The Nevada Probate Process
There are different levels of probate in the State of Nevada. If an estate
is valued at $20,000 or less, and does not include interest in real property,
assets can be claimed via an affidavit, and probate court proceedings
are not required. When an estate is valued at $100,000 or less, assets
can be set aside without administration by court order. Liens and encumbrances
are not included in the estate's value, so an estate valued at $180,000
with a $90,000 mortgage, for example, would qualify for assets to be set aside.
Certain properties valued at $200,000 or less may qualify for a summary
administration, which means notice of hearing does not need to be published
with the initial probate petition, and creditors have 60 days to file
a claim, instead of the regular 90 days. A majority of estates over $200,000
will have a regular probate administration, which requires the personal
representative to complete a certain number of steps prior to closing
an estate. If you have been named a personal representative, or a loved
one has died without a Will, and need assistance with your loved one's
probate, please contact the
Las Vegas probate lawyer at Roland Law Firm.
Completing Probate in Las Vegas
If the person passed away with a valid will, the personal representative
named in the document will be in charge of administering the estate. The
personal representative must lodge the original copy of the decedent's
will with the probate court and then petition the court to admit the will
to probate, so the will may be proven valid. A notice of hearing on the
initial probate petition must be mailed to heirs and beneficiaries listed
in the will, contests may be filed to oppose a will and/or the appointment
of the personal representative. The personal representative must then
publish a notice of the deceased's death to creditors, and creditors
have 60 or 90 days to file a claim.
The personal representative must then obtain appraisals, collect assets
and properties, and prepare an inventory of the estate to file with the
court. If creditors have filed claims, the personal representative must
determine if said claims are legitimate, as well as pay the decedent's
necessary taxes and debts. After claims, taxes, and debts have been paid,
the court may order the final distribution. Then the personal representative
divides and distributes the decedent's assets according to the will.
If a person dies without a will, the court must appoint an administrator,
and the administrator will divide the decedent's estate according
to Nevada State law.
Need probate assistance?
The probate process may be incredibly difficult for people who have not
had previous probate experience. Our probate law attorneys at Roland Law
Firm help personal representatives with the entire probate process and
ensure the process is completed as quickly and efficiently as possible.
We know which estates qualify for which type of probate, and what items
are counted in a decedent's probate estate. Please contact our firm
to learn more about how we may be able to help you and your family.