People in Carson City, Reno, and Lake Tahoe, Nevada, need an estate planning lawyer to help create wills or trusts. An estate planning lawyer can decide what happens when a person dies. Here’s what you should know about your need for a lawyer while considering estates and trusts for your family.

What are estates and trusts?

An estate is everything you own, including your home and personal belongings. Trusts are a legal way to manage your assets and what happens when you die.
Creating an estate plan with a trust can control where your assets go when you pass away. That helps protect the inheritance of children, spouses, or others who depend on you.
Your financial situation will determine if you need to create a trust, but it also could include any of the following:

  • You have control over your assets.
  • A trust can keep someone from controlling what you own after you pass away.
  • Inheriting money or property.

If others inherit your estate, it might be hard for them to use it. A trust can help them manage your assets while minimizing tax implications.
An estate plan should include a will and a trust for the best results. Your lawyer can recommend what type of estate plan would be best for you.

Why do you need a lawyer to create an estate plan?

Creating trusts or wills takes time and knowledge about the law. You can find templates online, but it’s best to work with a lawyer to complete the estate that fits your needs.

How do you pick an estate planning lawyer in Reno, Carson City, or Lake Tahoe?

An estate planning lawyer will help ensure your family is cared for after you pass away. They should be experienced and have a good reputation for working with people.

There are many ways to find out about lawyers’ experience. Here are some suggestions:

  • Check the percentage of estate planning cases they handle on their website.
  • Find reviews online or ask friends and family members for recommendations.
  • Get help from an association like the National Association of Estate Planners and Councils.

As you can tell, it’s not always easy locating a lawyer for estates and trusts. Fortunately, with a bit of hard work, you can find the right firm for your family.

How much will it cost to work with an estate planning lawyer?

It’s best to meet with lawyers before you sign any agreements, including costs. After all, every case is different.

  • An estate planning lawyer might charge any of the following:
  • Hourly rate or a flat fee for essential work on your case.
  • You might have to pay the filing fees associated with your legal paperwork, which can cost hundreds of dollars.

Other costs involve working with an estate planning lawyer, including researching laws, copying documents, and postage.
If you’re ready to work with a lawyer for estates and trusts in Carson City, Reno, or Lake Tahoe, don’t wait to get help from a legal expert. We can guide you through the process of creating a will or trust, so your loved ones are taken care of after you pass away.

What are my next steps?

Your estate planning lawyer in Reno, Carson City, or Lake Tahoe should be able to answer any questions you have about the process. Get more information on how we can help you today by contacting Handelin Law. Contact us at (775) 882-8032

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