Do you really need an estate attorney?

| Apr 13, 2021 | Wills & Trusts

When Nevada residents are putting together an estate plan, they want to make sure that they’re doing everything that they can to protect their beneficiaries. An estate plan helps ensure that when you are no longer here, your beneficiaries will be able to inherit your assets exactly as you’ve planned. What many people don’t realize is that there are so many issues regarding estate plans. There are many different setups, and each one has different benefits for different people.

This can make the whole estate planning process quite confusing, especially if it involves complex legal situations.

What are the benefits of working with an estate planning attorney?

The decision to hire or not hire an estate planning attorney is a personal one, but there may be benefits to having one help you with your specific estate planning situation.

  • Small business owners who need help carrying out issues of succession after they’re gone may benefit by working with estate planning lawyers who have this type of business-related experience.
  • People who have out-of-state property or assets are facing tax issues and legal issues that cross jurisdictions. This situation is even more complex when dealing with global assets. An estate planning attorney may be able to help you organize all of this so that your wishes are met.
  • People who have blended families may wish to include stepchildren, stepparents, or any other members of these blended families. Without specific instructions, these beneficiaries could face obstacles when trying to claim their share of an inheritance.
  • People who have family members who need special care or require a guardian may benefit by working with an attorney who knows how to set up guardianship that protects their vulnerable loved ones.

Where can people go for information about estate planning?

Estate planning is tricky, and there are so many variables and situations that can make for an uncomfortable situation once you pass away. By working with attorneys who have experience with estate planning, you may be able to get assistance that provides exactly what you need to provide for your loved ones.