Estate planning is not something reserved for only the rich or wealthy. The truth is that a proper estate plan can be a useful and valuable tool for almost anyone. If you need help creating an estate plan in North Las Vegas, you don’t need just any lawyer. You need a caring and compassionate lawyer who will take the time to understand your personal situation and your unique needs.
Proper estate planning requires a thorough review of your financial and family situation, and the team at Taylor & Leonard Law has both the knowledge and experience to help you through this seemingly overwhelming process. Call us today at (702) 982-0880 to schedule a free consultation with a North Las Vegas estate planning attorney and let us put our experience to work for you.
Why Should I Choose Taylor & Leonard Law?
The decisions that need to be made during the estate planning process can be tough, and this process forces you to face the difficult fact of your own mortality. We understand just how sensitive and emotional this process can be, and we strive to make things as simple and easy for our clients as possible. We will guide you through every step of the process with sound legal advice and help ensure that your plan is a perfect fit for your needs.
Clients in North Las Vegas turn to us for assistance with their estate plan because:
- We give every client the personal attention they need throughout this sensitive situation
- We have a deep understanding of Nevada estate law
- Being a small firm allows us to maintain affordable pricing, even though we have big firm experience
When the time comes for you to make decisions that affect your family’s future, turn to a lawyer you can trust to offer solid legal advice and help you with every detail of your plan. Contact Taylor & Leonard Law today to let us put our experience to work for you.
The Basics of Nevada Estate Planning
Estate planning describes the comprehensive overall process for dictating how your assets, finances, and health care will be managed both during and after your life. Not only does an estate plan direct how your assets will be distributed after your death, but it can also be used to plan ahead for medical care decisions so that you can avoid putting that heavy burden on your loved ones. No two estate plans are the same, as each plan must be created based on your unique circumstances. Even the specific documents required in your situation depend on your personal needs and wishes.
Determining the Right Estate Planning Documents for Your Situation
The process of estate planning often includes much more than just creating a will. A comprehensive and complete estate plan often includes numerous documents that each serve a separate and distinct purpose. By using a combination of these documents, you can remain within the limits of Nevada law while accomplishing nearly any goal you may have for your estate. Some of the most common documents used in Nevada estate planning include:
- Last will and testament
- Trust documents
- Advance health care directive
- Durable power of attorney
- Beneficiary designation
To determine which documents are right for you, the best approach is to seek help from an experienced estate planning attorney. The documents you need will depend on your specific circumstances, such as your financial position, your family makeup, and how you decide to handle end-of-life medical treatment options.
Why You Need an Estate Plan
Some individuals mistakenly believe that estate planning is a tool only meant for the wealthy. However, that could not be further from the truth. The truth is that almost every individual over age 18 can benefit from a proper estate plan. An estate plan can help you and your family in many ways. One of those ways is by directing how your estate will be administered after your death.
By specifying how your assets should be distributed, you can avoid family disputes and even costly litigation. Additionally, your estate plan can make the legal process of probate after your death much smoother and easier for your family. This is a great way to help remove some of the stress of an already difficult and emotional time.
With the right tools in an estate plan, you can also help minimize the amount of estate tax that must be paid. In some cases, you may be able to avoid estate tax altogether. This could result in some significant savings and get more inheritance into the hands of your loved ones.
Finally, estate plans can be used to make medical decisions ahead of time should you become incapacitated. This can help you avoid putting this significant emotional burden on your family.
How a North Las Vegas Estate Planning Attorney Can Help You
The estate planning process is rarely straightforward. The specific details that need to be included in your plan are unique to you and your personal situation. Using a one-size-fits-all approach to your estate plan could lead to disputes and costly litigation. The best approach is to use an experienced attorney who can put together a personalized plan that meets your specific needs. An estate planning attorney can:
- Assess your overall personal and financial situation to learn more about your needs
- Answer all your questions and advise you of your legal options
- Draft all estate planning documents, such as a will, trust, or health care directive
- Help you plan for unexpected scenarios or disputes
When you are ready to put together an estate plan to help protect your family and assets, call the team at Taylor & Leonard Law for help.
Reach Out to a North Las Vegas Estate Planning Attorney Now
It is never too early to begin thinking about the estate planning process. Call Taylor & Leonard Law today to speak to a compassionate North Las Vegas estate planning attorney who can guide you through every detail. Schedule your free consultation now and let us get started.