Trust Lawyer, in Knoxville, TN

Having a trust can be very beneficial in keeping real estate secured for your family following your passing away, but to make sure you’re receiving the best possible trust, it’s highly recommended to enlist the services of a trust lawyer in Knoxville, TN. Doing so will not only speed up the process and ensure that the necessary paperwork is handled efficiently, but will also ensure the greatest quality. To get the process started and finalize everything, you should contact Carpenter & Lewis PLLC. 

What is a Trust?

While a Trust shares some similarities with a Will, the main difference between the two is that a trust is kept on private records and lets surviving family members avoid an extensive probate process following you passing away. Essentially, it’s an arrangement between a trustee and one or multiple beneficiaries. Instead of assets, a Trust allows you to pass along ownership to another party. In most cases you will serve as a trustee which will allow you to maintain total control over your assets during your lifetime.

Another advantage a Trust has over a Will is that it offers more flexibility such as being able to sell property, transfer assets within and out of the Trust, and even revoke the Trust at any time. Today more families are choosing Trusts due to convenience. Beneficiaries are able to gain the estate and any assets included without a four month delay. This four month delay is the result of Tennessee probate laws, commonly associated with Wills. 

Of course, Trusts come with their own unique set of challenges which is why enlisting the help of a trust lawyer in Knoxville, TN will streamline the process. 

The Services Our Trust Lawyers Offer

Since 1989 our expert estate and Trust lawyers have been providing legal advice and services to many families and business owners. It’s part of our mission to ensure that every client understands the fundamentals of estate planning. Our services include:

• Securing Assets: Whether you’re wanting to leave your estate to family after your passing, leave behind certain assets, or both, our trust lawyers will provide you peace of mind that everything will be taken care of upon your death. 
• Basic and Advanced Strategies: We understand that every client is different and may have unique needs following their passing or disabilities. As such, our lawyers are well-equipped to handle complex issues. 
• Consultation Services: We know you may have questions or concerns which is why we offer consultation services. During consultation, our lawyers will walk you through every step of the process explaining long-term planning strategies and how to minimize tax complications during your lifetime and upon your passing away. 

Contact Us Today to Schedule a Consultation

A Trust offers many improved benefits over a Will including being able to avoid a four month probate process. Our lawyers specialize in estate and transactional law, including services such as drafting Wills and Trusts. We can answer any questions or concerns you may have and discuss various long-term planning options. To enlist the services of a trust lawyer in Knoxville, TN then you should contact Carpenter & Lewis PLLC today.