Insights on Estate Planning with Tina Keller of Purpose Law Firm, LLC

A little bit about Tina:

Tina is a highly accomplished professional with a diverse educational background that uniquely positions her to serve her clients. In 2002, she graduated from Cincinnati State with an Associate of Applied Business in Business Financial Management. Three years later, she graduated Magna Cum Laude from Northern Kentucky University with a Bachelor of Arts in Middle Grades Education, earning the Pre-service Technology Leadership award and membership in the Pinnacle Honor Society. In 2019, Tina further expanded her expertise by graduating from Northern Kentucky University – Chase College of Law with a Juris Doctorate, where she was a finalist in the Client Counseling Competition. Tina's comprehensive knowledge in finance, education, and law allows her to provide a unique and holistic approach to estate planning and family law.

At WealthWise Financial Group, we recently had the privilege of interviewing Tina Keller, the owner of Purpose Law Firm, LLC. Tina shared valuable insights on estate planning, highlighting the key differences between a will and a trust, how proper estate planning can save money, and the most valuable aspects of her services. Additionally, she discussed common mistakes consumers make when planning for their estate.

Key Differences between a Will and a Trust: Tina explained that a will is a legal document that takes effect after death, while a trust is a legal entity that manages assets during life and after death. A will goes through probate, while a trust avoids it. A trust provides more control and privacy than a will. Both are important estate planning tools.

Saving Money with Estate Planning: While estate planning can be costly, Tina emphasized that it's essential to do it right the first time to avoid unnecessary expenses. In Indiana, for example, if assets must go through probate, an attorney can charge up to 6% of the estate's value. By ensuring that assets like a home are properly titled into a trust, which is included in all of Tina's trust planning, consumers can protect their children or estate from losing a significant portion of their assets to legal fees.

The Value of Tina's Services: Tina's goal is to ensure that the estate plan is done correctly from the start, so clients don't have to worry about revisiting it multiple times. She believes that taking the time to understand each client's unique needs and providing tailored solutions is what makes her services invaluable.

Common Mistakes in Estate Planning: “The biggest mistake consumers make is not planning for their estate at all.” Tina noted that many people have an uneducated guess about what they need and may choose an attorney who simply prepares documents without understanding the full scope of their needs. “It's crucial to work with an attorney who takes the time to get to know you and figure out what you truly need, rather than just providing a single document.”

WealthWise Financial Group is grateful to Tina Keller for sharing her expertise on estate planning. By understanding the key differences between a will and a trust, the potential savings that can be achieved through proper planning, and the importance of working with a knowledgeable attorney, consumers can take steps to protect their assets and ensure their wishes are carried out.

To contact Tina Keller you may call her at 812-655-9336, or email her at tina@purposeafterdv.com.

Quentin Davis is a Registered Representative and Investment Adviser Representative of, and securities and investment advisory services are offered solely by, Equity Services, Inc., Member FINRA/SIPC, 100 E. Campus View Blvd., Suite 125, Columbus, OH 43235, 614-430-8414. WealthWise Financial Group & Tina Keller, and Purpose Law Firm, LLC are independent of Equity Services, Inc. In MO, Equity Services, Inc. operates as Vermont Equity Services, Inc. All investing involves risk, including the potential loss of principal, and there can be no guarantee that any investing strategy will be successful. Registered Representatives of Equity Services, Inc. do not offer tax or legal advice. For advice concerning your own situation, please consult with your appropriate professional advisor. The use of trusts involves complex tax rules and regulations. Consider enlisting the counsel of an estate planning professional and qualified professional legal and tax advisors prior to implementing such sophisticated strategies.  The cost and availability of life insurance will depend on factors such as age, health, and the type and amount of insurance purchased. TC143587(0824)1

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