What Happens If I Own Property in Tennessee and Die Without a Will?

When a person dies intestate (without a valid will stating to whom the decedent’s property is to be distributed) in Tennessee,  property can be divided multiple ways depending on the number and types of heirs-at-law, the type of property ownership involved, and whether the decedent has any valid debts. Many factors are involved which is…

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The Importance of Estate Planning for Young Adults: What Parents Need to Know About the Law and a Child’s Eighteenth Birthday

Decorating a dorm room, rushing a fraternity or sorority, choosing a major, experiencing independence from parents, joining the workforce, taking a year off to decide what comes next – just a few things young adults can encounter after graduating from high school. Estate planning, however, is not usually on a young adult’s radar, but this…

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Spendthrift Trusts: Protecting the Beneficiary

There is an ever-present concern for providing the next generation with the right tools for success. While parents do their best to impart their own financial wisdom upon their children, some individuals require extra help. In terms of estate planning, this concern creates an additional need that is separate from personal asset protection and instead…

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