There are a variety of factors that you need to take into consideration when creating an estate plan, and the smartest approach to estate planning depends on your unique circumstances. There are various types of estate plans, and you should carefully go over your...
Estate Planning
What should you look for when choosing an executor?
When it comes to estate planning, selecting an executor is one of the most important things you will do. This person is responsible for carrying out numerous duties, from locating assets to paying creditors. They will also handle dispersing assets to your heirs in the...
Handling digital assets in your estate plan
A growing number of residents of Tennessee and the rest of the nation now own digital assets, and for some, these assets hold quite a bit of value. If you count yourself among them, you may want to give some thought to how you might incorporate them into your estate...
3 common misconceptions about probate
Many people view the probate process with wariness. This is in part due to confusion about it. Since probate proceedings have the potential to be simple or complex, there are many misconceptions floating around about them. 1. If you have a will your estate does not go...
3 things your future executor should know
When you select someone to serve as the executor over your Ohio estate, you place a good deal of trust in this individual. It takes time and effort to serve as someone’s executor, but there are some important steps you might take to make things easier on the person...
What qualities should you look for in an executor?
As you plan out your will and final wishes, you may begin to wonder who can you depend on to take care of your estate and beneficiaries after your death. This task is important, and knowing what traits make an executor a quality choice can help you as you think about...
What can a trust accomplish that a will cannot?
While a will is a vital part of your Tennessee estate plan, a will only does so much. Sometimes, you may have specific estate planning goals that require more than a simple will, and in some cases, you may be able to achieve these goals through creating a trust....
What are powers of attorney?
When it comes to your estate plan, do you know which documents are the most crucial? You may have heard about powers of attorney, but the documents mean little to you if you do not understand what it means. According to AARP, every person should have a power of...
What if one dies without a will?
It is never easy to face the prospect of one's own mortality. On top of that, one might reasonably be reticent about the prospect of offending certain family members or friends with their decisions regarding the dispersals of their estates. For this reason, some in...
Include these 3 components in a simple estate plan
When you die in Tennessee without an estate plan, you may leave many things to chance. Having an estate plan allows you to have a say in where your assets go and what happens to you medically if you become unable to make these decisions in the future. Also, contrary...