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Estate planning and wills
Asset protection planning
Probate Litigation
Business succession planning
1. Asset Protection and Distribution: Estate planning enables you to protect and distribute your assets according to your wishes, avoiding confusion or disputes.
2. Beneficiary Designation: Selecting beneficiaries ensures a clear inheritance plan, minimizing conflicts and legal challenges among heirs
3. Legal Compliance and Tax Efficiency: A well-crafted estate plan navigates legal complexities and minimizes tax liabilities, ensuring an efficient transfer of assets to chosen beneficiaries.
Our Henderson estate planning attorneys can help parties through the probate process when they are named executors or heirs in a will.
It is important that potential heirs are aware of their rights during probate. The existence of a will, for example, can disinherit a person who would otherwise receive property. The authenticity of a will may also be defended by those named in it to receive assets.
Furthermore, executors often require legal guidance since they have legal obligations such as paying off a decedent’s debts and dispersing property according to the will.
Creating a comprehensive estate plan requires sharing your financial situation with your lawyer. You should be prepared to grant access to:
To simplify the distribution of your assets, control of your legacy, and care of yourself and your family, your family and estate lawyer will go over each area so that they can understand how to proceed.
We celebrate our clients’ differences and create a plan that works for them.
Having an estate plan is a vital part of life for anyone with even modest assets. Even a rudimentary will can help heirs retain control over assets in the way that you wish. Furthermore, transferring property into a trust can reduce probate costs by saving thousands of dollars and preventing many complications that could arise during probate.
Our Henderson estate planning attorneys at Dempsey Roberts & Smith can assist you by identifying your needs, suggesting estate planning documentation, and taking the necessary steps to create these documents to be legally effective. To learn more about trust and estate options, contact our team at (702) 388-1216.