Las Vegas Probate Attorney
What is probate?
Probate is the legal process occurs after a person passes away. It includes
validating the decedent's will, identifying and inventorying the decedent's
estate, paying debts and taxes, and distributing the remaining property
to the correct beneficiaries. If a person died without a will, the person
is referred to as dying intestate and the person's property will be
divided and distributed according to state law. At Roland Law Firm, we
have more than 30 years of combined experience, and have helped clients
with various probate law issues and concerns. We not only have the ability
to help a personal representative administer a lost loved one's estate,
we also assist clients prepare for avoid the probate of their estates
prior to their passing.
Please read the following areas of practice in which our Las Vegas probate
attorney can help with:
There are various ways to
avoid probate of your estate. Certain assets, such as life insurance proceeds and tax-deferred
retirement plans do not go through probate, but probate items, such as
property and other assets, may avoid probate if a person creates certain
types of trusts, accounts, securities, and/or ownerships.
Estate tax does not exist in the State of Nevada. For state law purposes, the estate
does not pay a tax after a person passes away, nor do beneficiaries have
to pay an inheritance tax upon receiving parts of an estate. However,
an estate may still have to pay a federal estate tax if the assets are
over $5 million. Creating an estate tax plan allows individuals and their
families to safeguard their assets and protection for their loved ones.
Probate Law FAQ
Probate is a complicated court-supervised process that involves validating
a will, appointing an executor or personal representative and administering
an estate. To learn more about the probate process in Nevada, read our
probate law FAQ page!
Depending on the decedent's estate, the
probate process may be a simple or complex process. It involves the personal representative
collecting a loved one's assets and property, inventorying said items,
paying necessary taxes and debts, and distributing the remaining assets
to the rightful beneficiaries. Beneficiaries are determined by what a
will states, or if a will does not exist, by Nevada State law.
Wills & Trusts
Wills and trusts are essential estate planning documents. Wills allow
the creator to name a beneficiary for their minor children, elect an executor
for their estate, and determine which of their assets and property will
go to certain people after the creator passes away. Depending on the type
of trust, a trust may safeguard a person's assets while he or she
is alive, as well as after he or she passes away, and may help avoid the
An individual who is serving as a successor trustee has many responsibilities
to uphold, and if he or she is found in contempt of abusing his or her
fiduciary duty, he or she may face legal penalties. A successor trustee
must administer the trust as the grantor stated in the trust's original
documents, must follow the state's trust law, and must act fairly
with all beneficiaries involved.
Contact Roland Law Firm for Your Probate Needs
Probate law is an extensive area of law, but our attorneys at Roland Law
Firm have over three decades of probate experience. We have the ability
to assist clients and their families throughout a lost loved one's
probate process, as well as help clients avoid their own estate's
probate. Please contact our firm to schedule a
case evaluation with one of our Las Vegas or Henderson probate lawyers.