This Transcript was auto-populated Transcript: 00:00 when we’re talking about estate planning with clients and and the topic of a will comes up. Oftentimes we’re asked, does a will cover all of my assets? And the short answer is […]
This Transcript was auto-populated Transcript: 00:00 when we’re talking about estate planning with clients and and the topic of a will comes up. Oftentimes we’re asked, does a will cover all of my assets? And the short answer is […]
This Transcript was auto-populated Transcript: 00:00 Another question we get a lot is what assets are actually subject to probate. And the simple answer is that’s any asset that you may have an ownership interest in that doesn’t transfer […]
I often walk clients through the essential components of a well-crafted will. At its core, a will outlines what happens to your assets when you pass away. Key elements include: a clear inventory of your possessions, a list of beneficiaries […]
I want to stress how critical powers of attorney are in any solid estate plan. These documents allow someone you trust to make decisions on your behalf if you’re ever incapacitated but still alive. A durable power of attorney gives […]
Clients often ask me what the difference is between a will and a trust, and it’s an important question. A will is a legal document that outlines who should receive your property after you pass away. It also allows […]
Clients often ask me: “Can I avoid probate without setting up a trust?” The short answer is—sometimes. In Tennessee, there are a few effective tools like payable-on-death (POD) or transfer-on-death (TOD) designations on bank or investment accounts, and naming beneficiaries […]
I advise that a basic estate plan in Tennessee typically includes four essential documents. First, the Last Will and Testament lets you decide who inherits your assets and who will care for your minor children. Without it, state law […]
I often tell clients that whether you can change a trust depends on the type of trust you have. If you created a revocable living trust, you can amend it, change trustees or beneficiaries, or revoke it entirely—as long […]
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