Estate planning law is among the most complex and diverse legal practices. Today, you can find three types of attorneys specializing in different estate matters – probate lawyers, trust lawyers, and estate lawyers.
While each type of lawyer can help navigate the inheritance and asset distribution process, you must choose the right one for your specific case.
In this blog, we’ll share the differences between trust, probate, and estate lawyers by simply outlining their roles and responsibilities as per Nevada estate laws.
The Roles and Responsibilities of Trust, Probate, and Estate Lawyers in Nevada
1. Trust Lawyer
A Nevada trust lawyer specializes in trust matters, including document preparation, trust administration, and also trust dispute litigation, which involves recovering lost/stolen assets or removing trustees. In other words, trust lawyers provide legal counsel and help clients fulfill their fiduciary obligations to minimize or remove their personal liability.
2. Probate Lawyer
A Nevada probate lawyer is responsible for handling all matters related to dealing with a deceased client’s property, money, and possessions according to their last will. Probate lawyers assist representatives throughout the legal procedures of a probate process, such as giving notice to estate creditors, transferring assets to beneficiaries, and defending any objections from family members or third-party beneficiaries.
Hiring a probate lawyer in Nevada may not be necessary, especially if there are no conflicts or legal disputes between family members. Nonetheless, most people recommend hiring one to take over the burden of overseeing the distribution process.
3. Estate Lawyer
Finally, a Nevada estate lawyer is responsible for helping clients get their affairs in order before their demise. Many forward-thinking individuals take proactive measures to plan what happens to their assets and properties after their death.
In other words, estate planning attornies help document their clients’ asset dispersal wishes in a written will so they can take carry them out effectively with the help of a will executor. The state of Nevada also allows lawyers to draft living wills for clients who become incapacitated or incapable of making decisions on their own.
However, the information in this will is often limited to instructions for medical care, such as Do Not Resuscitate. An estate lawyer can ensure only they or the person holding the power of attorney can make the decisions.
Contact a Nevada Estate Lawyer Right Away!
At Bourassa Law Group, we specialize in estate planning law. Our team of Nevada estate lawyers has the expertise, experience, and resources to support and uplift families during times of upheaval through top-notch estate legal services.
Whether it’s a disagreement over asset ownership or distribution, we can intervene timely and find a win-win solution to resolve any problematic scenario. So, get in touch with us right away at (800) 870-8910 for a free consultation, and let us take care of all your estate planning, administration, and litigation needs.