Will & Trust Attorneys in Las Vegas
Give Your Family Comfort & Peace
At Hurtik Law & Associates, we are proud to provide affordable estate planning services in Las Vegas. With over 50 years of combined experience, our will and trust lawyers have the knowledge and resources to help you protect your assets and provide financial security to your loved ones after your passing.
What Is a Will?
A will is a legal document that sets forth your instructions for how your estate should be handled after your death. Preparing a will ensures that the decisions about your estate are according to your wishes and not left in the hands of the court.
Wills address the majority of a person’s assets, including:
- Real property
- Bank accounts
- Prized possessions
- Business assets
- Valuable objects
By including specific property in your will, you can ensure that your assets are distributed to whom you want when you want. This can go a long way in preventing disagreements arising between your loved ones regarding who should get what.
Disadvantages of a Will
Wills ensure fair distribution of your assets, however, it may be an expensive, frustrating experience. After you pass away, the will must be filed with probate court and it is subject to the probate process in order for your wishes to be carried out. This can cost your estate a significant amount of money as well as your family's time (in some cases, several years). Although you may name an Executor or Personal Representative in your will, it is your estate's probate lawyers who will control the distribution of property. Finally, a will does not address any matters that may come up during your lifetime such as planning for what happens if you become incapacitated. Instead, you may consider having more than just a will when it comes to planning your estate.
The Advantages of Trusts
Another document to consider in your estate planning is a trust. This legal mechanism involves a written agreement that details how your property should be managed during your lifetime and distributed after your death. The arrangement allows a third party, or trustee, to hold assets on behalf of you and your beneficiaries.
The primary benefits of a trust include:
- Estate taxes are minimized
- Your family can avoid probate
- Your beneficiaries have faster access to your assets
A trust can provide you with ultimate control of your wealth and maximum protection of your legacy and your family’s future. For more information about how trusts work, contact our skilled estate planning lawyers.
Get Started on Your Will & Trust Today
If you are interested in preparing a will or trust, Hurtik Law & Associates is here to guide you through the process. Our Las Vegas will and trust attorneys provide personalized legal counsel tailored to the needs of each client.