Intelligent Estate Planning Solutions
Regardless of a client’s net worth, we understand that everyone has wishes regarding the distribution of assets that are deeply valuable to them. The attorneys of Whitehead & Burnett believe that every client deserves to prepare for asset protection with estate planning professionals who they trust.
With careful attention to lifetime needs as well as preferences for the future, we recommend the wills and trusts that may provide suitable protection for a client’s assets. Our legal team listens to the client’s estate planning goals to determine which strategies are most appropriate and cost-effective. Sufficient planning can also prevent the hassle of probate in most cases.
What Might An Estate Plan Contain?
Our attorneys are prepared to identify and protect several important assets and choices, including:
- Real estate properties
- Sentimental items, such as jewelry and heirloom furniture
- Savings and retirement accounts
- Investment portfolios
- Business ownership and succession
- Requests regarding resuscitation and end-of-life care
- Charitable gifts
The estate planning strategies that we recommend are highly personalized to each client’s specific wishes, concerns and assets. We may creatively address these needs through establishing a living will, trusts, durable or healthcare power of attorney and other asset protection methods.
Discover Trust Options With A Skilled Attorney
Nevada is among the most favorable states in the country for establishing trusts. In fact, forming a trust with our firm in Las Vegas can be a wise financial choice for those who live outside of the state as well. Our attorneys help clients seize this opportunity through the creation of trusts to provide maximum value for their family members and beneficiaries.
Among the estate benefits offered by Nevada, the Domestic Asset Protection Trust (DAPT) frequently stands as an advantageous option. Because a DAPT is a self-settled spendthrift trust, our client may be the sole beneficiary. This type of irrevocable trust can offer forms of added protection against creditors and future lawsuits, which could especially shield individuals with high-risk careers such as business owners and doctors.
We also help our clients form specialized trusts when appropriate. A dynasty trust, which may also be referred to as a generation-skipping trust, can ease inheritance taxes for children or grandchildren. Our lawyers also work with families to create special needs trusts for their loved ones.
Build A Strong Plan With Our Law Firm
Many estate plans are strongest when created before any conflicts arise. To learn about your estate planning options, schedule a consultation with us through our online form or by phone at 702-267-6500