Estate planning is wise for anyone who owns an interest in real or personal property, a business, investments, or retirement accounts. Contact an attorney at Hensley Law Office in Flatwoods, KY, to review your options for distributing your property. The firm’s lawyers offer estate planning services to give clients peace of mind about their property distribution.

A will and a trust are two essential estate planning tools. When individuals die without a will, it is called dying intestate. In such cases, Kentucky intestate succession laws will dictate who receives the deceased individual’s property. Working with an attorney to draft and execute a will allows you to control how, when, to whom, and how much property will be given away after your death.

Estate plans often include a trust. There are a variety of trust arrangements with different benefits, but the two basic types are irrevocable and revocable trusts. An irrevocable trust gives control of the trust assets to a trustee other than the trust creator. Once established, the trust cannot be changed. A revocable trust allows the creator to retain control of their assets. The trust creator can change the terms at any time until their death. The estate lawyers at Hensley Law Office will work with other financial professionals to establish a trust that fits your particular circumstances.

At Hensley Law Office, attorneys use wills, trusts, and other estate planning tools to meet their clients’ needs and desires. The firm’s lawyers craft detailed estate plans, paying careful attention to each client’s unique situation and goals. If you have questions about estate planning or another legal matter, contact the attorneys at Hensley Law Office in Flatwoods, KY. Call (606) 836-3117 to schedule a free consultation, and visit their website for more information about their legal services.