Will and trust attorney las vegas?

Serving Las Vegas %26 in Southern Nevada for 35 Years in Estate Planning, Probate, Trust Management and Asset Protection. Your last will and testament (also known simply as a testament) allow you to do several things. First, you can specify how you want your estate to be distributed at the time of your death. You can divide your wealth by a number of people equally, donate it all to one person or charity, or anything else you choose to do with your property.

Your will also designates someone as executor of your estate. This is the person who will be responsible for collecting all your assets and debts, notifying creditors of your death and distributing your assets according to your instructions in the will. People who die without a will are said to have died “intestate. This means that there is no valid will and that the estate is governed by Nevada state law relating to intestate succession.

This means that the state will determine who can act as executor of your estate and who will receive your property. If you do not have family members who are Nevada residents, the Clark County Public Administrator may be appointed to manage the estate instead of your family. You already know that a will allows you to name your executor and make distributions to your heirs. In addition, your will may indicate who you would appoint as your guardian if you become incapacitated.

For example, Alzheimer's disease can make you unable to take care of yourself and your financial affairs. By naming your preferred guardian in your will, you tell the court who you want to take care of you and your affairs if you can't do it yourself. In addition, if you have minor children, you can indicate in your will who you would prefer to be your guardian in the event of your death. Having a Will Is Better Than Having Nothing.

Not having even a simple will can result in massive confusion. Your heirs will have no direction and may be involved in arguments and disputes that can make difficult times even worse. By having a will, you provide your family and heirs with guidance regarding your wishes and how to proceed with resolving your issues. The disadvantage of having a will can only be seen by comparing a will to a living trust.

If you die without a living will or trust, your estate goes through the probate process before your heirs receive your estate. Having a Will Doesn't Prevent Your Estate from Going Through Probate. Establishing a living trust and transferring your assets to the trust during its lifetime will allow those assets to be transferred to your heirs without probate. At Cassady Law Offices, we include a general power of attorney for financial matters and a durable power of attorney for health care decisions along with your last will and will, at no additional charge.

For more information about our Las Vegas and Henderson estate planning services, contact the Law Offices of Cassady, P, C. Wealthy individuals and families continue to move millions (and even billions) of dollars to Nevada, one of the most tax-friendly states in the United States. At the forefront of this effort is McDonald Carano. We advise clients on all types of estate planning initiatives, from the simplest wills to the most complex of irrevocable trusts and probate and guardianship issues, as well as all types of income tax fiduciary matters.

Our experience includes uncontested and contested probate, guardianship and trust proceedings. Guymon for a diligent and experienced trust representation in the Las Vegas, NV area. There you will find the trust attorney's contact information, education, and biographical information to supplement your research. Trust lawyers can help you manage your assets by placing properties in trusts for purposes such as reducing estate taxes, avoiding probate and dictating how heirs obtain assets.

It is also vital to address the needs of durable power of attorney and health care power of attorney with any estate plan. No matter what challenges you face, and no matter what your goals are, rely on JEFFREY BURR for all your estate planning, trust management, probate and business planning needs. It's easy to browse the lists of trust lawyers in your immediate area, search for a specific person referred by a friend, or start narrowing your search by area of practice. A fiduciary lawyer can draft the documents and file them with the court so that their heirs can avoid a lengthy and potentially public probate process.

Also check out our FAQ pages on advanced estate planning options, including ILIT, FLIP, Qualified Personal Residency Trusts (QPRT), and Self-Liquidated Spending Savings Trusts (SSST). Connect with a Local Las Vegas, NV Attorney with Proven Experience Helping Clients with Nevada Trust Problems. Attorney profiles include biography, education and training, and recommendations from a lawyer's clients to help you decide who to hire. Trust Super Lawyers are recognized for their professional achievements and by their peers, lawyers who specialize in creating trusts and protecting their assets.

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Katherine Moretto
Katherine Moretto

Avid pop culture nerd. Infuriatingly humble web guru. Certified food maven. General coffee fan. Passionate zombie enthusiast. Amateur baconaholic.

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