Our Estate Planning Services
Last Will and Testament
By creating a Last Will and Testament, you are creating a plan as to how you want your assets distributed to certain beneficiaries. Additionally, you have the ability to designate the individual that you want to be responsible for ensuring that your wishes are carried out according to your Last Will and Testament.
If a decedent dies without a Last Will and Testament in Tennessee, their estate is distributed by the laws of intestacy.
Power of Attorney
Durable Power of Attorney
Financial & Healthcare
In an effort to plan for unforeseen events, it is beneficial to create a durable power of attorney (for financial and healthcare purposes). A durable power of attorney for financial purposes allows you to designate a trusted individual to be responsible for taking care of your financial affairs.
A durable power of attorney for healthcare allows you to designate a trusted individual to be responsible for making your healthcare decisions if you become incapacitated and are unable to make those decisions. This document only becomes effective upon incapacitation.
Probate
If an individual dies having created a Last Will and Testament, that Will is then submitted to the Court to Probate and Letters of Testamentary will be issued to the Personal Representative. The Personal Representative is responsible for carrying out the wishes of the Decedent pursuant to the terms of their Last Will and Testament and may have additional obligations imposed by the Court such as filing an inventory or accounting.
If an individual dies without a Will, their estate is distributed according to the laws of intestacy. The Court will still appoint a Personal Representative and Letters of Administration will be issued to allow that individual to have the authority to properly distribute the estate.
Probate administration can be stressful for all involved after the loss of a loved one. Trust in our professional services to assist you in this process.
To schedule a consultation, call us at 615-383-3332.