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Estate Planning

Estate Planning Attorney in Las Vegas

We Can Help You Plan For The Future: (702) 703-6998

Estate planning is a very important legal process. If you want to do things right the first time, we suggest that you hire an accomplished estate planning attorney from our firm. Our team of Las Vegas estate planning lawyers can help you draft a sound estate plan with all of the provisions that you desire. With decades of experience, you can be confident that we are the right choice for your legal needs.

What Sets Our Estate Planning Firm Apart?

  • 50+ Years' Collective Experience
  • Selected For Super Lawyers®
  • A+ BBB Rating
  • Top Avvo Rating of Superb
  • Reputable & Ethical Law Firm
  • Se Habla Español

We can help you arrange trusts, powers of attorney, wills, guardianships, and more. We can also guide you through the probate process if you are an heir who is currently facing this legal procedure. Do not hesitate to retain the representation of Bowler & Twitchell LLP. We provide personalized legal solutions and the supportive assistance you deserve.

Ready to discuss your estate planning options? Call (702) 703-6998 to schedule an appointment with an estate planning attorney in Las Vegas. We serve Henderson and Spring Valley as well. Se habla Español.

Estate Planning Attorneys Safeguarding The Future Of Your Loved Ones

If you need legal help with an estate planning or probate issue, we are here to assist. We have an extensive background in probate and estate planning and also have experience in real estate. This background makes us a skilled team of Las Vegas estate planning attorneys. We have been included in the list of Super Lawyers® and maintain a commitment to excellence. Allow our team to assist you next.

Our estate planning process considers every aspect of your finances, family dynamics, and personal wishes. We understand the importance of a customized estate plan reflecting your unique situation and priorities. Whether establishing a trust or designating powers of attorney, our goal is to ensure that your plan provides both protection and peace of mind for you and your loved ones.

We handle cases that include and aren't limited to:

Comprehensive Estate Planning Services in Las Vegas & Henderson

Living in the vibrant communities of Las Vegas, you understand the unique challenges and opportunities that come with estate planning in our area. At Bowler & Twitchell LLP, we are deeply familiar with the local landscape and the specific needs of our clients. If you're navigating the bustling streets of Las Vegas, our team is here to provide tailored estate planning solutions that reflect your personal and financial goals.

Estate planning isn't just about drafting documents; it's about creating a lasting legacy for you and your loved ones. In a region known for its dynamic growth and diversity, having a plan in place that adapts to changes in the market, law, and personal circumstances is crucial. Our consultation process involves understanding your life goals, assets, and potential future scenarios to produce a comprehensive plan that serves your long-term interests.

We recognize that estate planning can be a complex and emotional process, especially when considering the future of your loved ones. In Clark County, the local government offers various resources to assist residents with estate planning and probate matters. We stay informed about these services to guide our clients through the legal landscape better.

One common concern among our clients is the potential for lengthy and costly probate proceedings. A solid estate plan is crucial in a dynamic city like Las Vegas, where property values fluctuate, and family dynamics can be intricate. Our team can help you establish trusts, draft wills, and set up powers of attorney to ensure your assets are managed according to your wishes, minimizing the burden on your heirs.

At Bowler & Twitchell LLP, we pride ourselves on our deep connection to Las Vegas. Our commitment to ethical practices and personalized legal solutions has earned us a reputation as a trusted law firm. Let us help you navigate the complexities of estate planning with confidence and peace of mind.

Our firm also keeps abreast of legislative changes that might impact estate planning, ensuring that your plans remain effective and in compliance with the latest laws. We provide ongoing updates and reviews of your estate plan to ensure it continues to meet your needs as your life circumstances evolve.

Contact a qualified estate planning attorney at (702) 703-6998 to schedule your consultation and secure your family's future with our comprehensive estate planning services.

For trusted legal guidance, reach out to a knowledgeable estate planning attorney in Las Vegas at Bowler Twitchell LLP. Call (702) 703-6998 or contact us immediately to schedule your consultation.

Why Estate Planning Is Important

Protecting your loved ones with an estate plan is a great way to decide who will inherit certain assets once you pass. It might not be the most uplifting process, but without a plan in place, you will not be able to choose who will be the beneficiary of the assets you’ve worked so hard to achieve.

Estate planning is about taking control. Without a valid plan, state laws will dictate how your estate is distributed, which might not align with your wishes. A comprehensive estate plan goes beyond financial distribution. It encompasses healthcare directives, digital asset management, and business succession if applicable. This holistic approach ensures that even the less considered aspects of one’s life are addressed, reducing stress for your family during critical times.

It is a common misconception that estate planning is only for the wealthy, but even if you might not have a pricey home, valuable art, or a large IRA to pass on, without a plan in place, settling your affairs after you pass could be a long and costly process for your loved ones. Consider these reasons why you should create an estate plan for yourself, to avoid potentially devastating consequences for your heirs.

