CONSERVATORSHIPS Conservatorships come in several varieties. There is a General Conservatorship, which can last indefinitely. There is an Emergency Conservatorship, which can last a maximum of 60 days, unless converted to a general Conservatorship. There is an Expedited…
1. What is a Will and who needs a Will? A will is a legal document that states how your properties and assets will be distributed if you pass away. As soon as you get married, have kids,…
Learn about these different types of Will, including a Living Will, and what to avoid regarding a Will. We'll discuss the most cost effective estate planning instrument, and how to save money and time when there is not…
Irrevocable trusts are not for everyone. Irrevocable trusts are used to protect assets, or save on taxes. That means that they are usually somewhat complex and must therefore be drafted carefully. While they can be amended in Tennessee,…
A) WAYS TO AVOID PROBATE Name survivor payees on accounts Life Insurance Pre Paid Burial Contracts Life Estates Trusts SURVIVOR BENEFICIARIES: Plus: Easy to do. You just have to do it. Minus: Will not settle everything. Cannot distribute…
One day you may have a client sitting in front of you telling you about someone who is making terrible decisions and asking what they can do about it. The answer you give the client should be carefully…
People live longer into infirmity now more than ever before. According to the US Census Bureau only the dependency ratio for older adults was 11 percent in 1940. In 2010 that ratio was 21 percent. By 2020 the…