Trusts & Estates Attorney
Wills, Trusts, & Estate Planning
Estate Planning Worksheet
If you seek estate planning services from us, use the link below to complete your estate planning worksheet. This will provide us with routine information that well help us achieve your goals.
About Estate Planning
Estate planning is the process of identifying how property should be distributed upon a decedent’s passing. The law offers a default method of distributing a decedent’s property, but most prefer to explicitly control how their property gets distributed beforehand. We assist our client’s in choosing and executing the most favorable mechanism to accomplish their goals and provide for their loved ones.
The Need for Estate Planning
The failure to proactively engage in estate planning often leads to increased hardship, greater fees, and damaged relationships later. A decedent’s estate may be subject to contentious probate proceedings that unnecessarily exhaust resources and distract from a loved one’s memory. For some, the failure to plan may also result in significant tax savings that could be put to greater use. Thoughtful estate planning is an essential process for those who want to continue to effectively provide for others with the resources they have already accumulated, even in memory.
The Expertise of a Trusts & Estates Attorney
Trust and estate law is complicated. In Tennessee, it spans several titles of the Tennessee code, and its foundation dates back hundreds of years. Effectively providing for your family is often much more time consuming than completing a free form document. A competent trusts and estates attorney can not only direct you toward the most appropriate mechanisms for your estate planning, he can help tailor those mechanisms specifically to your needs.
Revocable Trusts
Revocable trusts are a popular choice among clients who have large items of real or personal property and a clear idea of how it should be distributed. The revocable trust is an instrument of choice for those seeking to avoid the costs of probate court. It is also the instrument of choice for those who want more granular control on how their assets get distributed, the identity of the trustee who makes the distributions, and the trust protector or trust advisor who oversees the trustee that makes distributions. We assist our clients in structuring their revocable trusts, drafting them specifically in accordance with their needs, and transferring real, personal, and intellectual property to them.
Living Wills
Living wills are directives on how a decedent’s property should be distributed upon their passing. Unlike a trust, the property is not transferred into the possession of any other entity during the decedent’s lifetime. Upon passing, the decedent’s will must be probated, which is a court proceeding aimed at effectuating the decedent’s will and distributing the decedent’s property accordingly. The will has recently declined in popularity in favor of the revocable trust, which does not require a probate proceeding and, therefore, may be less costly and more private.
Other Wills & Trusts
Other wills and trusts may be used to accomplish any number of goals. For example, an irrevocable trust may be favorable for those seeking the tax benefits they afford. Others may seek gun trusts, which may be used to avoid criminal penalties associated with the transport of firearms and related devices. Still others may use wills and trusts in tandem, such as using pour-over wills in combination with revocable trusts, to provide comprehensive estate planning. Given Tennessee’s favorable laws on trusts and estates, their are additional choices for those seeking estate planning. The important consideration for those considering estate planning is to know their goal. A competent attorney will help you achieve it.
How We Help
We understand trusts and estates, and we care about our clients’ goals. We leverage our estate planning experience to provide our clients with comprehensive estate planning analysis and execution to ensure their goals live on in their memory. We even provide come-to-you service for clients in Davidson County, Tennessee. It is not too early to begin estate planning. Contact us, and we will help you get started.
Flat Fee Pricing
We strive to provide flat fee pricing to all of our clients whenever possible. Estate planning is fact-intensive and heavily dependent on the needs of every client. Our estate planning services generally begin at $2,000, and they vary according to complexity. Contact us for a more accurate quote.
About Estate Planning
Estate planning is the process of identifying how property should be distributed upon a decedent’s passing. The law offers a default method of distributing a decedent’s property, but most prefer to explicitly control how their property gets distributed beforehand. We assist our client’s in choosing and executing the most favorable mechanism to accomplish their goals and provide for their loved ones.
The Need for Estate Planning
The failure to proactively engage in estate planning often leads to increased hardship, greater fees, and damaged relationships later. A decedent’s estate may be subject to contentious probate proceedings that unnecessarily exhaust resources and distract from a loved one’s memory. For some, the failure to plan may also result in significant tax savings that could be put to greater use. Thoughtful estate planning is an essential process for those who want to continue to effectively provide for others with the resources they have already accumulated, even in memory.
The Expertise of a Trusts & Estates Attorney
Trust and estate law is complicated. In Tennessee, it spans several titles of the Tennessee code, and its foundation dates back hundreds of years. Effectively providing for your family is often much more time consuming than completing a free form document. A competent trusts and estates attorney can not only direct you toward the most appropriate mechanisms for your estate planning, he can help tailor those mechanisms specifically to your needs.
Revocable Trusts
Revocable trusts are a popular choice among clients who have large items of real or personal property and a clear idea of how it should be distributed. The revocable trust is an instrument of choice for those seeking to avoid the costs of probate court. It is also the instrument of choice for those who want more granular control on how their assets get distributed, the identity of the trustee who makes the distributions, and the trust protector or trust advisor who oversees the trustee that makes distributions. We assist our clients in structuring their revocable trusts, drafting them specifically in accordance with their needs, and transferring real, personal, and intellectual property to them.
Living Wills
Living wills are directives on how a decedent’s property should be distributed upon their passing. Unlike a trust, the property is not transferred into the possession of any other entity during the decedent’s lifetime. Upon passing, the decedent’s will must be probated, which is a court proceeding aimed at effectuating the decedent’s will and distributing the decedent’s property accordingly. The will has recently declined in popularity in favor of the revocable trust, which does not require a probate proceeding and, therefore, may be less costly and more private.
Other Wills & Trusts
Other wills and trusts may be used to accomplish any number of goals. For example, an irrevocable trust may be favorable for those seeking the tax benefits they afford. Others may seek gun trusts, which may be used to avoid criminal penalties associated with the transport of firearms and related devices. Still others may use wills and trusts in tandem, such as using pour-over wills in combination with revocable trusts, to provide comprehensive estate planning. Given Tennessee’s favorable laws on trusts and estates, their are additional choices for those seeking estate planning. The important consideration for those considering estate planning is to know their goal. A competent attorney will help you achieve it.
How We Help
We understand trusts and estates, and we care about our clients’ goals. We leverage our estate planning experience to provide our clients with comprehensive estate planning analysis and execution to ensure their goals live on in their memory. We even provide come-to-you service for clients in Davidson County, Tennessee. It is not too early to begin estate planning. Contact us, and we will help you get started.
Flat Fee Pricing
We strive to provide flat fee pricing to all of our clients whenever possible. Estate planning is fact-intensive and heavily dependent on the needs of every client. Our estate planning services generally begin at $2,000, and they vary according to complexity. Contact us for a more accurate quote.
Estate Planning Worksheet
If you seek estate planning services from us, use the link below to complete your estate planning worksheet. This will provide us with routine information that well help us achieve your goals.