Summerlin and Henderson, NV Inheritance Planning Attorney
Using Available Estate Planning Tools to Reach Your Goals
From a simple will to complex trusts, there are many different estate planning tools available in Nevada that you can use to protect your assets and meet your inheritance planning needs. When you hire our law firm, you are receiving specialized service that will result in a personalized estate plan. We will listen closely to your story and your goals, then we will develop an estate plan using the best tools available.
To speak with our Las Vegas wills and trusts attorney, contact Escobar & Associates, Ltd., for your initial consultation.
Creating a Will to Express Your Wishes
Through a will, you can accomplish all of your estate planning goals and express all of your wishes regarding your assets upon your passing. A will can also be used to outline your guardian appointments should you pass before your children come of age. From listing specific gifts to creating trusts for your children, a will can address all aspects of your estate.
With a will, your estate will be required to go through probate if it is large enough. Probate is a legal process that occurs publicly. If you are looking for stealth or privacy, then it may be in your best interest to instead set up your asset transfers through a trust.
Using Trusts to Avoid Probate and a Public Accounting
In reality, a majority of people are better off obtaining a trust instead of will. With a trust, you can avoid most attorneys fees associated with probate, and avoid any public accounting. Trusts can also minimize estate taxes or tax liability under federal law.
There are a variety of trusts available. Lawyer Christy Brad Escobar will fully evaluate your situation and determine if any of the following trusts apply:
- AB trust
- Special needs trust
- Revocable trust
- Irrevocable trust
- Marital shelter trust
Basing Our Services Upon Your Specific Situation
Before you enter our office, we will have you fill out an estate planning guide that will assist us in discussing all aspects of your estate. In your initial consultation, we will give you options about what to do to accomplish your goals and make suggestions if necessary. We will consider all issues to make sure that we create an estate plan that accomplishes everything you want to do.
Contact our law firm online or call 888-339-6061 to learn more about our estate planning services.
