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January 2019 Archives

Don't neglect the items of sentimental value in your estate plan

With people living longer, many elderly Tennesseans use up most of their accumulated savings and wealth during their lifetimes. By the time they pass away, there may not be a significant monetary inheritance for their children and other loved ones. Even people with a vast estate may prefer that most of it go to causes and organizations they feel strongly about. They may believe they've already given their children more than enough advantages to be successful.

Factors to consider when drafting a long-distance parenting plan

If you and your co-parent will be living some distance apart after your divorce and sharing custody of your children, or even if one of you will have them most of the time while the other one will have scheduled visitation, you'll need to work out a long-distance parenting plan.

You made your will, but was it properly executed?

You knew that you wanted to take steps to protect your family and your assets in the event of your death, so you created a will. It is the most basic part of an estate plan. The information that a will contains can ensure your final wants and wishes are honored; that is, of course, if you properly execute your will.

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