5 Reasons People Don’t Execute a Nevada Estate Plan
1. I don’t plan on dying anytime soon. None of us do. However, having a Nevada estate plan is about planning for the unexpected.
2. I don’t know where to begin. That’s easy. Our Estate Planning questionnaire asks the key questions that need to be answered when considering how to handle your financial and medical decisions if you’re unable to do so. It will also assist you in considering how you want your assets to be distributed in the event of an untimely death.
3. Procrastination has worked for me so far. I get it, but “living in the moment” has a serious downside. You will find there is great satisfaction knowing you have provided for your loved ones in the event of your untimely passing.
4. I don’t have the time. Really? Filling out our questionnaire should take less than one-half hour and our initial discussion regarding a simple will can be completed in one phone call!
5. I can’t afford it. It sounds cliche – but you can’t afford not to have an estate plan. In the event of your incapacity, guardianship procedures are time consuming and extremely costly. Moreover, court battles over your estate when you haven’t clearly articulated your desires can be exorbitant.
For more than 30 years, Attorney Lee A. Drizin has practiced in the areas of estate planning, probate, trusts, guardianship and real estate matters representing clients throughout the state of Nevada.
Drizin Law is providing this information for educational purposes only. It should not be construed as legal advice or a legal opinion as to any specific facts or circumstances. This information is based on general principles of Nevada law at the time it was created and you should be aware laws frequently change. Moreover, the laws affecting you may differ depending on the circumstances. You should consult with a qualified attorney in your own state or jurisdiction concerning your particular situation. Review of this information does not create an attorney-client relationship.