A revocable trust can be a powerful estate planning tool that can enable you to pass assets to your beneficiaries outside of probate while still maintaining some control over them during your lifetime. Trusts, including revocable trusts, can be very complex legal instruments, so putting a trust in place typically requires the help of an experienced attorney who is well-versed in Nevada trust law. The Las Vegas estate planning lawyers at Taylor & Leonard Law have an in-depth understanding of the legal complexities surrounding trusts, and we can offer you sound legal advice about using a trust for your personal situation. Call us today at (702) 982-0880 to schedule a free consultation with a Las Vegas revocable trust attorney.
Why Choose Us at Taylor & Leonard Law?
Setting up a trust requires following all the proper legal steps, including executing the trust documents and funding the trust. Making a trust most effective requires a thorough understanding of your current personal situation, along with your needs and goals. The team at Taylor & Leonard Law will take the time to understand your specific needs and craft a personalized trust plan that fits with your wishes. Clients choose to work with us because:
- We will give you the personal attention you deserve during this sensitive time
- Our attorneys have extensive experience in Nevada trust law
- We bring big firm experience to your representation while maintaining affordable pricing
If you believe a trust may be appropriate in your situation, contact Taylor & Leonard Law today to let us help.
The Basics of Revocable Trusts in Nevada
As the name implies, a revocable trust is a trust that may be amended or even revoked during your lifetime. On the other hand, irrevocable trusts are more permanent and may not be revoked after funding. Revocable trusts offer many benefits, including allowing you to pass assets to your heirs outside of probate while still maintaining flexibility and control.
A trust can also help you maintain privacy and confidentiality. A will becomes public record once it is admitted to probate, but a trust may remain totally confidential since it does not have to go through the probate process. A revocable trust can be a crucial part of your overall estate plan that helps you maintain your wealth and pass your assets to your heirs.
Why You Need a Las Vegas Revocable Trust Attorney
Attempting to set up a revocable trust on your own can be difficult. There are certain legal requirements that must be met, and failure to meet all the requirements could mean that you do not get the benefits you expect from your trust. An experienced attorney can:
- Offer you sound legal guidance on the best approach to your trust
- Create all trust documents and advise you on the proper way to execute them
- Ensure that your trust is funded
- Represent you in court should any trust disputes arise
Call a Las Vegas Revocable Trust Attorney Today
If you need help setting up a revocable trust in Las Vegas, call Taylor & Leonard Law today. Let us answer all your questions and offer you sound legal advice about whether a trust is the right tool for your needs. Reach out now to schedule a free consultation with a Las Vegas revocable trust attorney and get the help you need with this complex legal process.