As we all know, life is busy and items that are not a top priority usually get put on the back burner. Unfortunately, a lot of times, this means that your estate legal planning for your family and loved ones gets put into this category. All too frequently, taking care of these important legal matters stay here until a family emergency or tragedy takes place. It is a very common scenario where a family member will have a serious accident or, tragically, pass away in an accident or as a result of an unplanned and unforeseen illness.
This is when the family will contact us wanting to discuss their estate planning concerns, and unfortunately, we have to tell the family members that they have waited too long. In the case of an accident or illness, we explain to the family that we will have to go to court and have the selected family member named as a guardian over the person. Or, in the case where the family member has passed away, we tell the surviving family members that we will have to go through the probate court process to settle the estate of their family member. In addition, in this scenario, we tell the family it could last any where from six months to two years or more before everything is finished.
For the reasons we explained above, getting your estate legal affairs in order is something that should not be put on the back burner. In addition, getting your Revocable Trust, Will, Power of Attorneys, and Living Will is a lot easier than you might think. The simplest way to get started is to come to one of our free seminars that are held throughout the greater Nashville area each and every month. At our monthly free seminar you will receive a variety of valuable information including:
- What is probate
- Why probate is so bad and the importance of avoiding probate
- What trusts are and why trusts are so popular for so many families
- What is nursing home poverty and the legal strategies that you can put in place to prevent losing your assets to future nursing home care
When we speak with our clients following the final signing of their important estate legal documents, our clients tell us that this was much easier and quicker to set up than we original thought. Our clients will tell us that we explained things to them in a simple way that was easy to understand, all our questions were answered, and everything was set up much faster that I ever thought it would have been.