Our experienced legal team offers trusted guidance across a wide range of services. We provide clear advice, practical solutions, and support at every step. Contact us today to discuss your situation and move forward with confidence.
A will can cover basic needs like organizing your assets and guardians for your children.
A trust can allow you to pass assets to your loved ones outside of a lengthy probate process.
A health care directive can outline your wishes in the event of an illness or you otherwise being incapacitated.
A durable power of attorney allows someone to make important decisions on your behalf when needed.
Wills and estate planning documents require the use of precise and unambiguous formal legal language to ensure the person’s wishes for their belongings are clear. You will need to clearly identify all beneficiaries (those who benefit from your death), consider contingency plans in the event a current beneficiary predeceases you, and use precise language and legal descriptions for property. Failure to properly take these steps can result in lengthy and costly disputes.
Your estate is considered to be the sum of everything you own (personal property, real estate, bank accounts, etc.) minus your debts and any outstanding obligations.
For a small estate under $100,000 (or $25,000 for a non-spouse heir), an Affidavit Set Aside is typically used to transfer assets efficiently without a formal probate process.
For estates between $100,000 and $300,000, Summary Administration allows assets to be handled through a simplified probate process with reduced court involvement and faster resolution.
For estates exceeding $300,000, a full probate process is required where a representative manages assets, settles debts, and distributes property to beneficiaries under court supervision.
It is understandable how confusing and unfamiliar the process may be, especially at such a stressful time in life with the death of a loved one. Posin Law Group can assist you through the process and answer any questions you may have. Planning ahead is the best means of protecting your loved ones. For further assistance or additional information please contact Posin Law Group at (702) 396-8888. We will be happy to meet with you to discuss your specific situation and see if we are able to help.
