Divorce is a challenging process, and when it comes to separating a family, one often overlooked aspect is the fate of a furry companion. According to the American Pet Products Association, 66% of households in the U.S. own a family pet. The question of who gets pet...
According to Statista, there were 3.3 divorces per 1,000 Tennessee residents in 2021. Deciding whether to end a marriage is one of the most challenging decisions you might ever face. It involves deep introspection and a thorough evaluation of your relationship and...
Probate is a legal process that takes place after someone dies. It involves the administration of the deceased person's estate, which includes their assets, debts and distribution of property to heirs or beneficiaries. Probate often stands as an intimidating term,...
When creating your will, one of the most important decisions you will face is selecting an executor. The executor plays a pivotal role in managing your estate, so you must choose someone who is up to the task. Keeping in mind a few key characteristics can help you...
Creating a will is an important step in ensuring others honor your wishes after you pass away. However, you need to remember that your will is not a one-and-done document. Life is constantly changing, and your will should evolve with it. There are several life events...
If someone passes away in Tennessee, their estate goes through a legal process known as probate. Probate involves validating the deceased person's will, if there is one, and distributing their assets according to the law. Understanding probate is an important part of...
Tax reduction is a common estate planning goal. You could have concerns about how federal and state estate tax will affect the value of the assets in your will. While Tennessee does not have a state estate tax, your beneficiaries may have other tax considerations....
Discussing estate planning with your parents may not be the most comfortable conversation, but it is an important one. Approaching this topic respectfully is one way to make your parents' wishes clear for years to come. It is important to know how to navigate this...
When you die, your assets may go through a legal process called probate. The probate process can increase the amount of time it takes for your beneficiaries to receive their share of your estate and drive up estate administration costs. You may be able to save your...
A divorce raises several questions about the division of assets and property. For military veterans, one important question revolves around their VA pension. This concern is especially important for people in states like Tennessee that follow the equitable...
