CAN A LIVING TRUST KEEP MY FAMILY OUT OF PROBATE?
Many families fear "probate"—the court process that can hold your assets hostage for months. In Tennessee, a typical probate case can take 9 to 12 months and cost an average of $15,000 in fees. A Living Trust is one of the most effective ways to protect your loved ones from this burden.
HOW A TRUST WORKS
Think of a trust as a basket. When you "fund" the trust, you retitle assets (like your home or bank accounts) into the name of the trust. Because the trust—not you personally—technically owns the assets, they don't have to go through probate when you pass away. You still maintain full control as the Trustee during your life.
LIVING TRUST VS. LIVING WILL
These names are similar, but their purposes are entirely different:
Living Trust: Manages your money and property to avoid court and maintain privacy.
Living Will: Outlines your medical wishes (like life support) if you are incapacitated.
The "Safety Net": Most plans include a "Pour-Over Will." This ensures any assets you forgot to put in your trust "pour" into it after you pass, though those specific items may still face probate first.
“Their team blends deep legal knowledge with a personal touch, offering clear, tailored advice and outstanding service.” – Jim
TAKE THE NEXT STEP
In 2026, the best way to avoid the "probate nightmare" is to have a plan that works while you are alive and continues after you're gone.
Call us today to schedule your FREE discovery call.
