Trust Legal Services Franklin, TN

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Protect and Pass on Your Assets

A trust lets you control your assets and what happens if you pass away or are incapacitated. While a will establishes guidelines for distributing assets, a trust enables families to avoid the probate process, which is often time-consuming and costly. 

Get dedicated guidance during the drafting process by working with a law firm. Crow Estate Planning & Probate has a team of trust attorneys in Franklin, TN, focusing on this legal area. Our focus enables us to deliver the support you need as you navigate the complexities of establishing and managing this legal arrangement. 

Why Create a Trust?

Trusts are a flexible way to manage your money and meet goals. They provide numerous advantages, including:

  • Avoiding probate: The probate process is long and costly, especially for individuals who hold property in several states. Trusts enable you to establish your wishes and avoid court proceedings.
  • Protecting from taxes: Certain types of estate funds bring tax advantages and may even protect you from creditors. 
  • Transferring assets privately: If you possess significant assets, you may want to avoid public record. You can keep the details between you and the recipients with this legal arrangement. 

The Most Common Trust Types

Trusts come in many varieties to suit how people want to distribute their assets. Here are a few of the most common.

Revocable Living Trust

People mainly use revocable living trusts, which enable them to make changes as needed throughout their lifetime. It’s a flexible way to protect your assets. 

Irrevocable Trust

Irrevocable Trust arrangements can’t be changed, even by the people who created them. They are most useful for minimizing estate taxes, protecting assets from creditors, or gaining government benefits.

Charitable Remainder Trust

This irrevocable trust lets you continue to draw funds during your lifetime. After death, the remainder of the money goes to a charitable organization of your choice. 

Special Needs Trust

A special needs trust enables the one who receives the funds to maintain eligibility for Medicaid and Supplemental Security Income (SSI). It still allows an individual with special needs to access support without the assets counting toward their income. 

Tennessee Investment Service Trust (TIST)

A TIST is a special trust type for those who reside in Tennessee. It helps you protect assets from creditors while enabling you to control the fund contents. 

How We Help With Trust Establishment

Our attorneys offer the professional guidance and personalized planning you need for establishing trusts in Franklin, TN. At Crow Estate Planning & Probate, we educate you about your financial options and discuss trust options in detail to ensure they align with your needs and goals. 

Our main advantage comes from our specific focus. We primarily handle estate planning and probate, so we have extensive experience creating trusts and know the many options and their unique benefits. By turning to us, you can avoid probate and provide for your loved ones. 

Our team also knows which assets are most beneficial to put in a trust. For example, bank accounts, investments, and personal property are safe and won’t cause financial issues later. Other items, like vehicles or retirement accounts, have unique characteristics that make them less beneficial for a trust. 

Contact Our Trust Lawyers in Franklin, TN

We help you draft a strong estate plan, including safeguarding your assets with a trust. Our team understands local regulations and your particular challenges, enabling us to give tailored advice. Get in touch for trust services in Franklin, TN.

Contact Us (615) 996-1400
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    Hear From Our Clients

    Phillip Traylor

    All the folks at Crow Estate Planning are super helpful and ready to assist in any way they can. I felt very comfortable and appreciated the knowledge and wisdom they provided in making important decisions.

    Olivia

    Wessley was great. He answered all of our questions and took great care of 2 generations in my family. The turn around for completion was quicker than I thought. When we have needs in the future we will return to Crowe estate planning for assistance.

    Raymond Stevens

    Very pleasant experience. Staff very friendly and professional.

    RoadhogRNA

    Excellent Firm to do Business with.

    Chelsey Brooke Cole

    Excellent service! Very nice, professional, and thorough. Highly recommend!

    Greg Anderson

    My wife and I needed to get our will in order. Kyle Shannon and his team were very professional and knowledgeable about our requirements. Our needs were met in a timely manner. We highly recommend this office.

    Laura Shortt

    John took time during our consultation to answer all our questions and provide us with information to help us make the best decisions. His office was responsive and flexible scheduling and rescheduling appointments for us and ensuring we had all we need to move from step to step.

    Sean Grimes

    Mr.Crow is a very trustworthy attorney that you can count on to gives you great advise, and direction to make the best decision for you

    C.Lanette Brant

    Very attentive. Made sure to clearly understand my needs and expectations for setting up my trust.

    Barbie Lynch

    Mr. Shannon, there are no words to express my gratitude and appreciation for your professionalism, knowledge of law, and always having a direct and concise answer to any and all of my questions. You and your team did not fail me. You are truly a credit to your profession. Your mannerisms were beyond expectations! On a side notethe office building added a tint of charm to the time period. I was truly impressed! Thank you so much for your assistance and I wish you the best as you move forward through your law career.

    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
    Franklin

    321 Billingsly Court Suite 20, Franklin, TN 37067

    (615) 996-1400
    Hopkinsville

    203 E 9th St,
    Hopkinsville, KY, 42240

    270-569-0006
    Springfield

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

    615-914-2184