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Estate Planning for Young Families

Many young families put off estate planning because they are young and healthy, or because they don't think they can afford it. But even a healthy, young adult can be taken suddenly by an accident or illness. And while none of us expects to die while our family is young, planning for the possibility is prudent and responsible. Also, estate planning does not have to be expensive; a young family can start with the essential legal documents and term life insurance, then update and upgrade as their financial situation improves. A good estate plan for a young family will include the following: Naming an Administrator This person will be responsible for handling final financial affairs--locati

Estate Planning Basics for Newlyweds – How to Get Prepared for the Unexpected

Why should newlyweds care about estate planning? Because everyone - young or old, married or single - needs to protect themselves and those they love. Unfortunately, many couples spend more time planning their honeymoon than they do planning the best way to protect each other. What Happens Without an Estate Plan? This fallout of becoming incapacitated or dying without an estate plan is serious, expensive, and painful. It often causes financial ruin and family discord, lasting for generations. (i.e. Terry Schiavo, Marilyn Monroe, Marlon Brando, Sonny Bono, Michael Jackson, Jimi Hendrix, just to name a few) Without an estate plan: You will leave your spouse and the rest of your family

Make an Achievable 2015 New Year’s Resolution – Get an Estate Plan Checkup!

With 2015 right around the corner, it's time to start thinking about your new year's resolutions. It doesn't matter whether you have an estate plan or don't, one important item to add to your list is getting an estate plan checkup. Don't Have an Estate Plan? If you don't already have an estate plan, then getting one in place should be at the top of your 2015 new year's resolutions. Why? Because without an estate plan, you and your property may end up in a court-supervised guardianship if you become incapacitated, and your property and your loved ones may end up in probate court after you die. Worse yet, if you don't take the time to make your own will, then the state where you live

Heritage Law Group, PLLC

1526 Hunt Club Boulevard, Suite 550

Gallatin, Tennessee 37066

Phone: (615) 989-7054

Fax: (615) 751-5208

info@planyourlegacy.com

Monday-Friday, 8:00AM-4:30PM

Visiting this site does not create an attorney-client relationship with Heritage Law Group, PLLC. Tennessee law requires notification that this is an advertisement and this website is not intended to provide legal advice. If you are seeking legal advice, you must seek it by speaking directly to a licensed attorney. While our firm welcomes feedback, we cannot accept a new legal matter without making sure there is no conflict of interest with other client matters in which we are already involved and there is no other conflict of interest that might prevent us from representing you. Unless otherwise noted, all Heritage Law Group, PLLC attorneys are generally licensed to practice law in the State of Tennessee. Attorney Jacob Mason is also licensed to practice law in the State of Kentucky. Every situation is unique and you should not act on information contained in this website without seeking advice from a legal professional specific to your particular situation. 

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