People in Tennessee who are creating an estate plan may need to determine who they want their beneficiaries to be as well as what kind of arrangements they want to make in case they become incapacitated. For the latter concern, they can use a durable power of attorney...
As the old saying goes, “where there’s a will, there’s a lawsuit.” It’s an unfortunate truth of estate planning that, all too often, children, nieces, nephews, cousins and other distant family members try to challenge the validity of their deceased loved one’s will,...
After all the hard work you put into your career, you want to be sure the inheritance you leave your loved ones reaches them safely. Unfortunately, there are many different factors that can reduce or even eliminate the assets you are planning on giving your family. To...
For decades, you have accumulated an assortment of collections. Some people may call it junk. However, these are mementos, some handed down by relatives, but most purchased carefully by you through the decades. On the surface, you understand that collectibles are...
When it comes to estate planning, you have a couple of main options to consider. One is creating a will, and the other is creating a trust. If you want to avoid the time-consuming and costly process of probate, the choice is simple and easy. Go with a trust, which you...
A huge part of estate planning is providing for your family. Especially when your loved ones have special needs, it’s essential to ensure that they are taken care of no matter what happens. A special needs trust is one way to look out for your loved ones after you are...
Estate planning is presumed to be for older people who are preparing for a time when they will no longer be around. They have built up assets to protect and possessions to pass on to loved ones. Drafting a will and establishing a trust is not solely for those who are...
One of the more famous quotes from prolific quoter, Benjamin Franklin, is, “If you fail to plan, you are planning to fail!” The man known as a statesman, postmaster, diplomat, humorist, and numerous other titles actually lives up to that quote. In his estate plan, he...
Families fight, particularly siblings. From childhood to adulthood, parents are often tasked to resolve disagreements and bring the family together. Success varies, depending on the dispute, the intensity of the conflict, and if and how it can be fixed. Estate...
Sometimes, people in the Nashville area try to take care of their estate planning themselves in order to save money. But, as the saying goes, you often get what you pay for. For example, writing out your will by hand can seem like a fast, cheap option compared with...
