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Successor trustees assume the role of trust administrator when a trustee dies, becomes incapacitated, or can no longer fulfill trustee duties. The successor trustee will carry out fiduciary and administrative responsibilities in accordance with the guidelines in a trust’s documentation. Choosing to appoint or become a successor trustee in Nevada requires specific action under the law. …

Pour over wills are used to transfer assets from a living will to a trust after an individual’s death. This simplified process works to preserve the assets outside of the trust so heirs and beneficiaries can still benefit from them. Interested parties are entitled to petition the court to have these assets transferred without…