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October 2015 Archives

Lamar Odom and the role of a power of attorney

Quite a few Tennessee readers know the name Lamar Odom. The 35-year-old basketball star is a former Lakers player and earned numerous accolades throughout his career. He has been in the news of late, however, for far less illustrious reasons. After a series of poor decisions, Odom is hospitalized and struggling to achieve some manner of recovery. His situation serves to underscore the importance of estate planning, especially when it comes to designating a medical power of attorney.

Protecting heirs from themselves: Tips for parents

No Tennessee parent wants to consider what would happen if they should pass away while their children are still young. However, it is impossible to know the timing of our own death, and parents also have a strong urge to provide support and protection for their children. When considering estate planning for young heirs, it is important to build in a means of protecting kids from the mistakes common to most young people.

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