Cassady Law Offices, P.C. - Las Vegas Estate Planning Attorney
Call for a free consultation
702-706-1083

Revisiting one's estate planning needs

Even with all the information available concerning the necessity of certain estate planning tools, there are still many Las Vegas residents that may die without having a valid will in place.  The problem with not having a will in place is that one's assets may then be distributed subject to laws rather than how one actually would like to see the distribution take place.

Periodically one may also wish to revisit the will.  For example, a will may have an executor in place that one no longer wants in the role.  There is also the possibility that one has had more children or grandchildren for whom one may wish to add special provisions.

Anyone drafting a last will and testament may also wish to speak to an experienced estate planning attorney concerning other needs as well.  For example, even after drafting a will we still will wish to make certain that beneficiary designations on retirement accounts and plans are correct.  Not having such a beneficiary named may ultimately complicate the entire process as the money from these accounts could end up being subject to probate and probate costs.

Estate planning is not a simple process in any case, and making certain that loved ones are properly taken care of in the event of an untimely death is far too important to leave up to chance.  We want to make certain that every asset that one owns is accounted for and distributed in the correct manner.  One may also wish to have special trusts set up so that the manner in which the assets are distributed can be performed in a specific manner.

Source: Times Dispatch, "Year-end planning tips," Michael Joyce, Dec. 16, 2013

No Comments

Leave a comment
Comment Information
Email Our Team

More Questions? We Have Answers.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Las Vegas Office
10799 West Twain Avenue
Las Vegas, NV 89135

Toll Free: 800-557-6423
Phone: 702-706-1083
Fax: 702-650-5561
Las Vegas Law Office Map

Henderson Office
2425 W. Horizon Ridge Pkwy.
Henderson, NV 89052

Toll Free: 800-557-6423
Phone: 702-706-1083
Map & Directions