Get Caring, Detail-Oriented Help Navigating the Complexities of Estate Planning, Wills, and Trusts.
Preston Wilson is a friendly, organized, and down-to-earth estate planning attorney in Memphis, TN. He can guide you through even the toughest decisions and help make planning your estate more pleasant and productive for you and your beneficiaries – if you choose to involve them.
Why Choose Preston Wilson as Your Estate Planning Attorney in Memphis, TN?
Because he cares.
Your Estate Planning Attorney
Preston Wilson
Estate planning is important to everyone, single or married and with or without children. Having a plan in place helps you have the peace that comes from knowing your personal, health care, and financial decisions are well-established.
Preston Wilson is a dedicated attorney. He cares greatly about each client and believes that every case is different. Just filling in the blanks is not an option to him. Instead, Preston works closely with his clients. His one-on-one approach helps him understand your unique concerns and goals. The result is a customized plan you’ll feel comfortable with.
The purpose of estate planning is to protect yourself and your family. It is how to put your affairs in order. You get to manage the assets you are leaving behind, maximizing the wealth and eliminating potential estate tax burdens.
If you don’t have a plan in place, the state of Tennessee’s plan and the Probate Court will control what happens to your estate.
Careful estate planning through wills, trusts, powers of attorney and living wills can prevent a number of issues. When everything is properly planned, you will be able to protect your assets.
- Avoid uncertainties that can cause conflict in your family.
- Distribute your assets accurately.
- Be confident that your healthcare wishes are respected.
My Most Recent Estate Planning Updates
Living Together without Marriage? You Should Ask a Lawyer – Here’s Why
So you're living together without marriage, aka "Cohabitation” or “Without the benefit of clergy” "Yes, but We are in LOVE!”, you say. “He (or she) would never do that to me!” Right. Well, if you like excitement and suspense, sure - don’t marry him (or her) but own...
When to Plan Your Estate
Misconceptions make it difficult to know when to plan your estate. This causes some to put off estate planning for as long as they think they can. Misconceptions lead to mistakes. Here’s another misperception about estate planning - thinking its sole purpose is to...
The Best Use of Your Assets
I highly recommend that you read some of the wise words from wise man Chris Mercer about what is the best use of your assets. He gives shares some useful insight on special dividends in this post. If you’ve worked to create those profits and retained earnings, it’s...
The Importance of Trusts to Your Estate Planning
Use trusts to help your family avoid probate. It protects their privacy and yours. And trusts free up your trustee to distribute your assets without having to get court approval first.
There are several advantages to using trusts in estate planning, especially a living trust. A living trust is created when you are alive and you can change it at any time as long as you remain mentally competent. You control any property in the trust, so you are able to buy, sell or give your property during your lifetime. After you are gone, your family can avoid probate, which can be time consuming and sometimes expensive. In addition, a trust provides your family with added privacy – its terms remain private, unlike those of a will that become public once it’s probated. Finally, your trustee will be able to distribute your assets without having to get court approval, which is less stressful during difficult times.
Top Trust and Estate Planning Benefits
Provide for Your Family
The ability to take care of your loved ones even after you’re gone is a top benefit of estate planning. You can prevent financial burdens and help secure their future. Estate planning brings you and yours more peace of mind.
Support Your Favorite Charitable Causes
Further the missions you believe in by setting up a contribution to the causes you care about. It’s a way to continue to make a difference and touch the lives of others. Your gift matters, regardless of size. Let Preston help ensure it’s given as you wish.
Keep Your Business Running
Estate plans are a must-have for small business owners who don’t want their businesses to crumble if something happens to them. If you’re a Memphis resident who own a business, let Preston Wilson help you with protecting it for the sake of its stakeholders.
Choose Preston Wilson as your estate planning attorney in Memphis, TN.
Parents’ number one priority in life should be their children. The best focus on raising their offspring to be contributing members of society. They help them achieve success emotionally, financially, and spiritually. What happens if you’re not around? Who will take over for you?
A carefully laid out estate plan can name the guardians who will raise your children. It can provide your children with a nest egg and instructions for using it. You can setup a steady monthly income for your loved ones, or distributions for specific milestone ages when they are responsible enough to manage their assets wisely. Even if you want something in between, I can help.
