Clarksville Estate Planning Lawyer
Estate planning is not only for the very wealthy. A basic plan is inexpensive and covers all members of the family — you, your spouse and your children. It gives you control over how your assets will be passed to your heirs and guides your loved ones if you become incapacitated by an accident, illness or mental disease.
Every Family Should Have an Estate Plan
Patton | Pittman of Clarksville, Tennessee, provides comprehensive estate planning services for clients throughout Montgomery County and the surrounding counties of Tennessee, including family businesses and military personnel stationed at Fort Campbell. Call today at (931) 361-4477 to arrange a consultation with an experienced estate planning attorney in Clarksville, Tennessee.
Estate Planning Essentials for Tennessee Families
We provide an estate planning package that is detailed to your needs and wishes:
- Simple will allows you to declare who will inherit your estate. If you do not have a will, state law determines how your assets will be distributed.
- Durable power of attorney allows you to appoint a trusted person to handle your affairs when you are incapable of doing so.
- Health care power of attorney allows you to appoint someone to make medical decisions on your behalf.
- Living will allows you to specify life support measures.
- Appointment of guardians and trustees for your minor children
Most of our clients do not have enough assets to worry about triggering state or federal estate taxes. However, we can work with you to establish a family-limited partnership that allows assets to pass directly to heirs without passing through probate. A family-limited partnership is also an effective method of limiting estate tax exposure if your family is concerned about the size of the estate. We are also available to help you establish various types of trusts to manage your assets while you are alive. A trust would allow your loved ones to bypass the hassle of probate down the road.
Our estate planning lawyers work closely with a network of professionals, such as certified public accountants (CPAs) and financial advisers to ensure your estate plan achieves your financial needs.
It's Never Too Soon to Start Planning for the Future
If you recently got married or had a child, then it is certainly time to sit down with an attorney and consider your estate planning options. You do not need to be near retirement to consider estate planning. Tragedy can strike at any age, and having these protections in place gives you peace of mind that your wishes will be honored and your family will be taken care of if something should happen to you.
Estate Planning for Military Families
Military personnel are often provided generic estate planning documentation to complete by their employer. However, these generic military wills are not tailored to the laws of a specific state and frequently can cause problems for family members if these estate planning documents are ever needed in the future. It is important for military personnel to consult an experienced estate planning lawyer to ensure the estate plan complies with state requirements and is tailored to their specific needs. Your life is not like everyone else's — why should your estate plan be?
Contact Our Living Wills and Trusts Attorneys in Montgomery County
Our law firm has experience guiding families throughout Tennessee in estate planning, probate and estate administration. Let us handle this burden during your time of need. Call our Clarksville office at (931) 361-4477. You can also contact us online to schedule a free initial consultation.