Estate Planning Lawyer in Jackson
Drafting Cohesive Wills & Trusts
Are you looking for a Jackson estate planning attorney who can assist you with your estate plan? Whether you need to start from scratch or modify your existing plan, our team at Casey, Simmons & Bryant, PLLC, can help. Planning for the future possibility of debilitating illness or the inevitability of death can seem morbid. Many of our clients simply want to ensure they have the proper tools in place before it is too late, regardless of their age, assets, or health condition. Likewise, if a loved one has passed, you must take action to protect his or her wishes and your legal rights. Our Jackson probate attorneys can help you navigate the difficult process of probating a will.
We can assist you with a wide range of estate planning matters, such as:
- Power of attorney
- Special needs
- Estate administration
Why Do You Need a Will?
Many people mistakenly believe that they don’t need to establish a will until later in life. However, a will is for more than just the ill or elderly. Although it can feel a bit grim to consider why you may need a will, it is extremely important to take action to preserve your assets and secure a stable future for your family. Nobody plans for tragedy to strike, and if it does, you need to be prepared.
Creating a will is about more than just divvying up your possessions, it’s about securing your assets for your family, preserving their futures, and ensuring that your wishes are carried out after you’re gone. If you are wondering whether or not you need a will, consider the following:
A Will Can Provide for Your Family
You don’t need to be extremely wealthy to find value in creating a will or estate plan. Even a modest savings or income can be extremely valuable to your family after you’re gone. Also, any life insurance policies or other benefits programs you have could help your loved ones with funeral fees and other necessary expenses. However, if you do not have a legally binding will, your assets might not go to the family members you wish.
A Will Can Protect Your Children
Not only does a will serve to protect your possessions, it can also be used to determine who has the authority to care for your children. If something were to happen to you and your child’s other parent, your will can give your person of choice the authority to serve as your child’s legal guardian in your stead. If you do not declare a guardian for your child and something does happen to you, the court will choose a caretaker instead. In most cases, this means your child will go to their closest relative.
A Will Preserves Your Wishes
Most people have a distinct idea of how they want their assets handled, even after they’re gone. For this reason, having a will to preserve your decisions is particularly important. With a will, you can choose who receives your house, your vehicles, as well as any other important possessions, like heirlooms or valuable trinkets. If you want your daughter to receive your jewelry, for example, you can say so in your will, ensuring that those important assets go to your intended recipient.
Without a will, state law will take over and a judge will divide your assets however he or she sees fit. If you have a spouse or children, your wealth and possessions will likely fall to them. However, these decisions could be contested by other relatives who also believe they should have a share of your assets. In order to prevent your estate from going into probate, which can be complex, stressful, and time-consuming, make sure you establish a will and estate plan as soon as possible.
Navigating Complex Estate Plans
The main purpose of an estate plan is to illustrate to your family, friends, and any probate court that you have determined exactly how you would like your affairs handled in the event of sudden illness or death. Every estate plan should have the same basic components, but some situations may call for intelligent planning.
We have represented a variety of clients - who have simple estate plans for very modest assets to high-asset individuals with more complex circumstances. Our Jackson estate planning attorneys can work with you to make sure your estate plan is thorough and complete.
Representing Probate & Estate Administration
The probate process is complex, but can be much more easily navigated with an estate plan in place. Our firm can work with your family or heirs to cut down on any stress involved with the probate process. In your estate plan, you will have us draft probate documents and name a personal representative or executor. During probate, the person named will be trusted to ensure your final wishes are carried out.
To set up an appointment with a Jackson estate planning lawyer, call us today!