A recent Harris poll indicated that 64 percent of Americans don’t have a will or trust. So why do so many people fail to execute an estate plan?
Easy. I can’t think of a more disturbing topic then trying to figure out what happens to my assets when I pass. But the other side of the coin is the peace of mind knowing that my financial affairs are in order upon my death. Moreover, a very well crafted estate plan will also address medical emergencies and provide guidance to my family if I am unable to make my own decisions about my healthcare.
The failure to implement an estate plan will certainly create even more stress for your family in the event of your passing or incapacity but the power of creating a will or trust can be overwhelming. The solution lies in finding an experienced attorney that you feel comfortable with. Does he or she take the time to explain your options? Does the lawyer promptly respond if you have additional questions? Do you feel like they speak down to you or with you about these important issues?
The right attorney can make all the difference by helping alleviate fear and confusion.
The best time to move forward with your estate plan is now rather than waiting until an emergency arises. Rest assured that once you have addressed these issues, it won’t be as difficult or overwhelming as you may think.
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.