Estate Planning
Regardless of the size of your estate, you want to have total control over what happens to your estate when you die. Most people want their estate to go to people or organizations that they care about the most. The only way you can ensure that your wishes are fulfilled is to leave specific instructions that provide information on who gets what and when they will receive it. Also, you want to make sure that you can achieve your goals with the least amount of taxes, legal fees, and court costs.
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The Role of an Estate Planning Attorney
An estate planning lawyer offers much more than just technical expertise in drafting and filing complicated estate planning documents. They are responsible for making sure that your wishes are executed upon your death. Since the level of trust for such a role is huge, you need to make sure that you are picking the right lawyer who can carry out these responsibilities. When a person dies, there are many legal and bureaucratic hurdles that need to be jumped. The more assets you have, the more complicated the process will be. When you hire an estate planning lawyer, you reduce complications and pitfalls with diligent planning and ensure your wishes are made clear. They can also guide family members through the probate process to ensure your stated wishes are carried out.
There are numerous situations where an estate planning attorney can be useful to you. The most significant of them is they can help you prepare your living will and trust properly. It ensures that your family can enjoy and appreciate their time with the family member instead of just worrying about the potential legal issues that might arise and block the elderly from executing their wishes. Our team can create a ‘Living Trust’ that places the responsibility for the assets onto another party or the lawyer who can carry out the process seamlessly. They can also create a ‘health care proxy’ document for the family that gives the family the right to make health care decisions on behalf of the family member.
Benefits of Hiring an Experienced Estate Planning Lawyer
Having a qualified and experienced estate planning attorney can make the entire process easy for you. Here are the top benefits of hiring an experienced lawyer for estate planning:
- Every person has different needs, goals, dreams, hopes, and fears when it comes to estate planning. A lawyer can help create a customized plan that can help you get the best result possible.
- Most people think that creating a will is enough, but it is only a part of estate planning. There are many other things that you will need to take care of if you have significant assets.
- As you go through life, you will need to make certain changes to your estate planning documents. Your estate planning attorney will help you make those necessary updates.
- When you do your planning without an attorney, there are chances that you will make serious and costly errors. Hiring a qualified estate planning attorney will help you have a legal and error-free plan that will accomplish your desires.
Everyone Should Have an Estate Plan devised by an Experienced Lawyer
Estate planning is not just for the rich and famous or just for the elderly; it applies to almost everyone especially those who have a spouse, children, step-children, family owned business, real estate or any amount of assets. It is not possible for anyone to predict illnesses or accidents, as it can happen to people irrespective of his or her age. Thus, the sooner you start the process of asset protection, the better. Many people have the wrong idea that estate planning is just for the wealthy, but the truth is that estate planning is essential for people who have modest assets that they want to ensure their loved ones get without diminishing the value of those assets through the probate process. Planning ahead prevents those kinds of pitfalls.
All of Northern Nevada: Washoe County, Carson City, Story County, Lyon County, Douglas County, Churchill County, Mineral County, Nye County, Lander County, Pershing County, Humboldt County, Lander County, Eureka County, Elko County, White Pine County
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Over two decades of working in the Northern Nevada legal community has given us the chance to collectively be involved in thousands of cases. Our familiarity with courts, processes and opposing attorneys gives us the experience and insight to help you navigate your case.
