Estate Planning, Wills & Trusts Attorneys in Reno, NV
Reno's Top Estate Planning Attorneys
Planning your Future Together.
At Carlson & Work we are estate planning lawyers in Reno, NV dedicated to protecting your family now and in the future. Estate Planning allows us to easily ensure your family is protected and your legacy is preserved today, tomorrow, and in the future. As Reno’s highest-rated family and estate planning firm, you can be ensured your matter is in the best of hands.
A key value of estate planning law is the ability to forecast and predict exactly what will occur in the event of an emergency, unforeseen legal hurdle, bankruptcy or the passing of you and or loved one. At Carlson & Work, we will not stop until you achieve the results and assurance you deserve.
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Need a Nevada Estate Planning Lawyer? We Can Help
We’ve all heard the expression “sue me” at least once or twice. However, in the US, people take this expression quite literally. America is one of the most litigious societies in the world, with millions of lawsuits being filed every year. During litigation, your assets can be at risk. Estate planning can be a useful tool to protect your assets in the event of a lawsuit.
At Carlson & Work, we take the confusion and intimidation out of estate planning. Estate planning is about protecting what you have earned for the people you love. It really is that simple. At Carlson & Work, we accomplish this, largely through two, straightforward options, a Will and a Trust. Estate planning lawyers often make the process far more cumbersome than necessary,
Sadly, many estate planning attorneys make the process of planning and delivering your estate feel far more intimidating than it really is. At Carlson & Work, you will know step by step what is occurring in your matter, what decisions the attorney has made, and most importantly, why. Trust our UNMATCHED REVIEWS and our hundreds of satisfied clients.
Reno Estate Planning Options
- Revocable living trust
- Irrevocable Living Trusts
- Last Will and testament
- Powers of attorney
- Living Wills
When you retain Carlson & Work you will have a dedicated attorney by your side.
Carlson & Work is a Reno Law Firm You Can Trust
From family law to family planning, Carlson & Work is focused on one thing, protecting your family. Rather than being a jack of all trades firm, we have mastered family law and family planning. As a result, our ratings, reputations, awarded honors and position as Reno’s top family law and family planning firm is unmatched. With that, we continually strive to better ourselves and live up to and beyond the expectations our clients have become accustomed to.
Protecting Your Future
A central goal of estate planning is protecting your assets. We will evaluate your unique position and goals to come up with the best possible estate planning objective. Together, we will discuss the best options for you and your family when it comes to protecting your assets and minimizing unnecessary impacts of taxes. When you select Carlson & Work to plan your estate, we will work together and discuss all of your estate planning options.
Estate Planning FAQs
As you accumulate more assets throughout your life, it becomes increasingly important to organize the management of your property for after death. This can be done through estate planning, which is the preparation of tasks that are created to manage one’s property after they die. At Carlson & Work of Reno, Nevada, our experienced estate planning attorneys can guide you through the estate planning process to ensure that your property ends up in the right hands after your death.
An irrevocable trust is a trust that cannot be revoked, meaning that once the terms are established, they cannot be changed or canceled. While this may seem like somewhat of a disadvantage, an irrevocable trust relinquishes your control of the assets, which places them out of reach in the event of litigation. You are able to designate a trustee, who manages the trust, and beneficiaries, which the trustee can be one of. Beneficiaries can be your family or
close friends, or even a business or nonprofit entity.
The goal of estate planning is to ensure that beneficiaries of the estate receive your assets in a way that minimizes taxing of the property. Ultimately, estate planning focuses on making sure that the right people get your property after your death.
Estate planning tasks include writing a will, creating a trust, naming a beneficiary, listing your assets, valuing your assets, setting up funeral arrangements, and naming a durable power of attorney to manage other assets. Assets that should be included and valued in your estate plan include:
- Houses (including the house that you live in, any land that you own and any other real estate that you own)
- Vehicles (including cars, motorcycles, and boats)
- Stocks, bonds, and mutual funds
- Collectibles (including coins, art, antiques, and trading cards)
- Life insurance
- Ownership in any businesses
While not everyone necessarily needs an estate plan, you don’t have to have a large estate to have an estate plan. The choice to have an estate plan is a personal decision. If you are considering creating an estate plan, reach out to the Reno, Nevada estate attorneys of Carlson & Work for advice on the process.
Estate planning is beneficial for several reasons, including:
- Providing for spouse and children
- Preserving family wealth
- Leaving a legacy behind
- Naming the guardian of minor children
- Your estate is large: If the value of your estate is large, having an estate plan could help you avoid estate taxes.
- You have children: If you believe that your children are not old enough or mature enough to handle a large inheritance, an estate plan can make provisions through a trust to remedy this issue.
- You want to avoid probate: When you have a will, you must go through probate court to attain anything in the will. Probate can result in a loss of privacy because your information becomes a public record in court. Probate is also expensive and oftentimes, a long process. Estate plans avoid probate court.
- You want to give your property to charity: Estate plans allow you to name charities as beneficiaries if you wish to give your property to a charity.
- It minimizes probate expenses.
- It minimizes delays in inheriting property.
- It maintains privacy.
- It is more detailed and extensive than a will.
- It can be complex.
- It can be expensive to create.
ESTATE PLANNING SIMPLIFIED
Estate planning allows you to protect and preserve your assets, as well as make it easier to transfer assets in the event of litigation. It can also help minimize your tax obligations in some instances. Estate planning is one of the best ways to protect your wealth, oftentimes in the form of a trust. A trust allows a third party, known as a trustee, to hold assets on behalf of the
beneficiaries. While there are many different kinds of trusts, an irrevocable trust is the best way to make sure your assets are protected.