Most Tennessee residents assume that when they have signed their will, it will be enforced as they have written it. Unfortunately, potential heirs may think that they were cheated somehow and that the will signed by a parent or uncle or other treats them unfairly. The...
Year: 2021
Understanding the mechanics of a special needs trust
Caring for a disabled person can be a difficult estate planning issue. Both the federal and Tennessee governments provide significant financial aid or individuals who meet the Social Security Administrations definition of “disability,” but most, if not all, of these...
Tips for a successful divorce negotiation
Divorce is a stressful event for most people. This is understandable. After all, it’s a major financial transaction that can have serious ramifications for your future for years or even decades to come. It can also have a profound impact on your relationship with your...
How can one create effective retirement assets?
Estate planning can become complicated, especially for high net-worth individuals. But, a question that often comes up during the estate planning process is whether one can create retirement assets. These are assets that are specifically designed to be passed down,...
Estate plans for adult children being supported by their parents
These days, many children in the Jackson area are not fully self-sufficient adults the minute they reach age 18. Parents may continue supporting their adult children while their child is in school or working their first job. The adult child may live with the parent...
Finding what is best for the child during divorce
Not only is a divorce painful for everyone in the family to go through, but often the years that led up to this moment as well. Persistent conflicts that can undermine a marriage over a period of time also create underlying tension that everyone can feel, so divorce,...
Divorce rate dropping in many states, including Tennessee
The year 2020 presented many hardships for residents of Tennessee, some financial and some personal in nature. With people spending more time at home, some thought this would increase friction between those whose relationship was already rocky. However, one...
Estate administration in Tennessee and an alternative
Losing a loved one is a distressing experience. Many in Tennessee who are going through the grieving process will simultaneously be going through the probate process whether their loved one left a will or died intestate. This means a person will be selected to...
What happens if a Tennessee resident dies without a will?
An estate plan is more than just a will, but wills serve important roles in the identification of beneficiaries and assets when a person dies. Through a will a person may name who they want their minor children to live with if the parent dies, and to whom the will...
How does a legal separation work in Tennessee?
Like many other states, Tennessee has a formal separate process through which residents of Jackson can pursue a legal separation instead of a divorce. Following a legal separation, the couple will remain legally married even if they live in separate homes. Thus, they...