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Estate Planning for Marriage: Part 2 In the second article in our series on estate planning for marriage, we will discuss the value of post-nuptial agreements. A post-nuptial agreement is, as its name suggests, a marital agreement entered into after a couple is married. Similar to a pre-nuptial agreement, a post-nuptial agreement creates an outline…
DetailsEstate Planning for Marriage: Part 1 Following our last post regarding the young professional and estate planning, we move forward to a different stage of life to begin a series on the importance of estate planning in marriage. During this three-part series, we will introduce key points relating to nuptial agreements, and certain estate planning…
DetailsEstate Planning for the Young Professional For many, estate planning can often be placed into a box that belongs solely to individuals who are either of an advanced age or have significant assets. In reality, however, the practical aspect of having an estate plan in place is a benefit for any individual who is willing…
DetailsThe Importance of Titling Your Assets in Estate Planning The Tennessee Court of Appeals’ recent decision, In Re Estate of Calvert Hugh Fletcher, highlights the importance of titling assets. This case involves a joint checking account with rights of survivorship established by a married couple, the Fletcher’s, after they refinanced their home mortgage. After depositing…
DetailsKeeping Your Identity Secret When Purchasing Real Property When purchasing real property, such as a personal residence or vacation home, buyers concerned with maintaining privacy and protecting personal assets may take title in the form of a trust or limited liability companies (LLCs) to ease these concerns. The anonymity associated with making a purchase through…
DetailsThings to Consider When Disinheriting an Heir A parent may disinherit a child for many reasons. Celebrity moguls often disinherit children to keep them grounded. Others disinherit a child due to certain issues, such as a history of substance abuse or abandonment that has led to a fractured relationship. Regardless of why a parent desires…
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