Estate Planning Attorney Serving Tennessee

A will is not only about money. It can name who should raise your children and who should handle what you do own. Without one, Tennessee law decides who inherits and who serves as administrator.

A will says who inherits and who should care for your children, and it goes through probate. A revocable living trust can hold a house or accounts so they pass to the people you name without that court process. Many families use both.

Usually, yes. A trust only covers property that was actually transferred into it. A pour-over will catches anything left out and is also where you name a guardian for minor children.

Dale Law Group, PLLC helps the person settling an estate collect what was owned, deal with bills and creditors, and get property to the right people. If a trust exists, the trustee can get the same kind of help. Probate is a court process, and the right path depends on what was owned and how it was titled.

A financial power of attorney names someone to handle accounts and property. An advance directive and living will name who can speak with doctors and what treatment you want. Those documents are used while you are living. A will is not.

Do not transfer the house, or anything else, before the plan is reviewed. Medicaid has a look-back period, and a gift can delay benefits. TennCare rules and the documents already in place decide whether a transfer, a trust, or another step fits.

Review it after a marriage, divorce, birth, death, move, or a large change in what you own. An old plan that names the wrong person, or a trust that was never funded, is a common reason families call.

Dale Law Group, PLLC forms LLCs, corporations, and partnerships and prepares the operating agreement or bylaws that say who owns the business and who decides. Formation alone does not move a house or accounts out of your personal name.