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You May Be Able To Avoid Probate
A living trust is one way someone may be able to eliminate the need for probate. This trust holds legal title to your property after your death and will survive you after your death. Always consult a probate lawyer first.
When you spend your life thinking about work, or your children and family, it can be tough to properly plan for your wishes after death. And if you don't make the time to write a will, your family will be forced to deal with a messy and lengthier probate process.With the help of a probate attorney from Nevada, you can write and file a will that clearly defines your wishes.
Not having a will can be dangerous in <state> that's because Nevada laws will be used to determine who gets your property by default. Usually, your property will be distributed based on how the state thinks most people will want it done. That means property usually goes to your spouse or children and then to other family members.
That can be a hassle if you have other plans in mind. Nevada probate lawyers can help you transfer your wishes onto a will that clearly spells out your wishes to your executor. An executor is a person who is responsible for proving the will is valid, finding the dead person’s property, appraising the property, paying debts and taxes, and distributing left over property according to the person’s probate will.
Setting up a living trust may be one way to avoid the probate process. But it must still follow certain Nevada laws. Be sure to contact a probate lawyer in Nevada who can inform you of your rights.
Real Estate Probate
AUDIO, RM, 44Kbps, 4:02, 7/31/2002
With the stock market still on shaky ground, Americans looking to make good investments are turning to real estate. Although experts say the current house-buying boom probably won't last long, NPR's Madeleine Brand reports that the job market and low interest rates will keep drawing people to invest in homes for now Source: NPR
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Definition:
All of the property owned by a person, including real estate and personal property.
Joint tenancy
Definition:
A property held in joint tenancy is owned by two or more people who have an undivided interest in the property, and the interest continues even after the other owners die.
Power of attorney
Definition:
A legal agreement that authorizes someone to handle or share in handling the financial matters of another person. A "durable" power of attorney can continue to give power to another in handling financial matters after incapacitation has occurred.
If you live in the following cities and need an probate attorney you should contact
our Probate Attorney as soon as possible:
Boulder City
Carson City
Elko
Fallon
Gardnerville
Henderson
Las Vegas
North Las Vegas
Pahrump
Reno
Sparks
Sun Valley
Winnemucca
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Did You Know?
Visit some of Nevada's Historic buildings