Estate planning is a vital need for everyone. When we die, our assets need to be passed to beneficiaries in an orderly manner. While the law has a plan for those who die intestate, it may not be ideal for each and every person. This can lead to family fights as heirlooms are divided and other assets distributed. It can also lead to fights if there are tax issues or liens on the estate that need to be settled. By working with an experienced Tennessee Estate Planning Attorney, you can be sure that your family can avoid the fights that come with dividing an estate.
Some areas that a lawyer can help with include:
Since every person’s situation is different, there is not a single “right” way to divide assets or to set up your estate to minimize your tax obligations. Instead, that will need to be mapped out with a Tennessee Estate Planning Attorney who will examine your situation to determine the best course of action. By identifying goals and the proper strategies to achieve them, you can be sure that your beneficiaries are properly taken care of after your death.
Our clients are business owners, professionals and individuals in Blount County, Knox County and throughout eastern Tennessee. Burkhalter & Burkhalter also advises clients nationwide on tax law matters. We value a long-term, ongoing relationship with our clients, helping them meet new challenges as their businesses grow and personal circumstances change.