Estate Planning
ESTATE PLANNING ATTORNEYS in Lebanon, Tn
Estate planning is something that every adult needs but very few properly have in place. Estate planning consists of Last Wills and Testaments, Powers of Attorney, Healthcare Powers of Attorney, Living Wills, Conservatorships, Guardianships, Trusts, etc. In the event that proper estate planning is not performed prior to someone’s death, or prior to the loss of their mental capacity (inability to manage their affairs), it can be detrimental to the loved ones left behind. Even if you don’t think that you have many assets it is still important to have the proper estate planning in place to dispose of your assets, to appoint an executor of your estate, to recommend a guardian for your children, and to properly document who you want to make decisions on your behalf once you are unable to do so.
At our law firm we have seen horrible situations where someone did not do the proper estate planning and tried to save money by using internet forms or attempted to draft documents themselves. All just to save a little money that ended up destroying family relationships and costing loved ones hundreds of thousands of dollars. Estate planning is even more important in today’s society where the population is aging and many people have kids or step kids from a different marriage.
One huge misconception that many people believe is: that if you die without a Will all of your assets will go to your spouse, THIS IS NOT TRUE in many cases. If you pass away without a Will the state of Tennessee has made a plan for your assets. The money and assets that you have worked so hard for your entire life can go to individuals in your family that you do not want to receive your assets.
Please call today for us to discuss your estate planning options. All estate plans are different because everyone’s situation is different. Call us at 615-444-0001 to discuss or to set up an appointment. We are located in Lebanon at 406 W. Main Street, right beside the public library.
Contact Agee & Tinsley for more information!