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

Why estate planning matters

Despite the importance of creating an estate plan, it is something that many people in Nevada and elsewhere put off for as long as possible. An estate plan can provide instructions for how a person's assets should be distributed after he or she passes. It can also provide instructions related to the management of a person's finances or medical care. A comprehensive plan may allow surviving family members to avoid going through the probate process or paying a large estate tax bill.

At a minimum, a person should have a will. This document appoints an individual to represent the estate after he or she passes, and it can also name a guardian for a minor child. It may be worthwhile to add a personal property memorandum to cover any property that isn't expressly listed in the will itself.

A living will can include instructions about how individuals want to be treated as they die. For instance, it may be possible to refuse to be put on a ventilator or to be fed through a tube. Trusts can be used to avoid probate and otherwise make the transfer of assets easier. A durable power of attorney allows a designated agent to make decisions on an incapacitated person's behalf. The power of attorney may also receive access to a person's medical records and other important information.

While a will may be enough to meet a person's estate planning needs, more can be done to ensure that a person's legacy is intact after passing on. An attorney may explain the potential benefits of a will, trust or power of attorney document. He or she may also help a person create an estate plan document or review those that are in place. Estate plan reviews will ideally take place on an annual basis.

No Comments

Leave a comment
Comment Information
Email Our Team

More Questions? We Have Answers.

Bold labels are required.

Contact Information

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.


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