When you spend time creating a will, you want to avoid putting it at risk. If someone contests your will, it can create unforeseen problems for your family. It can result in extra expense, delay in distribution of your estate and issues between family members. One...
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Estate Planning And Probate
What taxes does an estate executor have to worry about paying?
If you offer to serve as executor for your parents or if they need you as the administrator of their estate in their last will, you have a lot of responsibilities ahead of you. You will have to pay off all of their creditors, inventory their property and distribute...
Managing estate planning as a business owner
Tennessee business owners take every measure to see that their businesses profit and expand. In addition to making sure their companies continue to experience positive growth, business owners also need to have estate plans in place. Estate plans can help ensure that...
The challenge of passing on assets to children
Individuals just starting to think about estate planning in Tennessee may be wondering how to divide their assets among their children. When parents have more than one child, or children from prior marriages, it can be difficult to determine how to fairly split...
Some reasons why you need an estate plan
In Tennessee and around the country, many people think that estate planning is something that is reserved only for the wealthy. The truth is that estate planning is about much more than a way for people with significant assets to pass them down to the next generation....
Do assets pass to a beneficiary who dies during probate?
When a loved one passes away, surviving family members often want to get the final affairs managed as quickly as possible. Some may want to do this to ensure that their loved one's final wishes are followed, and others may be eager to receive their inheritances. Of...
Is the new year a good time to think about estate planning?
A lot of people in Tennessee start each new year off by making resolutions. In many cases, people make these resolutions as promises to themselves that they will make themselves better in some way, such as physically, socially or even spiritually. However, it would be...
You have an estate plan, but can it be better?
Tennessee residents who have an estate plan in place should congratulate themselves. They have done what millions of Americans put off for years and that some never get around to. However, even if you have an estate plan in place, you may be asking yourself if it can...
What is the probate process like in Tennessee?
Many of our readers in Tennessee know that the probate process comes into play after a person dies. At that time, that person's estate must be collected, assessed and distributed. However, there are many people who don't know what the probate process is like and don't...
Making sure your estate plan is a comprehensive plan
Many of our readers in Tennessee know that having an estate plan in place is an important task to address in life, but many are hesitant to begin the process because they think that it is too complicated. While it is true that there are many different options to...
