Do you need help creating your estate plan in Henderson? This topic can be extremely sensitive, but having a proper estate plan is critical to ensuring that your wishes are carried out after your death. The team at Taylor & Leonard Law has extensive experience helping clients in Nevada through complex estate planning issues. Call us today at (702) 982-0880 to schedule a free consultation and let us put our experience to work for you and put a personalized estate plan in place that fits your specific situation.
Why Choose Us at Taylor & Leonard Trust and Estates?
The thought of creating an estate plan can be quite emotional for many people. We understand just how difficult it can be to think about our own mortality. However, we are also dedicated to making sure that no family has to go through this difficult and emotional journey alone. With proper planning, you are making the right choice to take care of your family in the future. Clients in Henderson know they can count on us to help them because:
- We have extensive knowledge and experience with Nevada estate law
- You get big firm experience with a small firm feel
- Your attorney is always accessible without going through layers of paralegals or assistants
Do not wait until it is too late to put an estate plan in place that provides for your family and protects your interests. Call Taylor & Leonard Law today to let us learn more about your needs.
Why You Should Use a Henderson Estate Planning Attorney
Estate planning is a complex legal process that requires a deep understanding of Nevada estate law. There are many aspects to consider as part of your planning, and there are multiple types of estate documents that may be needed in your situation. An estate planning attorney can:
- Review your financial and family situation to determine your best options
- Create all necessary estate documents
- Help you assess all your assets to ensure your plan is comprehensive
- Give you sound legal advice about the best strategy to accomplish your goals
Creating an estate plan without using an estate planning attorney could cause unintended disputes that lead to lengthy and costly estate litigation. Call Taylor & Leonard Law today to let us help.
The Basics of Nevada Estate Planning
Estate planning involves the comprehensive process of making decisions about the administration of your assets and finances both during and after your life. A comprehensive estate plan not only directs how your estate will be distributed, but it can also name guardians for minor children, minimize estate taxes, and allow you to make end-of-life medical care decisions ahead of time.
Which Estate Planning Documents Do I Need?
No two estate plans are exactly the same because your estate plan should be based on your specific and unique needs. The documents needed for another person’s situation might not be the same documents that you need. The best way to determine which documents will help you accomplish your goals is to seek help from an experienced lawyer. Some of the most common documents used in Nevada estate plans are:
- Last Will and Testament: A will is one of the most common estate planning documents, and it is used to specify how your assets will be distributed upon your death. You can also use a will to name guardians for minor children, and you should specify who will be responsible for administering your estate.
- Trusts: Trusts are powerful legal tools used to transfer property, money, and other assets to the next generation while minimizing your taxes. Even if you do not consider yourself wealthy, a trust could be appropriate for your situation.
- Durable Power of Attorney: If you become incapacitated, you need someone who can make financial and other decisions on your behalf. A durable power of attorney allows you to name someone to act for you in these situations.
- Advance Health Directive: End-of-life care often involves making some extremely difficult and emotional decisions. With an advance health directive, you can make these decisions on your own instead of putting your family in that difficult position.
- Beneficiary Designation: A beneficiary designation can be used to convey certain assets outside of the probate process, such as bank accounts, retirement accounts, and other types of financial accounts.
At Taylor & Leonard Law, we will perform a thorough review of your overall personal, family, and financial situation. This allows us to give you sound legal counsel about which documents would be appropriate for your situation. Call us today to schedule your free consultation and let us get started on your estate plan.
Why Do I Need an Estate Plan?
Do not fall for the false narrative that only rich or wealthy individuals need an estate plan. Almost everyone can benefit from having a thorough estate plan in place. There are many benefits that an estate plan can provide. First, an estate plan can help ensure that your finances and assets are distributed according to your wishes. This can help prevent emotional and costly disputes among your family.
Next, your estate plan can help minimize your estate taxes and get more money into the hands of your heirs. By utilizing the proper tools, you can take advantage of many legal ways to minimize the amount of tax that your estate has to pay. Additionally, having an estate plan in place can help take away some of the stress on your family by making things smoother and easier throughout the probate process.
Finally, an estate plan can allow you to make decisions about potential end-of-life care ahead of time. This lets you avoid putting your family into the difficult situation of making these tough, emotional decisions. Regardless of your financial or personal status, having a thorough estate plan in place that follows all the Nevada laws is critical.
Hire a Henderson Estate Planning Attorney Now
If you need help developing an estate plan in Henderson, call the experienced team at Taylor & Leonard Trust and Estates today. We are ready to use our extensive experience in Nevada estate law to help you create a thorough and personalized plan that fits your unique situation. Contact us today to schedule a free consultation with a Henderson estate planning attorney.