Create a Proper Estate Plan with a Franklin Lawyer
At the Law Office of Paul, I can help you draft a proper estate plan that best reflects your needs. An estate plan is a created to help you plan for your death and instances in which you become incapacitated. It is also a useful tool in protecting your family and valuable assets. By speaking with a qualified attorney, you can get starting in creating an estate plan that makes you feel more at ease in knowing that your family and estate are protected. With over ten years of experience handling the legal needs of my clients, I can provide you with the counsel you need to prepare for your future.
Components of an Estate Plan
When discussing your estate planning needs with a Franklin TN lawyer, you can discover the important components found within an estate plan. These components include the following:
Trust: This holds valuable assets for the benefit of another. By transferring your property into a trust, you can help your family avoid probate, while also keeping their inheritance safe.
Will: Also known as a last will and testament, this specifies how you want your estate distributed upon your death. You are also given the option to specify a guardian for your minor children.
Power of Attorney: Allows you to appoint an individual to act on your behalf if you are unable to or unwilling to make important decisions for yourself.
Advance Health Care Directive: Allows you to provide your exact health care wishes if you become incapacitated and cannot represent yourself. This includes your request in whether or not you want to donate your organs, to the name of the physician you want to take care of you.
Benefits of an Estate Plan
The countless benefits of creating a properly-drafted estate plan include, but are not limited to:
- Providing you with a sense of ease in knowing that your family and assets are well-protected
- Appointing a guardian for your minor child if you become incapacitated or pass away
- Making sure that your wishes are followed once you pass away
- Helping your loved ones avoid probate or minimizing the costs involved
- Protecting you if you become disabled or incapacitated
- Having your affairs in order upon your time of death
Discuss your estate planning needs with a Franklin TN lawyer!
As an experienced attorney, I am determined to getting you started in the right direction towards preparing for your future and creating an estate plan that best caters to your specific needs. I can evaluate your specific needs and help you reflect them into a plan most suitable for you. There is no time to waste when it comes to protecting your loved ones and hard-earned assets. Contact Attorney Paul Kraft to get started!