Gullett Sanford Robinson & Martin PLLC
How Long Does it Take to Administer a Probate Estate in Tennessee? An estate administration is a process. The time for completing the process varies depending on the circumstances. In certain situations in which a decedent’s estate’s probate assets are very limited, it may be possible, and advisable, to take advantage of one or more…
DetailsShould I Update My Old Will by Using a Codicil or Executing a New Will? Well-written, estate-planning documents are drafted to be flexible and usually do not require frequent change. However, when major life events or transitions occur, estate-planning documents may need updating. In Tennessee, the most common way to update an outdated will is…
DetailsFormation Requirements for Tennessee LLCs In order to form a LLC in Tennessee, you must properly execute and file certain documents with the appropriate federal, state and local authorities. These documents generally include: Articles of Organization A document that sets forth the initial statements as required by Tennessee law to form a LLC Signed by…
DetailsWhy Irrevocable Life Insurance Trusts (ILITs) are Dead for Most Tennesseans An irrevocable life insurance trust (ILIT) is a trust that when properly drafted and funded removes life insurance proceeds from a decedent’s estate. This means none of the life insurance proceeds are subject to Tennessee inheritance taxes or federal estate taxes. Wow. What a…
DetailsAvoiding Will Contests in Tennessee Lawyers often say tongue-in-cheek that the first thing they teach you in law school is “anyone can sue anyone for anything.” While there may be some truth to this statement, there are certain techniques a careful estate-planning attorney can employ to reduce the possibility of a will or trust contest.…
DetailsFour Reasons to Operate Your Business as a LLC in Tennessee An important decision when starting a business is choosing the structure of your business entity. For good reason, a popular choice in Tennessee for business owners is the limited liability company structure. A Tennessee LLC offers the following four unique characteristics: Limited liability. A…
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