Southern Nevada's housing market has surged, with median home prices around $450,000, but many homeowners lack wills or trusts to protect their equity. Population growth, limited housing supply, and land restrictions drive prices up. Without estate planning, families face probate delays, creditor claims, and tax risks. Homeowners should assess equity, create living trusts, record transfer-on-death deeds, update beneficiaries, and consider asset-protection trusts to safeguard their assets.
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