J. Terry Laws, Attorney, LLC
8 Whitsett Street
Greenville, SC 29601
Phone: 864-370-9040
Fax: 864-370-1281
Email: terrylaws@jtlawsfirm.net

Hours of Operation:
Monday-Friday 9:00am-5:00pm

Basic Estate Planning

Each of us, regardless of net worth, should consider creating an estate plan as necessity. Planning for the disbursement or your assets after your death can never be done too early in life, though many people put off the responsibility until a health scare or other event causes them to take action. While you may plan your own estate matters with the best of intentions, estate planning is very much a legal and involved process which should be left to an attorney practiced in that area of law.

An attorney proficient in estate planning matters will ask you all the questions necessary to get a total picture of your assets and liabilities, how you desire to distribute them, and advise you on the best way to accomplish your wishes. Your attorney will also talk with you about the need for a Durable Business Power of Attorney and a Medical Power of Attorney, as well as whether you desire a Living Will under the state death with dignity statute, and who you would wish to make decisions on your behalf when you are no longer able to do so yourself. This advanced planning for the day when you need someone to act on your behalf is critical because once you aren't mentally responsible, you can't then execute the documents that your family needs to take care of you.

He will work with you to create a Last Will and Testament, or one of several types of trusts, to specifically spell out how you want your assets disbursed upon your death including assets that you want to give through your will, or those assets that you want to by-pass probate, and he will work with you to create a plan for asset protection in the meantime. Having a will in place will make the handling of any probate matters a simpler process, saving your family members additional stress during a time they will be dealing with your death.

Each family is different in how they want their estate needs, and your attorney will be there to listen and help figure out the best way to serve the needs of you and your family. For more information on wills, trusts and estates, click here.