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When people pass away in Tennessee, they cannot take anything with them. Their possessions, money and assets remain and will eventually be distributed to certain beneficiaries. The beneficiaries will be determined either by the deceased’s will or by the intestate...
In Tennessee, residents are frequently advised about the importance of having an estate plan. Recent events across the nation and all over the world have emphasized this. It is smart to expect the unexpected and prepare. Even a basic will can help to avoid challenges...
Whenever a Tennessee resident purchases a tract of real property, that person wants to be certain that, after the transaction closes, he or she will be the legal owner of the land in question. Occasionally, an error slips into the documents that are used to prove...
When a person purchases real estate, he or she will receive a deed. A deed is a legal document that transfers the ownership of the property from the seller to the buyer. In the transaction, the seller is called the grantor and the buyer is called the grantee. Deed...
To some people, estate planning seems enormously stressful, especially if they have a loved one who will need extensive care and support as time goes on. But you don’t have to be overwhelmed by the estate planning process. That’s why experienced and skilled law firms...
Especially in our new reality of 100 percent teleworking and staying at home more commonly, our digital life is ever expanding. Plus, with the explosion of cryptocurrency and nonfungible tokens, our financial digital life also now has real consequences. And, that is...
When one gets the call that they have been appointed as an executor to conduct a loved one’s estate administration, unless they have done it before, it is a scary call. However, with a bit of basic knowledge and help, the process can be demystified. First, the basics...
The real estate market is booming these days. Some homebuyers in Tennessee to put down an offer on a home without even stepping foot in it first, and sellers are eager to accept the highest bid as soon as it comes their way. However, it is important not to be too...
Estate planning in Tennessee is not solely about creating a will or establishing a trust. For many, a fundamental part of estate planning is to ensure that a person’s wishes are adhered to in other ways. Health care could be a worrisome issue and having a trusted...
The role that an executor plays in the administration of an estate is an important one. For that reason, estate planners should understand the duties of an executor and how to select one. Duties of an executor An executor functions as a fiduciary for the estate and...
