Probate, Trusts and Estates
We have a very active probate practice, throughout the state of Nevada, including rural counties. We represent estates, personal representatives, spouses and other family members of the deceased. We have a specialty of ancillary probate of Nevada real estate owned by out-of-state estates at the time of the deceased’s death. Frequently these can be streamlined through set-aside proceedings without a full probate.
Bauman & Associates can also prepare the estate planning documents you need. We assist you with planning and drafting your wills, trusts and estate documents.
Trusts and Estates legal services include:
- Preparation of wills
- Preparation of living trusts
- Preparation of irrevocable trusts
- Durable power of attorney
- Medical power of attorney / health care proxy
- Living wills
- Asset preservation
- Charitable giving
- Amendment and termination of estate planning documents
- Quitclaim deeds to place real estate assets in trust
- We also provide coordination for witnesses and notary public for the signing of your estate planning documents.
BENEFITS OF TRUSTS
- Avoidance of Probate. Trusts can be used to pass assets without going through probate. This can reduce costs and and delay.
- Improved Program Eligibility. Moving assets out of your name and into a trust may help clients with the eligibility requirements necessitated for state and federal programs such as Medicaid.
- Tax Benefits. Irrevocable trusts can remove assets from your estate, thus reducing estate taxes.
- Privacy. When assets are distributed under a will, a probate proceeding is filed, which is a public court filing. Trust documents, on the other hand, are private.
- Asset Protection. A properly drafted trust can help protect your assets from creditors and ensure that they are safely transferred to your beneficiaries.
- Control. Living trusts can permit you to continue to control your assets and funds during your lifetime.