1. What areas of law does Lee Kiefer & Park, LLP specialize in?
We specialize exclusively in trust and estate law, including:
- Estate Planning: Crafting comprehensive estate plans to ensure your wishes are honored.
- Probate & Trust Administration: Guiding executors and trustees through the administration process.
- Trust & Estate Litigation: Representing clients in disputes related to trusts and estates.
- Business Formation: Assisting with the establishment of business entities.
- Asset Protection: Developing strategies to safeguard assets from potential risks.
2. What is the probate process in Nevada?
The probate process in Nevada involves:
- Filing a Petition: Initiating the process in the district court of the county where the decedent resided.
- Appointment of a Personal Representative: The court appoints an executor or administrator to manage the estate.
- Inventory and Appraisal: Cataloging and valuing the decedent’s assets.
- Payment of Debts and Taxes: Settling any outstanding obligations.
- Distribution of Assets: Allocating the remaining assets to beneficiaries as outlined in the will or by state law. The complexity of probate can vary based on the estate’s size and specific circumstances. Our firm provides step-by-step guidance to ensure a smooth process.
3. How can I protect my assets through estate planning?
Effective estate planning can protect your assets by:
- Establishing Trusts: Placing assets in trusts to manage and distribute them according to your wishes.
- Creating Wills: Clearly outlining the distribution of your assets.
- Designating Beneficiaries: Ensuring assets pass directly to intended recipients.
- Implementing Powers of Attorney: Appointing individuals to make decisions on your behalf if you’re unable. Our attorneys collaborate with you to develop a personalized plan that aligns with your goals and safeguards your assets.
4. What should I consider when forming a new business?
Key considerations include:
- Choosing the Appropriate Entity Type: Deciding between an LLC, corporation, partnership, etc.
- Understanding Tax Implications: Evaluating how different structures affect taxation.
- Compliance with Legal Requirements: Ensuring adherence to state and federal regulations.
- Drafting Operating Agreements or Bylaws: Establishing the governing rules for your business. Our firm assists in navigating these factors to set a solid foundation for your business.
5. How can I schedule a consultation with Lee Kiefer & Park, LLP?
You can contact us at (702) 333-1711 to schedule a consultation. Our office is located in Las Vegas, Nevada, and we serve clients throughout the state. We look forward to assisting you with your trust and estate law needs.