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What Is The Best Trust For Estate Planning?
What is the best trust for estate planning? There are four types to consider, and each has a different purpose. Trusts are powerful estate planning tools that can help you manage your assets and ensure they’re distributed the way you want. One of the main benefits of using this estate planning tool is the …
What Are The 5 Components Of Estate Planning?
When it’s time to make arrangements for your final wishes, you might ask what are the 5 components of estate planning? A will is just the beginning. Estate planning is an important step that involves preparing and managing the whole of your assets ahead of your death. It is a comprehensive approach that involves several …
What Is Estate Planning (In Layman’s Terms)?
What is estate planning? In layman’s terms, it simply means the steps you take to secure your family’s financial future. Estate planning is simply the act of making sure your loved ones are covered in case of a tragedy. It involves making decisions about what will happen to your assets and possessions. And you …
Common Questions To Ask Your Estate Planner
A quick guide to many of the common questions to ask your estate planner on everything from wills to trust so that you can best protect your family. If you’re getting ready to start planning ahead for the future, congratulations. This is one of the best steps you can take to ease your mind and …
Winter Estate Planning
If you live in Franklin, TN, most of the year but migrate south during the colder months, your estate plan may be different than if you call the Volunteer State home year-round. Today, we take a quick look at a few things to consider when you maintain an address in two different states. Where Do …
Why Does Estate Planning Matter?
According to Franklin-based estate planning attorney Trent Linville, it’s all about keeping your loved ones financially safe. Look back on the last year. If you’ve spent more time planning your vacation or choosing where to eat dinner than you have managing or planning your estate, it may be time to revise your priorities. There are …
Thinking About A Living Trust? Avoid These Estate Planning Mistakes
As a Franklin, TN, homeowner, business owner, or parent, you want to make sure that your assets convey to your beneficiaries. There are many ways to do this, and one of the most efficient is to include a trust in your estate planning strategy. Unfortunately, it’s very easy to make mistakes if you don’t have …
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Should I Put My Bank Account In My Child’s Name?
If you’re getting ready to start your estate planning journey, you might think that simply adding your adult children’s names to your accounts, real estate, and other assets is a smart choice. While it’s true that having an account with multiple owners can help to bypass the probate process, this can be a huge financial …
Should I Put My Bank Account In My Child’s Name? Read More »
What Is Probate, And How Does It Work?
Probate is the legal process that allows the courts to transfer property to rightful heirs and settle debts left behind by a decedent. It can get complicated, but having a fundamental understanding of the probate process can help you better communicate with your estate planning attorney. If you live in Franklin, TN, you’ll be bound …
Can A Living Trust Keep My Family Out Of Probate?
You may have heard nightmares about probate holding a family’s assets hostage. Maybe you have no idea what that last sentence means and want to know more. Whatever the reason, you want to know that your family is well cared for if something happens to you. Today, The Law Office Of Trent Linville, PLLC, offers …
Can A Living Trust Keep My Family Out Of Probate? Read More »