Many families in Tennessee feel relieved when they learn that their recently deceased loved one created an estate plan. However, when they begin to hear the details of the will, that relief may turn to suspicion. In some cases, the information included in a will is so...
Personalized Attention For Your Family’s Probate & Estate Needs
Year: 2021
Can you disinherit your children in Tennessee?
People often have a lot of questions about what they can and cannot do with their property in their estate plans. For example, a parent may not want to leave cash or assets behind for a child who has turned their backs on the family or demonstrated irresponsible...
How payable-on-death designations work
Estate planning involves a lot of choices. Many people ultimately use "payable on death" (POD) designations for things like their bank accounts, retirement funds, stocks and other investments to make sure that they are directed to the appropriate beneficiary....
Does an executor have to file tax paperwork for the deceased?
Estate administration involves settling someone's accounts and fulfilling their final wishes as laid out in their will. An executor takes on some risk by managing the finances of the deceased individual. Perhaps one of the most nerve-wracking concerns is the potential...
Tips for discussing your estate plans with your family
Once you create an estate plan, you should sit down with your family members and discuss the contents of it with them. This gives you a chance to explain any decisions you've made -- and it gives your family a chance to ask the questions that concern them. For some,...
Are you wondering whether you need an estate plan?
Many Tennessee residents may not know whether they really need an estate plan. You may have recently asked yourself this question and now want information that may help you decide whether creating a plan is in your interests. In a general sense, if you are an adult...
What will happen to your finances if you’re incapacitated?
Many people focus their estate planning on what’s going to happen when they pass away. They don’t realize that there’s an entire component of estate planning that can help if they become incapacitated. One of the best tools available is a financial power of attorney...
How your heirs could benefit from a spendthrift trust
As you contemplate the many options you have for estate planning, one option is often given short shrift — the spendthrift trust. Partly because of its name, this type of trust does not always get the respect it deserves as a viable means of passing wealth down to...
Choosing a health care proxy
Making decisions for yourself is important, but what if a day comes when you can no longer do so? While it might be hard to imagine, this is a possibility you need to plan for. In Tennessee, one of the best ways to do this is to choose a health care proxy. A health...
How can I avoid probate?
Wills are excellent tools for leaving inheritances for heirs, but they are not always the fastest or even most effective method. Depending on the asset, it may be possible to pass it on to someone else without including it in a will or having it go through probate....