Estate Planning
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…
Read MoreThe Legal Perspective of Dealing with Your Loved One’s Dementia
When someone close to you begins to display memory loss it can be for any number of reasons. At first it may just seem like typical forgetfulness but at some point you may not be able to continue to accept that excuse. The biggest fear you may have when it comes to an older individual…
Read MoreTaking 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…
Read MoreWhen 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…
Read MoreHow 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…
Read MoreEstate Planning Following Divorce: What You Need to Know
Did you finalize a divorce in 2018? If you did, you beat the clock when looking at the new tax laws that went into effect January 1, 2019. The new tax laws will have a big impact on how some areas of divorce are handled, including alimony. You can read our assessment of the plan…
Read MoreGuardianship 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…
Read MoreSteps 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…
Read MoreWhat 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,…
Read MoreGetting 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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