Trusts Springfield, TN

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A lot goes into making sure you and your loved ones are ready for the future. Without adequate preparation, when you pass, your loved ones could be facing more than just grief. Not having important documents completed, like a last will and testament, can make the process of receiving their inheritance more challenging.

While creating a will is often at the top of an individual’s list when thinking about preparing for the future, a trust can also guide how assets will be distributed. Crow Estate Planning & Probate is here to walk you through the process and ensure you and your family avoid the costly, time-consuming probate process.

Trust Creation in Springfield, TN

A trust is a financial tool that allows you to set some of your money aside for a third party to manage it on behalf of another party. There are several individuals involved in the creation and management of a trust, including: 

  • Grantor: This is the individual who creates the trust.
  • Trustee: The trustee refers to the third party that manages the trust.
  • Beneficiary: The beneficiary is a person or people who will receive the trust. Depending on how the trust is set up, it can also be an entity. 

Depending on your needs and goals, there are several different kinds of trusts that you can create:

  • Revocable living trusts
  • Irrevocable living trusts
  • Trusts for children
  • Asset protection trusts
  • Special needs trusts
  • Gun trusts
  • Community property trusts
  • Tennessee investment service trusts
  • Spousal lifetime access trusts
  • Irrevocable life insurance trusts
  • Intentionally defective grantor trusts

Trusts even offer the benefit of being either:

  • Revocable: This trust is flexible, allowing the grantor to make changes to the terms at any point during their lifetime. 
  • Irrevocable: With an irrevocable trust, any changes will need to be approved by the court and/or the beneficiaries’ consent. While it is less flexible, it ensures the trust assets are protected from estate taxes and some creditors. 

No matter which type you decide is right for you, you can feel confident knowing you can place tangible property, investments, and bank accounts in a trust and know it will be safe.

Trusts will also help you and your loved ones skip the probate process, which is a court-supervised proceeding that occurs when an individual dies without a last will and testament. A trust can avoid this because the assets and beneficiaries are listed, and everything is passed directly to the beneficiaries after the grantor’s death. 

Our Estate Planning Services

At Crow Estate Planning & Probate, we are here to guide you through the estate planning process and provide you with the peace of mind of knowing that you, your family and your future generations will be ready for the future. When you pass, your assets will be distributed exactly as you intended and laid out in the trust.

In Springfield, Tennessee, the most commonly used trusts are revocable and irrevocable. While both types of trusts allow your family to avoid the probate process, a revocable trust allows the grantor to make any amendments or changes to the trust as they deem necessary. Meanwhile, an irrevocable trust won’t be able to be altered. In other words, once you create it, the assets can’t be removed.

If you are interested in establishing a trust, our law firm can help you get started and ensure all details are exactly as you intended. We’ll do what it takes to ensure your assets are protected for your heirs and beneficiaries. Once you create your trust, you can experience peace of mind knowing it won’t be subjected to probate and the terms will remain private. 

Why Work With Our Trust Lawyers in Springfield, TN

No matter your needs, our trust lawyers take pride in delivering personalized service tailored to you. You’ll have access to a law firm that specializes in estate and business planning, so you can expect top-quality results. In everything we do, we offer sound legal advice so you can make the best choices for you and your family. 

Meet our team of experienced attorneys based in Tennessee and Kentucky, dedicated to guiding you through the complexities of estate planning and probate matters with expertise and compassion, ensuring the security of your family’s future and peace of mind. You can also expect open communication throughout the entire process with our transparent billing and flat rates fees so you can know exactly what to expect upfront.

Schedule a Free Consultation to Learn About Our Estate Planning Services

Work With Our Experienced Attorneys Today

If you believe a trust is right for you and your family, our lawyers at Crow Estate Planning & Probate can help you get started. We offer free consultations so you can ask any questions and explore your legal options before getting started. Get started today by giving us a call at 629-280-3330 or by filling out our online contact form to get started.

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    Hear From Our Clients

    Marshall P

    Mr Crow and his staff are amazing! Especially the person assigned to my account, so a special thank you to Callie! Callie answered all of my questions and set expectations during a very confusing time in my life. Mr Crow and his team worked diligently with my specific situation and were very results driven. I would recommend Crow Estate Planning and Probate to anyone looking for an estate or probate attorney.

    Benny H

    Today my wife and I completed (at Crow Estate Planning and Probate) our Will, Living Will, Power of Attorney for Finance and Medical. As a Tennessee CPA for over 20 years (now retired), I’d like to leave this review so that others may benefit. Our experience rating with with Crow Estate Planning and Probate is EXCELLENT. Our legal team was Kyle Shannon, Callie and Julia. This team was competent, courteous, and professional. They made a potentially complex experience “easy” despite multiple minor trusts involved. The charge for professional services rendered was very reasonable. My wife (Denise) and I would like to thank Kyle and his team (Callie and Julia) for a great experience that exceeded our expectations. I will return for legal needs and I will refer family and others to Kyle, Callie and Julia.

    Vic H

    I’m very grateful to Mr. Shannon and Callie for the great job they did taking care of my muniment of title. Everyone in Mr. Shannon’s office was exceedingly kind and helpful.

    Lisa M

    They are caring, very helpful and not too expensive. I would recommend them to anyone that wants to plan for their future death and their children.

    Ken A

    Crow Estate Planning was caring, professional and took great care of our family. John personally prepared my mother’s estate and completed her final wishes. Their staff was always friendly and eager to assist. Our family strongly recommends John and Crow Estate Planning

    Amanda H

    Mr. Crow and his staff were very knowledgeable, prompt and pleasant to work with in the estate planning process. Very satisfied clients and highly recommend!

    Nick D

    Working with Kyle Shannon and Brittney Stewart to setup our Living Trust was nothing short than amazing! Very informative, very responsive, and made the whole process easy to complete.

    Todd K

    It was an absolute pleasure to work with Kyle establishing my Estate planning needs. Kyle was very thorough and knowledgeable. Kyle’s understanding and professionalism made for a simple and smooth process. Highly recommended!

    George D

    Be far the best estate planning firm in Clarksville.

    Marc M

    Warmly greeted. Attorney was very attentive to our needs. Reasonable fees.

    Our Locations

    Clarksville

    512 Madison St Suite A, Clarksville, TN 37040

    931-218-7800
    Nashville

    1503 16th Ave S,
    Nashville, TN 37212

    615-558-8002
    Hopkinsville

    203 E 9th St,
    Hopkinsville, KY, 42240

    270-569-0006
    Springfield

    719 S Main St Suite 110, Springfield, TN, 37172

    (629) 280-3330