How can a Farragut, TN wills lawyer benefit you and ensure that your treasured belongings stay in your family? Throughout life, you have amassed personal property which may be special to you, or important to your relatives. Memories, antiques, land, and more can be emotionally or financially valuable to those whom you hold close.
Many take inventory of cherished heirlooms, important items, real estate, finances, and even pets long in advance of their passing. This can be done at any point and updated periodically throughout life, or during the critical times of likely mortality. The reasoning behind this is to ensure proper bequeathal to family or specific individuals in the event of death. Frequently referred to as a “will,” this inventory is a document testifying the direct wishes of the deceased. Wills lawyers are trained carefully and specifically to ensure that possessions are properly distributed.
The lens of casual eventuality through which we are forced to view life, brings great value to personal legacy. You want these important items to be cataloged and distributed correctly. Perhaps your grandson has always admired the classic car in your garage and you hope to ensure that he receives it. Your daughter spent childhood digging through your jewelry boxes and fell in love with a particular set of pearl earrings and has always hoped to inherit them. Maybe you have something from your own childhood that will bring back joy and memories to a close friend who outlives you.
Farragut wills lawyer Carpenter & Lewis PLLC has the experience and motivation to lead you comfortably through this daunting process. You may have many questions and require a guide. These stressful experiences tend to weigh on people and create high tensions. If there are any disputes over property, the lawyer can act as a mediator to settle arguments.
The alternative to reaching out to a strong lawyer is leaving your possessions to probate. In the probate process, active debts of the deceased are collected, and all remaining finances and possessions are distributed by the court, typically to family members. As this occurs following death, it may be time consuming and take years, and the deceased has no control over specific distribution. This might lead to family conflicts over who receives specific items.
Consider hiring a counselor and setting up a last testament to ease the events surrounding death and establish that your final wishes and commands transpire. Farragut wills lawyer Carpenter & Lewis PLLC focus their entire effort specifically on estate and transactional law. It may be easier than you expect to create a valid, lasting contingency plan for death.
“We own several businesses and have had the pleasure of working with Stephen and his team for over 9 years now. He always comes through in a pinch. They have assisted us with leases, estate planning, company formations and even landlord issues. I highly recommend them for all your business attorney needs!”
Mary Ellen Nichols