Estate Planning
Planning for Everyone You Love and Everything You Have
Do you know what would happen legally- to you, your loved ones, your money, and everything else you care about ā if something unexpected happened to you?
Suppose you have an estate plan that is out of date. In that case, your assets could go to the Tennessee Department of Unclaimed Property or an unnecessary Court process.
Suppose you don't know exactly what would happen for everyone you love and everything you own. In that case, the first step is to find out exactly what would happen, legally and financially. You can then decide if the current state of your affairs is okay with you.
How Do We Help You With Estate Planning?
We conduct an Estate Planning Session, where we spend time together, and you'll get informed. Before your Estate Planning Session, you will complete a Family Wealth Inventory and Assessment. This assessment will help bring clarity about what you own and the decisions you need to make to plan for the well-being and care of your loved ones and your assets. If you decide the current state of affairs is unacceptable and we both determine that it's a fit to work together, then we can design an estate plan together that will best suit your family's needs.
The foundation of your estate plan will often include a revocable living trust. If so, you will transfer your property into this trust for your benefit during your life. One primary benefit of a revocable living trust is that your estate plan should help your family avoid the cost and delay of probate and minimize or eliminate estate taxes when done correctly and maintained over time.
For those with more complex needs and situations, we provide advanced estate planning solutions. Some of these situations include asset protection, tax planning, and other considerations.
Can I DIY My Estate Plan?
Unfortunately, most plans don't work because much of what passes for estate planning is little more than word processing. You are asked a few questions, and then the software decides which "plan" is right for you and fits you into a template. This approach is little more than a "find and replace" of your family's name and then a hit of the "print" button to spit out form documents- not true Estate Planning.
Estate Planning for Families with Young Children
If you are a family with young children, then your estate plan should begin with a foundation that ensures your children would always be taken care of, no matter what happens. At The Linville Estate Law, one of our areas of expertise is protecting minor children.
We Are Professional Estate Planners
Here at The Linville Estate Law, we educate you, take the time to get to know you, your family, your concerns, your goals and your unique circumstances. We will gladly and patiently answer all of your questions to produce an estate plan that is exactly right for you and will keep your loved one's out of court and out of conflict.
Our Simple 3 Step Process
Schedule A Call
- Book a free 15-minute phone consultation with a member of our Client Services Team for us to learn more about you and your estate planning needs and determine if we can help.
- If we're a good fit to help, we'll schedule you to meet with an attorney on our team for a Life & Legacy Planning Session
- After scheduling, you'll receive and complete an Estate Planning Assessment to help you think through things before your next meeting.
Life and Legacy Planning Session
At this session, we will educate you about estate planning law and what would happen if you died with your current (or no) estate plan in place. We will also determine if there is potential for a good working relationship between you and our firm.
Weāll discuss what you want to happen in all areas in the event of your death and begin to design the plan to give you peace of mind, knowing your family will be taken care of in the ways you want.
Sign Documents & Gain Peace of Mind!
At this meeting, we will:
- Sign the documents that put your estate plan in place.
- Ensure your assets are titled correctly to make your plan work.
- Review your asset spreadsheet.
- Answer any final questions that you have.
- Discuss how to keep your plan up to date with a complimentary review every three years or annually with our VIP membership.
- Celebrate the peace of mind you've gained!