Henderson Estate Planning Lawyer Serves Chester County

Accomplished law firm delivers knowledgeable guidance to Tennesseans 

Having a comprehensive estate plan is important for protecting your assets and providing for your family. At Parham Estate Law in Henderson, Tennessee, I advise clients throughout Chester County on the full range of estate planning matters. My law firm has decades of experience establishing comprehensive and effective estate plans to meet the needs of my clients. Whether you want a will or trust prepared, require help with a guardianship or have concerns regarding estate taxes or asset protection strategies, I will assess your situation to develop a plan that best meets your goals. 

Dedicated attorney drafts personalized wills that can stand up to contests 

A valid will is a vital part of your estate plan. It lets you put in writing your choices for who should get your assets after you die. Without a will, your property may go to people you do not wish to inherit it. As an experienced estate planning lawyer, I am skilled at drafting wills that are clear in their directions and that can withstand legal challenges. I will help you prepare a will that is personalized and enforceable. 

Capable legal counselor sets up living trusts and other trust arrangements

Trusts are legal instruments that can be highly efficient in managing and distributing assets. Whether revocable or irrevocable, trusts can achieve a variety of estate planning purposes. One of the most popular types is the living trust, which allows you to manage your assets during your lifetime and bypasses probate upon your death, thus saving your loved ones time and money. Some other types are special needs trusts, generation-skipping trusts and credit-shelter trusts. I can help you determine which type of trust may provide benefits in your particular circumstances. 

Well-versed law firm addresses estate tax liability concerns

Tennessee does not have an inheritance tax. However, the federal government and several other states do. Most estates are not subject to federal estate tax because of the current high exemption. Whether or not yours will be exempt depends on the future value of your estate and other factors. You may also be subject to state tax liability if you own property in a state with an estate tax. If estate taxes are a concern, I can suggest strategies that may serve to minimize or eliminate your tax liability.

Diligent counselor develops strategies for safeguarding assets 

My primary objective as your attorney is preparing a thorough estate plan that protects and manages your wealth. If you are a business owner, you need a tailored plan that includes provisions for who will inherit or control the business when you pass. I have extensive experience advising business owners about effective asset protection strategies. You can rely on me to help you build a comprehensive plan that addresses your unique needs and goals. 

Contact an effective Henderson, Tennessee estate planning attorney for help 

Parham Estate Law in Henderson addresses the estate planning needs of clients throughout Chester County, Tennessee. Call 901-602-3361 or contact me online to schedule a consultation.