If you are seeking legal help with planning your estate, The Family Law Firm, PLLC offers their legal expertise to you. Our Tennessee-based law firm has helped numerous families plan their estate, draft their will, and prepare for a transition of assets.
Estate Planning is an important part of protecting and preserving your assets and your family. Estate planning usually falls into the following categories:
No matter your wealth, it is important that each person plan their estate. If searching for a legal firm in Tennessee to help you, consider calling The Family Law Firm
Estate planning involves developing a complete strategy for managing your assets. Estate planning is “life planning,” and usually requires the preparation of several sophisticated legal documents.
This strategy must be properly documented and maintained by a committed professional who has taken the time to get to know you and your specific needs.
Many people have the misconception that estate planning is for the wealthy. That belief could not be farther from the truth! Estate planning is for every husband, wife, mother, father, grandparent, business owner or professional who:
The will is the cornerstone of most estate plans. It includes basic details about:
Getting your affairs in order does not only concern planning for a time after your death. This is a good opportunity to put some contingency plans in place in case there comes a time when you are unable to make choices or carry out certain actions yourself. Financial power of attorney is a tool that allows you to choose an agent who can act on your behalf in financial matters.
Many people have strong feelings about life support and other heroic health care measures. It is a good idea to document such preferences in a living will or advance directive, so that in case something happens, your family and medical team can act in accordance with your wishes. You can also designate someone to make health care decisions on your behalf.
Planning your estate can be a complex yet important matter. A lawyer can help ensure that your wishes are followed in the event of an untimely passing, and protect your family in the future.