Keep The Power To Choose In Your Hands
There are many types of wills that Nevada considers valid. You can hand write your wishes to distribute your property on a piece of paper, date and sign it. This is called a “holographic” will. If you prefer, you can have a “formal” will created. There are various forms which a “formal” will can take; however, the hallmark of a formal will is that you sign it in the presence of witnesses.
Regardless of the form you choose, it is important to create a will sooner than later. If you do not create a will before you die, responsibility for your minor children may be determined solely by the court. By creating a will, you can nominate your choice of guardian(s) for your children who are under the age of 18. If you do not have a will, the assets and property your children inherit may be subject to a costly guardianship supervised by the court.
Without a valid will, Nevada’s intestacy laws determine who will receive your assets. Depending on your circumstances, your parents or other relatives could end up splitting your property with your spouse, rather than your spouse getting all of your property. The Law Office of J. Robert Parke, LLC, in Reno helps clients throughout northern Nevada avoid these and other unintended consequences by creating valid wills that stand the test of time. Call the firm at 775-786-5046 to make an appointment with an experienced lawyer today.
Every Adult Should Consider the Advantages of Creating a Will
A valid will has many advantages. You can name your choice of personal representative to administer your estate in a manner you choose. You can name your heirs, and you can also omit certain members of your family who stand to inherit from you if you do not have a will. You are not compelled to provide for each and every adult heir if you do not wish to do so. For example, if you feel you have provided enough for your adult child throughout their lifetime, you may state so in your will.
Some parents do not wish to give any further assets to wayward adult children. However stating so in a will needs to be done carefully to avoid will contests and a battle in probate court. Attorney J. Robert Parke believes it is important to be candid about your long-term goals for your wealth. There is no one-size-fits all will when it comes to providing for your family’s needs. He will help you draft a will to clearly express your wishes about distributing your assets and property.
Get Experienced Legal Counsel to Help You Draft a Valid Will
Since 1990, attorney Parke has been providing sound guidance, legal counsel and services to clients wishing to create their wills. He draws from his extensive experience in estate planning, trusts and business transactions to help clients understand the importance of having a well-drafted will. Email or call the firm at 775-786-5046 to schedule an appointment at the Law Office of J. Robert Parke, LLC.