Asset Protection Strategies in Tennessee that Don’t Involve the Use of Trusts

Asset Protection Strategies in Tennessee that Don’t Involve the Use of Trusts Based on the growing concerns that accompany life today, such as the risk of litigation, incapacity, divorce, and potential remarriage, individuals have an increased interest in asset protection strategies. Fortunately, there are several preventive measures to shield assets without establishing trusts. One consideration…

Tennessee Uniform Fiduciary Access to Digital Assets Act

Tennessee Uniform Fiduciary Access to Digital Assets Act Effective July 1st, 2016, the Tennessee General Assembly’s recent enactment of the Uniform Fiduciary Access to Digital Assets Act (the “Act”) grants various individuals the authority to access a decedent’s digital assets. The Act authorizes executors, trustees, powers of attorney, conservators, guardians, and certain other people access…

Planning for Incapacity: Using a Durable Power of Attorney (DPOA) for Financial and Other Non-Healthcare Decisions

Planning for Incapacity: Using a Durable Power of Attorney (DPOA) for Financial and Other Non-Healthcare Decisions In our last two posts, we discussed how incapacity planning can impact one’s personal healthcare or the healthcare of a loved one. In this post, we will shift gears to focus on how incapacity planning can affect one’s financial…

Planning for Incapacity: The Importance of Estate Planning in Advance of Dementia, Alzheimer’s and Other Terminal Illnesses

Planning for Incapacity: The Importance of Estate Planning in Advance of Dementia, Alzheimer’s and Other Terminal Illnesses In our last post we discussed healthcare powers of attorney (HCPOA) and their importance in the event of a medical emergency. Becoming incapacitated, however, can also occur slowly over time. As our life expectancies increase and people live…