How the Probate Process Works
If a Nevada resident dies, their estate must be settled through probate when their assets are more than $20,000 or if it includes real estate. Probate is a legal process that happens in court. The goal is to settle the deceased’s financial, real estate, and final affairs based on their will.
While you may be able to manage probate matters yourself, it’s best to hire an estate planning lawyer. Probate matters can be complex. Besides sorting through legal issues, a lawyer can protect you if there are problems with creditors or competing heirs.
When to Start the Probate Process
You should start the probate process as soon as you can. By law, you must present the will to the court no later than 30 days after a person’s death. A lawyer can file for you.
How Long Does It Take to Settle an Estate?
According to the State Bar of Nevada, probate matters can take four to six months to resolve. That’s because certain notices may need to be published, and any creditor issues may need to be handled. Complex probate cases can take more time.
Have a Probate Partner
Even with small estates, probate can involve many difficult legal transactions. Often there are many outstanding issues such as creditors, real estate deals, and competition between heirs. It’s important to retain an estate planning lawyer in Las Vegas that can navigate you through this process. The death of a loved one is an emotional time and a reliable lawyer can relieve some of the stress and ensure the best outcome.