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...
Year: 2023
How to know if divorce is the right choice
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...
What are some myths about probate?
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,...
What to look for when choosing an executor
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...
Your estate plan can affect eligibility for veteran benefits
Veteran benefits are well-deserved resources provided to individuals who served in the military. These include various forms of support relating to healthcare, education and finances. Veterans must note how their estate plans may impact eligibility for these funds and...
When should you update your will?
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...
How does probate work in Tennessee?
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...
Do beneficiaries pay estate tax in Tennessee?
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....
How can you respectfully discuss estate planning with parents?
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...
Unlocking Tennessee’s Tailored VA Benefits for Veterans
Tennessee provides special VA benefits for veterans to better their lives. According to the U.S. Census Bureau, just under one-half of all veterans take advantage of these benefits. Knowing about these benefits can create positive change for veterans and their...