Russ Cook & Associates, PC
view our Practice areas

Lack of end-of-life plans place considerable burden on loved ones

A person's death takes a considerable emotional toll on his or her loved ones. They are left to cope with feelings of loss, overwhelming sadness and fear about the future. When a person passes away without providing any guidance for his or her estate, these feelings can grow to include anger, frustration and even resentment.

This is particularly true if the person had significant assets or multiple properties to distribute. If you have not taken steps to address distribution of your own substantial or complicated assets through trust or estate planning, then you are leaving your loved ones to manage some incredibly difficult obstacles. We discuss some of these obstacles below.

Resolving familial conflict

Familial fighting over assets is unfortunately common when someone passes away without an estate plan in place. Instead of being able to grieve and support one another, family members can become pitted against each other, fighting for the things they want or feel they deserve. 

Fulfilling tax obligations

Taxes can take a massive chunk out of the assets and financial resources your leave behind, especially if you have not set up a trust or taken other steps to minimize the tax-related consequences of passing property on to others. Without these plans, your loved ones can send more money to the government than they wind up keeping.

Minimizing the public fallout

Oftentimes, the reason we learn so much about the details of a person's assets and estate is that they become public knowledge through the probate process. Unless you take steps to avoid probate -- by creating trusts, for instance -- the details of your finances, investments and business interests will be available to inquiring members of the public. This also includes information on your heirs. This can be intrusive and frightening for your loved ones to deal with.

How you can shield your loved ones from these burdens

As discussed in this article, there are many reasons why people are hesitant to create an estate plan. However, rather than let your own fears, confusion or frustration take over and lead to a costly mistake, you can discuss your end-of-life wishes and priorities with an attorney to begin creating your estate plan. Doing so can be of incredible relief to your loved ones and allow them to focus on supporting each other and coping with such a difficult time.

No Comments

Leave a comment
Comment Information

What Our Clients Are Saying About Us

  • Star

    “I recently moved to TN from MN and needed to re-do my trust documents, including a pet trust, to be compliant with TN law, and to find an entity able to act as my trustee. Russ and his staff were able to answer all of my questions quickly and efficiently, and I am comfortable and confident in Russ's representation and that my new documents will act as they are intended, when the time comes. They even put me in touch with a trustee who was involved in the process as well, which was so helpful. This was a big item on my move "to-do" list, and I am so pleased to have it completed!”

    - Kim J.
  • Star

    “We would definitely recommend Russ and any of his Associates. They are all very professional, efficient and well versed in Estate Planning.”

    - Cheryl H.
  • Star

    “Experienced, Knowledgeable, Friendly, Professionals all work here. I'm grateful my parents used this firm to create and maintain their Trust throughout the years. Working with the folks at Russ Cook & Associates, primarily Alex, Debby and Trina made the process comfortable working through Probate, Estate assets and Executing the Trust.”

    - Kemp S.
  • Star

    “Excellent work. They worked with us and never allowed us to miss a deadline. We definitely appreciated their help and would gladly recommend them to anyone seeking help with their estate planning.”

    - Mark S.
  • Star

    “Everyone we came in contact with was wonderful. The staff and Russ treated us like family at all times.”

    - June S.
  • Star

    “Being new to the area having moved from out of state, I was searching for an attorney to assist in elder estate planning for my mother. I was referred to Russ Cook & Associates and found the firm as a whole and Russ Cook himself to be very helpful and accommodating to my needs, as well as experienced and very knowledgeable on the matter I was seeking assistance. I would definitely recommend Russ Cook and Associates.”

    - Brad H.
  • Star

    “Mr. Cook and his staff were phenomenal to work with on my will. They are extremely professional and friendly and made the process seamless. They go above and beyond!”

    - Amber C.
  • Star

    “Russ took the time to answer my questions by email, so that I knew exactly what would take place when I visited his office and his time as well as mine was used efficiently. I appreciated his thoroughness and his professionalism, as well as that of his staff.”

    - JoAnn G.
  • Star

    “Overwhelmingly positive experience.”

    - Stephen W.
  • Star

    “I have been a client for many years. Russ and his staff listen to our concerns, come up with a plan and help us act on it with guidance and professionalism. I'd highly recommend Russ Cook and Associates.”

    - Dr. S. D'Amico
Email Us For A Response

Schedule An Initial Consultation Today

Contact us today to schedule a consultation by sending us an email or by calling 615-200-9117.
We assist clients throughout the Nashville area.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Brand Contact

5141 Virginia Way
Suite 220
Brentwood, TN 37027

Phone: 615-200-9117
Fax: 615-370-5938
Brentwood Law Office Map

Office Hours:
Monday: 8:00 AM – 4:30 PM
Tuesday: 8:00 AM – 4:30 PM
Wednesday: 8:00 AM – 4:30 PM
Thursday: 8:00 AM – 4:30 PM
Friday: 8:00 AM – 4:30 PM

Summer Hours Office:
8:00 AM - 1:00 PM on Fridays
May 24th Through August 30th

Map Image