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Estate Planning
We know you can never be too prepared, and our legal team at Vance Law Office, PLLC, can help you with comprehensive estate planning.
Experienced Estate Planning Attorneys
Estate planning is an all-encompassing plan to help wrap up all the financial, legal, and personal matters you and your family will face when it comes to the end of someone’s life. At Vance Law Office, PLLC, we can help you organize things so your, or your family member’s, final wishes are respected, your assets are distributed properly, and your family is treated with respect and dignity.
Wills, Power of Attorney and Healthcare Power of Attorney
Common estate planning tools are used to prepare you and your loved ones for the inevitable. Ms. Vance and her staff have extensive experience assisting with estate planning, providing peace of mind for clients during times of uncertainty. You’ll be able to rest easy, knowing that we’ve taken care of everything needed when it comes to estate planning.
What We Do as Your Estate Planning Attorneys
- Conduct an in-depth initial consultation to understand your final wishes, financial situation, family dynamics, and estate planning goals.
- Help you assess all your assets, including real estate, investments, retirement accounts, and personal property, to determine the value of your estate.
- Draft a comprehensive last will and testament that specifies the distribution of assets, appoints an executor, and addresses guardianship for minor children if applicable.
- Draft your advance directives, including a durable power of attorney for financial matters and a healthcare proxy or living will to make decisions in case you’re incapacitated.
- Decide on, review, and update the beneficiary designations on life insurance policies, retirement accounts, and other financial instruments to ensure they align with the estate plan.
- Provide guidance on appointing guardians for minor children and establishing conservatorships for individuals with special needs or incapacities.
- Can be hired to regularly review and update the estate plan to reflect changes in financial circumstances, family structure, or tax laws.
- Assist with the probate process or estate administration to make sure there is a smooth transfer of assets and fulfillment of your wishes after you pass away.
Ask An Attorney About: Estate Planning
What is estate planning?
Estate planning is the process of preparing for how you will leave your assets after you pass away, how your medical and funeral wishes will be carried out, setting up guardianship for any children, and the management of your affairs after your passing. It can include a will, power of attorney, and probate services.
What documents will you help me with for estate planning?
An estate plan often includes last will and testament, a living will or advance directive, a power of attorney, and may also include trusts, beneficiary designations, and other documents based on individual circumstances. We will work with you to make sure your estate plan matches your exact wishes, and covers your exact assets.
What happens if someone dies without an estate plan in Tennessee?
If someone dies without doing any estate planning, their assets, final wishes, and other considerations will be handled based on Tennessee’s laws of intestate succession. Typically this means there will be a division of assets among surviving spouses, children, and other close relatives, but this will have to be handled in probate court.
Can I change my estate plan?
Yes, it is actually a great idea to change your estate plan as your life changes. If you have a shift in financial circumstances, or change your mind about how you’d previously decided to do things, we at Vance Law Office, PLLC, can work with you to make sure the changes you want are properly included in your estate plan.
Related Services
Will Preparation
The legal team at Vance Law Office, PLLC can help you with the sensitive tasks involved in preparation.
Power of Attorney
Vance Law Office, PLLC, can help you draft a comprehensive, legally sound power of attorney, making sure you are legally safe and covered, no matter what happens.