Estate Planning Basics Attorney in Las Vegas, Nevada
What one piece of estate planning advice do you repeatedly give to clients?
What one piece of estate planning advice do you repeatedly give to clients?
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00:04
do it
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my best advice in estate planning is get
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your estate plan done
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whether you own a lot of your assets in
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llc or corporations there’s always
00:17
things in estate planning that people
00:18
have missed if you go through a proper
00:20
estate planning process you won’t miss
00:22
the items that tend to cause the
00:24
problems later a lot of people think
00:26
that if they’re well planned and they’re
00:28
business people businessmen and women
00:30
well-planned that you know they have
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llc’s they have corporations they’ve
00:34
dealt with an attorney and so of course
00:36
you know they’re dotting their eyes and
00:37
crossing their tees all the time well
00:39
with estate planning it involves so much
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more than that it’s not just your
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business assets it’s your personal
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assets
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and oftentimes if you’re not doing
00:47
estate planning you’re not in the habit
00:49
of just going through the assets that
00:51
you may collect or change over the years
00:53
and if gosh forbid something happens
00:56
those assets are going to go to probate
00:58
maybe your directives your medical
01:00
directives are not taken care of so you
01:02
have goodness gracious somebody handling
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your medical decisions um that you
01:08
is maybe not a relevant person in your
01:09
life anymore um there are
01:12
all kinds of issues and things that bad
01:15
things that can happen for failure to
01:17
have an estate plan
01:18
and it really is not a painful process i
01:21
mean the whole process is like
01:23
an hour perhaps i mean you would come
01:26
into the office
01:28
you’re given a list it’s meant to jar
01:29
your memory on the things that you have
01:31
it’s meant to ask you questions about
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your children about your medical
01:34
directives about your funeral things
01:37
that you would like
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to have happen or distributions to be
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made the attorney gets it we go through
01:45
prepare the document for you you come
01:47
back in a week two weeks later sign it
01:49
get it witnessed and there you go and
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you have peace of mind i think the
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biggest trouble for most people is they
01:54
don’t like to have the conversation
01:56
about death but i mean you plan for your
01:58
taxes i’m sure every year you can you
02:01
can plan for the end too right
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Las Vegas, NV business law attorney Tisha R. Black shares the one piece of estate planning advice she repeatedly gives to clients.
