Estate planning ensures your loved ones are cared for and your wishes are honored. Don't leave your family with unnecessary grief and expenses. Plan ahead with an experienced Las Vegas estate planning attorney.
Estate planning is the process of arranging for the care of minor children and the distribution of your property after death. A complete Las Vegas estate plan includes a will, revocable living trust, financial power of attorney, and health care directive.
Estate planning primarily involves making many crucial decisions regarding the care of minor children and the disposition of your property and assets after your death. For many, that is reason enough to disregard planning until later in life. Unfortunately, unpredictable events occur in life rendering it too late for planning. In those circumstances, surviving family members are left with additional and unnecessary grief in settling your estate, finding guardians for your children, and paying potentially thousands of dollars in fees and taxes.
With so much at stake, why not take the time to speak with an educated advisor and solve the issues ahead of time, preventing them from ever becoming issues? The out of pocket cost is minimal compared to the emotional and financial costs you will save your family. Perhaps more important, you will have a plan in place that will preserve your wealth to benefit future generations.
Meet Your Attorney
Watch Michael Cahill explain his approach to estate planning
How Much Does Estate Planning Cost in Las Vegas?
Married or single, I charge between $3,100 and $3,500 for a typical estate plan with the actual price generally depending on the complexity of the desired distribution provisions. The flat fee includes wills, financial powers of attorney, health care directives (medical power of attorney and living will) and a revocable trust. In addition, I assist you with asset transfers and am available for questions down the road, all for the same flat fee price.
When you call my office, you deal with me directly. I do not hand you off to a paralegal or secretary, but instead work one-on-one with you to answer your questions, address your planning dilemmas, and assist you in creating the ideal, perfectly-tailored estate plan and revocable living trust.
You can read about the typical Las Vegas estate planning process from beginning to end at this blog post.
Without a will or trust, Nevada law determines who receives your assets through a process called intestate succession. The results often differ significantly from what you would choose:
Unmarried partners receive nothing — assets go to blood relatives only
Minor children may face a custody battle among relatives
Probate court will oversee distribution, costing $4,000-$10,000+ in fees
No incapacity planning means a court may appoint a guardian to manage your affairs
A properly funded estate plan avoids all of these issues.
Frequently Asked Questions
What is estate planning?
Estate planning is the process of arranging for the care of minor children and the distribution of your property after death. A complete Las Vegas estate plan includes a will, revocable living trust, financial power of attorney, and health care directive.
How much does estate planning cost in Las Vegas?
A complete estate plan in Las Vegas typically costs between $3,100 and $3,500 as a flat fee. This includes wills, financial powers of attorney, health care directives, and a revocable trust, plus assistance with asset transfers.
What happens if I die without an estate plan in Nevada?
Without a will or trust, Nevada law determines who receives your assets through intestate succession. Unmarried partners receive nothing, minor children may face custody battles, probate court will oversee distribution costing $4,000-$10,000+ in fees, and a court may appoint a guardian to manage your affairs if you become incapacitated.
What documents are included in a complete estate plan?
A complete estate plan includes a Last Will and Testament, Revocable Living Trust, Financial Power of Attorney, Health Care Directive (Medical POA & Living Will), asset transfer assistance, and ongoing support for questions.
Do I need a trust or is a will enough?
While a will is essential, a revocable living trust helps you avoid probate, maintain control of your assets during your lifetime, and provides for incapacity planning. Most estate planning attorneys recommend both as part of a complete plan.
Don't Wait Until It's Too Late
Unpredictable events happen in life. Protect your family from unnecessary grief and expenses by planning ahead. Schedule a free consultation today.