Most Tennesseans, including those who are a little older, have a more extensive digital life than they may realize, and it’s essential that their digital assets are added to estate plans. The failure to do so can lead to added costs and inconvenience for heirs or even...
Married couples share many material possessions over time. In the event of a divorce, some possessions are divided between the spouses. However, it is important not to overlook what happens to digital assets in a Tennessee divorce settlement. Digital assets, such as...
Pet owners would do anything to keep their furry friends safe and cared for. However, they often forget to do this in their estate plan. Adding provisions for your pet in your will is a responsible way to make sure your animal receives the care they need in case...
As many residents of Tennessee have probably heard, creating a trust is one way residents can eliminate, or at least greatly simplify, the probate process.To review, probate is a court-supervised process through which a person, the executor, collects a deceased...
Unlike many other states, Tennessee has fairly broad laws concerning legal separation.For those in the Cleveland area who may not understand the difference, a legal separation is a formal court proceeding in which the family law court will enter orders concerning,...
Like other states, Tennessee has a provision in its laws for what is commonly called the elective share. The elective share protects the surviving spouse from being left penniless after the other spouse's death`. Presumably, this is because, as a society, we assume...
Many Cleveland residents have probably heard about revocable living trusts. This is because many people, attorneys, financial professionals and others, actively promote them as a way to avoid probate and accomplish other estate planning goals.To review, a revocable...
Probably one of the biggest causes of the so-called middle class squeeze is the high cost of healthcare, particularly as a person ages and requires more medical assistance.By way of example, should someone who has worked hard to accrue some modest assets need to enter...
Many people in Cleveland and other parts of the greater Chattanooga area, as well as those throughout Southeast Tennessee, have invested a lot of time and energy in building up a family-held or other small business. For many, their share in the business is their most...
Creating a will is an important step for almost anyone in Southeastern Tennessee to take. Doing so can save a lot of trouble for one's family after one's death, as a well-drafted will should give clear instructions about how a Cleveland resident wants her property...