New Trends in Estate Planning in Las Vegas

As the city of Las Vegas continues to grow, estate planning trends have also evolved to meet the needs of its diverse population. One significant trend is the consideration of digital assets in estate plans. As more individuals hold cryptocurrency, NFTs, and other digital assets, it's important to include these in your estate plans. Failing to do so could leave a substantial portion of your assets locked and inaccessible to your heirs. Our team can guide you on how to manage these digital entities effectively within your estate plan.

Another emerging trend is the integration of living trusts as a tool to avoid probate. Las Vegas residents are increasingly opting for living trusts due to their flexibility and ability to preserve privacy. Living trusts can help avoid the time and expense of probate, allowing for a smoother transition of assets. Additionally, as the local housing market fluctuates, estate plans that account for real estate valuations and include options to leverage home equity can offer financial benefits to beneficiaries.

Understanding Nevada's Estate Tax Laws

Nevada does not impose a state estate tax on its residents, making it an attractive place for those looking to maximize the inheritance they leave for their beneficiaries. However, depending on your estate's size, federal estate taxes might still apply. It's essential to understand the distinctions and potential implications for your estate plan. By working with an experienced estate planning lawyer, you can craft a strategy that minimizes tax liability and optimizes the distribution of your assets.

Moreover, while state estate taxes are absent, Nevada implements its laws on property rights and domestic partnerships that can affect estate planning. Community property laws, in particular, dictate that most property acquired during a marriage is owned jointly by both parties. If you're part of a domestic partnership or have unique family arrangements, it's important to recognize how these local laws intersect with your estate planning objectives. Our lawyers will provide you with the detailed guidance needed to navigate these complex issues and ensure your estate plan reflects your specific circumstances and goals.

Our qualified estate planning attorney in Las Vegas is here to assist you. Call (702) 703-6998 or use our online form to schedule your free consultation.

Frequently Asked Questions About Estate Planning

Can estate planning help me avoid probate in Nevada?

Yes, strategic estate planning can help avoid the probate process, which can be lengthy and costly. Tools like living trusts can be used to bypass probate, ensuring your assets directly transfer to your heirs. In Nevada, the probate court supervises the distribution of assets if there is no living trust or if assets are left without specific directives. By establishing a comprehensive estate plan that includes living trusts, you can maintain control over your estate and ensure that your wishes are respected without the potential public exposure and delays associated with probate.

How often should I update my estate plan?

Regular updates to your estate plan are crucial to ensure it continues to meet your objectives. Major life events such as marriage, divorce, the birth of a child, or substantial changes in the law necessitate a review and potential modification of your plan. It is advisable to review your estate plan every 3 to 5 years, even in the absence of significant changes, to keep it current with your intentions. This ensures that your estate plan evolves with your life circumstances and remains an effective tool in achieving your estate planning goals.

What is the role of a power of attorney in estate planning?

A power of attorney is a crucial component of estate planning. It authorizes a trusted individual to make decisions on your behalf should you become incapacitated. This can include managing financial affairs, making healthcare decisions, and handling legal matters. Without a designated power of attorney, family members may have to seek court intervention to gain authority, complicating matters during an already stressful time. It's essential to appoint someone who understands your values and can effectively act in your best interest, ensuring your affairs are handled as you would wish.

Are digital assets included in estate planning?

Yes, digital assets such as cryptocurrencies, social media accounts, online banking, and other digital items should be included in your estate plan to ensure they are properly managed and transferred according to your wishes. Without clear instructions, your heirs may face challenges accessing these assets, potentially resulting in loss. An estate plan addressing digital assets typically involves creating an inventory of digital holdings, identifying access rights, and specifying how these should be handled. Including digital assets in your estate plan helps preserve the full scope of your estate’s value.

How does Nevada's community property law affect estate planning?

Nevada's community property law dictates that most property acquired during a marriage is owned jointly by both partners, which can significantly impact estate planning. This means upon the death of one spouse, the surviving spouse automatically owns half of the community property, and the other half is subject to distribution as outlined in the estate plan. It’s essential to consider community property laws when planning your estate to ensure the distribution of assets aligns with your wishes and complies with state law. Consulting with a knowledgeable estate planning attorney can provide clarity on how these laws apply to your specific situation, allowing for comprehensive estate planning that acknowledges all aspects of your marital property.

Secure legal assistance quickly by connecting with an estate planning attorney. Call (702) 703-6998 or fill out our online form to move forward. Hablamos Español.

Why Choose Us?
  • A+ Rating from the Better Business Bureau
  • Selected for Inclusion in the list of Super Lawyers®
  • Reputable & Law-Abiding Law Firm
  • We provide insight and guidance regarding every aspect of estate planning.
  • We will always give you the personalized attention you deserve.
  • We will make your case our top priority.
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