Las Vegas Estate Planning Lawyer Assisting With Preparing A Last Will & Testament

last willIt is hard to overstate the importance of having a last will and testament. Too often, people pass away without having prepared such a document. Whether one has passed suddenly, or the loss is expected, such a situation results in their assets being divided in a way that has been pre-determined by the state of Nevada. Furthermore, not having a will can often lead to infighting and even litigation between the surviving relatives. This is obviously not what someone wants for their heirs following a loss. Retaining an experienced attorney is the best way to make sure that your affairs are in order. Our Las Vegas estate planning lawyer assists with preparing and maintaining a last will and testament. Contact us today if you are in need of assistance.

Las Vegas attorney helping residents to plan their affairs by drafting a will

A will is a formal document which states how one’s assets are to be divided and how their debts are to be settled upon their death. A will can also dictate how one’s minor children and pets are to be cared for after they pass. If an individual passes away without a will in place then they are considered to have died “intestate.” Under this scenario, all of the individual’s assets will be divided in a way that is pre-determined by Nevada law. This can result in assets being given to one whom the deceased did not wish to receive them. It can also result in an heir receiving less than the deceased wanted. Furthermore, if the individual had minor children then there may be a custody battle between family members as to who will care for them. Having a proper will in place helps to protect against such issues.

For a will to be valid in our state it must generally be in writing, with some exceptions. It must also be signed by the person making the will, who is known as the “testator.” It must also be signed by two witnesses in the presence of the testator. While exceptions exist for these requirements, a will can be ruled invalid if it does not follow proper form. If the document is found invalid, then it will be as if the deceased died with no will at all. Moreover, the document must be regularly updated as the testator’s circumstances change. Failing to list newly acquired property or additions to the family will result in those items or family members not being part of the will. This can lead to extensive litigation of the handling of such issues.

The first step in preparing a proper will is to identify the goals you have for your assets as well as your loved ones. This is followed by developing a complete accounting of your assets, debts, and with making a list of those whom you are charged with caring for (such as minor children). Your will can then be drafted in a way that makes clear what your wishes are and which provides instruction for how those wishes are carried out. This will help to eliminate disputes when it comes time to submit your will to probate. Once your will has been drafted, it is best to audit it at regular intervals in order to ensure that it does not require amendment.

Nikki Dupree-O’Brien is a Las Vegas estate planning lawyer who will draft a last will and testament as part of your overall strategy. Nikki will take the time needed to gain a full understanding of your overall situation. She will suggest options for the handling of your affairs which you may not otherwise have considered and your documents will be drafted with the utmost care. Our firm will stay in regular contact with you as time goes on and will suggest updates to your will as needed. Our attorney handles all matters in the office personally. This means that when you retain our firm you will be dealing with Nikki and not an associate. We pride ourselves on offering quality representation and we look forward to speaking with you. Contact us today.

Lawyer helping Las Vegas residents make their will part of a broader estate plan

A last will and testament is a valuable estate planning tool. An individual can have even more control over their future, and greater flexibility in how they handle their affairs, by pairing a will with other instruments. These include a living trust, which helps one’s heirs to avoid the probate process. An additional tool is a power of attorney, which can be used to provide others with authority over medical decisions and financial issues. How to best structure your affairs will depend on the specifics of your situation. Nikki’s experience can assist you with making sure your goals are met.