Knoxville is quite the active location, one that asks families to participate in a tiring yet satisfying hustle and bustle. However, such a lifestyle manages to overshadow a critical legal concern – Wills.
No matter the age or wealth, a strong will is essential. It is a way for you to ensure that your best interests are carried out, even after death. Largely, it’s an act of love to shoulder some burden away from your family in a difficult time. Worry not! An expert wills and trust attorney is available! Here are the key areas in which this legal expert can help:
Prepare a Last Will and Testament
A last will and testament is the cornerstone of any estate plan. It outlines how your assets will be distributed upon your death, ensuring that your loved ones are provided for and that your wishes are honored. A probate lawyer can help draft a comprehensive will that covers all bases, from appointing guardians for minor children to specifying bequests for family members and friends.
Prepare a Living Will
A living will, also known as an advance directive, is a critical document that specifies your preferences for medical treatment should you become incapacitated. This document can relieve your family from making difficult medical decisions on your behalf during stressful times. Probate lawyers assist in drafting living wills that clearly articulate your wishes regarding life-sustaining treatments, resuscitation efforts, and other critical healthcare decisions.
Open The Estate
When a person passes away, their estate must be formally opened through the probate court. This process involves validating the will, appointing an executor or personal representative, and notifying potential heirs and creditors. Probate lawyers navigate this complex process, ensuring that all legal requirements are met and that the estate is administered efficiently.
Preparing Inventory of Assets
A thorough inventory of the deceased’s assets is essential for the proper administration of the estate. This inventory includes real estate, bank accounts, investments, personal property, and any other valuable items. Probate lawyers help compile and document this inventory, ensuring that all assets are accounted for and accurately valued.
Wills are a sensitive and often difficult concern. It’s not really human to give long thoughts to what happens after we’re gone. However, an expert attorney can help you navigate the realistic concerns, putting down your wishes and desires into a legally enforceable document. So don’t wait. Reach out to an expert lawyer and update your will today!
