More Than 50 Combined Years Of Experience Serving The People Of Tennessee
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...
When a Tennessee resident dies without a will, it may be difficult for the family to decide who should be the executor of the deceased person's estate. To review, an executor is a person appointed by the probate court to gather the deceased's property, pay off debts,...
Many people living in Cleveland, Tennessee, and in the other neighborhoods in and around Chattanooga may have a natural desire to plan their estates so as to avoid probate. The probate process has, after all, gotten somewhat of a bad name in recent decades as a...
How to steer your clients in the right direction Estate planning provides your clients with a wealth of opportunities to strategically grow their net worth while also planning for their families' future comfort and security. Opportunity brings risk, but also the...
Previous posts on this blog have talked some strategies for avoiding probate, which, to summarize, is a court-supervised process of dividing up a deceased person's estate either according to his or her will or the laws of Tennessee.Indeed, trying to avoid probate is a...
People often spend a lot of time and energy attempting to plan their estate carefully. The end goal is both the ability to control how their assets get distributed after they die and minimizing the risk of probate court for their families. Any estate that does not...