.

An adult guardian is a person who is court appointed to be legally responsible for another person, called the Protected Person.