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Chattanooga Will Lawyer

Foundation of a Solid Estate Plan

Are you wondering if you need a will? A will is the foundation of an estate plan as it allows you to give specific instructions that are to be carried out after your death. While a will is important, keep in mind that it is only a part of the estate planning process. Whether your estate is large or small, you will probably need an estate plan, especially if you have children or own a home or other real estate.

At Jackson Law Firm, PLLC, our Chattanooga estate planning attorneys have years of experience helping individuals and couples write wills and establish other valuable estate planning documents, and we would be glad to put our knowledge and experience to work for you.

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Advantages of Having a Will

Much of our lives are spent working hard and providing for ourselves and our family; however, if you don't have a will, then Tennessee's laws will decide how your estate is divided when you die.

Advantages of writing a will, include:

  • You can name an executor to manage your estate when you die.
  • You decide who gets what, how much, and when.
  • You can give money to a grandchild, a close friend, or a favorite charity of your choosing.
  • You can appoint a guardian for minor children.
  • You decide what happens if you become incapacitated.

A will addresses assets that are in your name alone; these are called "probate assets." Not all assets pass through a will; for example, life insurance policies, bank accounts, assets held in a trust, and retirement accounts pass outside of a will and directly to your beneficiaries.

We can create a will and a customized estate plan that maximizes your assets while reducing the tax implications on your estate, giving you peace of mind that your family will be well cared for in the event anything should happen to you.

Contact Our Estate Planning Attorney

We recognize that no two clients or families are alike, and that is why we tailor individualized estate plans that are as unique as the client. Our focus is on protecting you and your family while reducing court costs, legal fees and taxes in the process.

To learn more about wills and the estate planning process, contact our office to arrange a free consultation with our Chattanooga estate planning lawyer.

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