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November 2015 Archives

Tips for protecting assets that are stored online

As more and more people integrate the Internet into their daily lives, a great deal of human endeavor is stored in a virtual format. We can now amass huge online collections of music, written material and photography, as well as data from a wide array of fields. These online storage vaults can end up holding items that are of significant value, although many in Tennessee fail to recognize that digital assets can be worth a considerable amount of money. The following tips are offered in the hopes of teaching families the best means for protecting assets that are stored online.

Discussing estate plans as family members gather for Thanksgiving

For many in Tennessee, Thanksgiving is a favored holiday, a time when tradition and family are honored. Often, loved ones are spread across the nation, and Thanksgiving offers a rare chance to gather everyone in one location, even if just for a few days. During this time of gratitude, the perfect opportunity is presented to discuss estate planning with all family members present.

Is it possible to write your own will?

In today's economy, many Tennessee residents look for ways to reduce expenses and save their hard-earned money. That means looking for areas in which they can do things for themselves rather than calling in a professional each and every time their car needs minor service or their sink springs a leak. When it comes to estate planning, many people take a similar approach, and they wonder if tackling their own will or other documents could save money while reaching the exact same end result.

How does real property pass down to your heirs?

When considering various estate planning options, many Tennessee families are interested in learning how their real property will pass down to their chosen heirs. The answer depends in large part on the level of planning that a family has undertaken, and the structure of the overall estate plan. In short, there are a number of ways that real estate property can pass down, not all of which are equally desirable.

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