Estate lawyers in Knoxville, TN are also known as probate lawyers, and are experienced and licensed professionals in the estate planning field of law and the probate field of law that focus on the state and federal laws affecting your estate. They understand deeply how your assets will be inventoried, valued and dispersed, and even taxed after your death.
The lawyers here at Carpenter & Lewis PLLC have a deep understanding of this process, and offer their services as estate lawyers in Knoxville, TN. In addition to teaching you about the probate process and how it can protect you, they can also:
Help you create your will, no matter the format or media you want it presented in.
They’ll help you ensure you designate the people you want as beneficiaries.
They can help establish a durable power of attorney and a separate medical power of attorney.
They can help you find ways to reduce or avoid estate taxes when it’s legally possible.
They can also help you find ways to reduce and avoid your time at probate court.
And last but not least, an asset protection lawyer in Knoxville, TN can help you find ways to set up trusts, as they understand the various types of trusts you may be interested in.
Lawyers that deal in asset protection often deal in flat fees when crafting and binding legal documents such as wills and power of attorney, but you can also pay them hourly fees to help you maintain your estate and even act on your behalf when handling disputes. You can also hire these lawyers to execute your will upon your death to further ensure that everything happens as you wished it via your legalized documentation.
Anyone with power of attorney can call on an assets protection lawyer in Knoxville, TN to help them while they are trying to oversee a recently deceased person’s estate. It can make their life easier and ensure that everything is done correctly according to law and the will they’re left with. A good lawyer with this focus can help you to avoid probate court, though there are some cases where probate court is required as it depends heavily on the assets and the deceased’s estate.
If the will is being contested by anyone, then you should seek an asset protection lawyer to help you as that can drastically change the will later on. While contentments involving the will are rare and far between, it can happen and you should know you have a lawyer on your side that you trust with your case.
Before working with a lawyer, talk about their experience and background to see who may work best for you. Working with a lawyer that you trust can help you feel less stress when dealing with asset protection, probate court, and many more circumstances that an asset protection lawyer in Knoxville, TN can help you with.