Wednesday, August 20, 2014

Probate Estate Planning Attorneys

Refined & Experienced Summerlin Las Vegas Probate & Estate Planning Attorneys. Wills, Trusts, Trust Administration. Probate & Estate Attorney Las Vegas.



PROBATE LAW

What is Probate?

Probate is a procedure that is designed to Protect family members from Improper use of the estate of a deceased person, by insuring it is Properly distributed according to Law, or according to the Will of the recently deceased.

If a family member has recently died - CONTACT US TO HELP YOU!

Jacqueline Mary McQuigg & Associates offers Free Consultations to those who are going through these delicate and difficult situations. Contact Us as soon as you are able.



ESTATE PLANNING vs JUST HOPING FOR THE BEST

What is Estate Planning?

Estate Planning is a course of action aimed at ensuring that your wishes for your personal care and for your finances are followed in the event you are incapacitated or upon your death.


PLANNING FOR INCAPACITY:

If your physician determines that you are not able to manage your affairs, the District Court may appoint a "guardian." Though not attractive to any of us, such a development may be unavoidable. However, you can determine in advance who will serve as your court appointed guardian by nominating such person in advance. You can also minimize and even eliminiate the need for a court appointed guardian by executing certain documents:

General Power of Attorney

Health Care Power of Attorney

Living Trust


PLANNING FOR DEATH

Upon your death your property ("estate") may be distributed in a number of ways. Your jointly owned accounts and real property will go to the other persons who hold title with you. Your life insurance policies will go to the beneficiaries you have designated as will your retirement accounts. If there is no designated beneficiary and/or no joint owner of your property, your estate may become part of a probate proceeding and distributed by the District Court.

You can ensure that those people or organizations that are important to you will receive your assets in accordance with your wishes in a quick, private and cost-effective manner.

A Living Trust may be your best option but you may also elect to use a Will. The trust avoids probate while the will is "admitted to probate."

There is no set of instructions and forms that is appropriate for every person as every person's situation is unique to some degree. I invite you to schedule a consultation with me. I will ascertain your situation and advise you of your various options and the costs involved and you can determine which approach, if any, is best for you.



Probate & Estate Planning Attorney Las Vegas
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