Everyone Should Have A Simple Will

At Goble & Yow, PLLC in Clarksville, we caution that everyone should consider executing a will. It is the most basic estate planning tool. If you have children or own a home or other property, a will can protect the things you hold most dear. It can also help eliminate stress for and disagreements between family members by providing clear directions. Our lawyers can help you draft one that is comprehensive and succinct so that it is upheld.

Your Will Is Your Voice During Probate

Every estate will go through probate in Tennessee. This is the process in which your will is validated so that assets can be distributed after death. A will acts as your voice, telling the probate court how you want decisions to be made. Without a will, the court is forced to follow strict intestacy laws and make assumptions based on available evidence.

A will gives you control to:

  • Denote specific gifts to beneficiaries: You can make sure that specific beneficiaries receive specific property. You can name your daughter to get grandma's antique ring or grandson to receive the car he spent summers building with his grandfather.
  • Name friends and charitable organizations: Intestacy laws outline a strict chain of descent distribution. These do not include friends or charities. When no familial relations are available, ownership of your property reverts to the state.
  • Designate guardians for minor children or disabled adults: You can choose someone you believe will raise your children in the best way possible. You can also ask the prospective guardians if they are willing and able to accept the responsibility.
  • Appoint an executor: The executor of your estate needs to be someone you trust, and you can name a particular individual for this task in your will.
  • Make exclusions: Family is complicated, and there are situations in which you may not trust someone with money or want him or her to inherit property. While there are strict rules you should follow, a will allows you to make it clear that certain people should not inherit property or obtain guardianship of your children.
  • Provide funeral and burial direction: You can tell your family what is important to you instead of making it guess. You can also set aside funds so that your family does not have to worry about them.

Create A Plan That Fits Your Needs | Free Initial Consultations

A will is not the only estate planning tool you should consider. We encourage you to schedule a free initial consultation to discuss your current estate plans with an attorney. You can reach our law firm at 931-266-4763. You can also send us an email, and we will contact you.