Estate Planning Basics: A New Series for West Tennessee Families

Most people know they should have an estate plan, and most people keep meaning to get around to it. Part of what holds people back is not knowing where to start, or what all the documents even are.

So we are starting a new series. Each week, we will take one piece of a good estate plan and explain it in plain English: what it is, what it does, and why it matters for your family.

Here is what's coming

• Wills. Who gets what, who is in charge, and who would raise your children.

• Durable power of attorney. Who can handle your money and business if you can't.

• Health care documents. Who speaks for you with doctors, and what you would want.

• Beneficiary designations. The accounts that skip your will entirely, and why that matters.

• Dying without a will. What really happens when there is no plan.

• Online will kits and form websites. Why the quick, low-cost option may cost your family more in the end.

• Trusts. Who actually needs one, and who doesn't.

• Keeping your plan current. The life changes that mean it's time for a review.

Stay tuned

You may have heard some of these terms before and wondered what they really mean. Over the coming weeks, we will find out together. First up next week: the will, and the one thing many people don't realize it can't do.

Live well, love well, leave well

Hill Law helps families in Jackson, Madison County, and the surrounding rural counties of West Tennessee put clear, practical plans in place. If you would rather not wait for the series, call us at (731) 423-3305.

This post is general information and is not legal advice about your specific situation. Reading it does not create an attorney-client relationship.