Estate Planning Lawyer Maryville, TN

Estate planning is an essential process for everyone, not just for those who are reaching retirement age. Estate planning can be helpful for families and individuals alike, who may be in various stages of life. Having an estate plan offers certainty for yourself and your closest loved ones. If you would like help creating an estate plan that fits your circumstances and wishes, then contact our Maryville, TN estate planning lawyer as soon as you can. At Carpenter & Lewis PLLC, we have helped so many people and their families find peace of mind knowing that their future is planned for. Please do not hesitate to call us today to learn more. 

Estate Planning Basics

Estate planning entails a review of your needs, both current and into the future. Most people think of estate planning as outlining how they want their assets to be distributed after they pass away. While this is true, it is just one small component of the entire estate planning process. By having an essay plan, you will have answers to things such as who will make decisions for you if you suddenly become incapacitated or ill, who will care for your children in the event of your death, who will be responsible for administering your state, and who will receive your assets after you pass on. Having an estate plan allows you to remain in control over events that have yet to happen. Furthermore, estate planning enables you to accomplish goals such as protecting assets from creditors, limiting the impact of estate taxes, eliminating the need for probate, controlling your beneficiaries access to funds, planning for the future of your business, and preparing for possible long-term care needs. To have our Maryville estate planning attorney guide you through the estate planning process, contact us today. 

Estate Planning Documents

There are many documents that may be included in your estate plan. Everyone’s plan should be geared towards their specific needs and circumstances, but there are some common documents that tend to be in most plans. These documents can include the last will and testament, trusts, advanced directive, beneficiaries, power of attorney, and more. If you have questions about these documents, please don’t hesitate to reach out to our team as soon as you can to get started. When preparing to create your estate plan it helps to know what your assets are, and who you would like your beneficiaries to be. Beneficiaries are people and/or charity organizations who you would like to inherit certain assets after your departure.

Carpenter & Lewis PLLC

No one likes to think of a time when you’re no longer here with the closest loved ones. But it is essential to have an estate plan so that the legacy you leave behind goes to those you love the most. Our dedicated estate planning attorney is ready to get started today. Contact our team at Carpenter & Lewis PLLC to learn more about estate planning and how to prepare for the future.