Question

How to leave assets to a minor in Nevada?

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Brandi K. Cassady - Estate Planning & Probate - Super Lawyers

Answered by: Brandi K. Cassady

Located in Las Vegas, NVCassady Law Offices, P.C.

Phone: 702-650-4480
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Answer

A revocable living trust is the best way to leave assets to a minor in Nevada.  It allows you to name a custodian for the asset (the Trustee), but also gives the Trustee discretion to take care of the minor with the assets.  You can also establish a minors account at most banks in Nevada, but the account is essentially frozen until the minor reaches age 18 and no party can gain access to take care of the minor until they reach full age.

Disclaimer: The answer is intended to be for informational purposes only. It should not be relied on as legal advice, nor construed as a form of attorney-client relationship.

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