Deciding to divorce your spouse in Tennessee is probably not a decision you made lightly. Because it is a serious decision that will impact your life indefinitely, knowing how to prepare may help you keep control of your life. One collateral effect of divorce involves...
Year: 2021
What to know about supplemental claims
Sometimes the U.S. Department of Veterans Affairs denies applications for benefits. When veterans disagree with such decisions, they may consider appealing the initial decision. One such path they may take includes requesting a supplemental claim. Before requesting an...
Should you name secondary beneficiaries in your will?
While many people view drafting a comprehensive estate plan as something of a chore, it is better to approach it as the type of exercise it is – a way to prevent unnecessary confusion in the future. People write their wills to clearly specify the distribution of their...
Are you eligible for individual unemployability benefits?
In the course of your service in the United States military, you may have suffered a serious injury. While you have recovered to some extent, you have limits to what you can do in the civilian workforce. If your disability is severe enough, you may be eligible for...
What role does a beneficiary play?
As a beneficiary, you may find it confusing as to what your actual role in the estate plan might be. To that end, it is important to understand what an estate plan expects of you and how you interact with the trust and trustee. Some mistakenly believe a beneficiary...
What assets do not go through probate?
The last thing you want to do for your family is to make things more difficult when you die. When creating an estate plan, you may want to consider lessening the time your will spends in probate court. Probate court is the process through which your will travels. The...
The costs of divorce in Tennessee
Divorce, for better or worse, comes with costs. Many of those costs may surprise you; some won't, but it is far better to head into divorce with your eyes open. Among the financial costs of divorce are: Property division The single most expensive part of a divorce is...
An overview of the estate planning process
If you are thinking about setting up an estate plan, or you need to make changes to your existing plan, it is very important to understand the options on the table. Some people lack familiarity with the estate planning process and by going over the ins and outs of...
How can you divide a military pension during divorce?
Divorcing as a military couple may seem more complex than most divorces. If you have a pension, do you have to divide it with your spouse? According to Military Advantage, you may have to divide your pension. Can you divide a pension? According to the Uniformed...
Will your estate be subject to tax?
You work for your entire life looking to accumulate assets to one day pass on to those you love. The thought of any portion of those assets going to settle expenses and liabilities is thus disheartening. Estate planning experts may offer advice on how to avoid probate...