The “Silver Tsunami” Is Coming; Is Your Estate in Order?

When it comes to estate planning, attorneys are increasingly working with “solo silvers” from what is known as the “silver tsunami.” A silver tsunami is the term created by demographers and economists to explain the dramatic age shift in the human population from the Baby Boomer generation hitting the retirement age. Some 80 million individuals…

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Taking a Closer Look at Living Wills

The subject of estate planning tends to bring on the desire to take a long nap if you’re under a certain age. It’s typically a subject for those who have been around the block a time or two, but with coronavirus invading our daily lives, understanding estate planning basics is something we should all become…

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When Do You Probate a Will in Tennessee?

Probate is the process by which courts oversee the distribution of a decedent’s (the person who passed away’s) estate. The individual responsible for administering the will (the executor) is required to go through probate in order to collect the decedent’s assets and property, distribute them to heirs and beneficiaries according to a will, and pay…

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How Do You Choose an Executor for Your Will? 

An executor is the person someone appoints in their will to handle their estate when the person has passed on. When choosing an executor, it’s important to pick someone you can trust to handle the financial parts of the estate and who can also manage any conflicts that may arise. Many people choose their spouse…

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Guardianship in Estate Planning

One of the most important topics in the estate planning world is that of guardianship. Guardianship is important on two levels: it protects your children should you die before they reach the legal age of adulthood, and it ensures that your children are brought up and cared for by the person of your choosing. Some…

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Steps to Reduce the Likelihood of a Will Contest

Anyone who plans for their families’ and loved ones’ futures hopes their heirs and others won’t fight. (At least, we certainly want that to be the case.) Sometimes, though, death brings conflict. Children may feel they should have been given a better share. Business partners may feel their interests weren’t duly considered. These conflicts can…

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What Is Durable Power of Attorney?

Here in Tennessee, we’re planners. We plan parties, we plan vacations, we plan weddings, we plan out nightly dinners. You might plan out your day and even your entire week. But many of us don’t look too far into the future and think about things like unexpected illnesses or accidents. What if you are sick,…

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Getting Through the Probate Process More Efficiently

Probate attorneys are keenly aware of the difficulties families encounter when a loved one’s estate enters the probate process. This process can extend out for many months, consuming not only time but also precious resources from which other beneficiaries may have been helped. Those who are appointed as executors of an estate can find themselves…

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