Russ Cook & Associates, PC
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Brentwood Estate Planning And Business Law Blog

Employment agreements important for many TN business owners

At the established Brentwood business law firm of Russ & Cook Associates, we believe that effective representation of Tennessee business owners spans the entire lifecycle of a business – from early issues focused on entity formation to late-stage matters addressing dissolution and buy-out agreements.

We address those matters and many other key business issues on our firm’s website. In doing so, we spotlight one area upon which many commercial principals and entrepreneurs especially focus: the “preparation, review and negotiation of internal contracts and agreements.”

New family member? Time to update your will.

It’s typical for most people to update their will every three to five years. However, some situations should kickstart this process.

Adding a new addition to the family is definitely one reason to make modifications sooner rather than later. Here’s when a new addition should change what’s in your will.

Can I prevent a child's inheritance from being squandered?

You will always love your kids, but that does not mean that you must trust them. When children grow into adults, they sometimes go their own directions. Some adult children never develop good money management skills. They may spend money as soon as they receive it, they may have significant debts or they may use their money to feed unhealthy addictions like drugs or gambling.

If you have a child who is less than financially savvy, you may have concerns about allowing him or her to inherit some of your wealth. However, there is a way to pass on your assets while protecting your child from himself or herself.

Preserving digital assets in your estate plan

You may have made a comfortable living from your popular food blog. You may also own a substantial amount in cryptocurrency holdings. Lastly, you may store a large amount of your personal information online, from your various social media accounts to your photos and videos saved online.

The reality of today is that you likely have at least some of your personal information, accounts, records or more stored online. Your estate plan may meticulously account for your plans to transfer your Nashville home, vehicle, wealth, prized art collection and more to loved ones. However, what happens to your digital assets?

Is Aretha Franklin's will enforceable?

A will is a foundational and do-this-first document in virtually every individual’s estate plan.

We underscore that key point at the proven Middle Tennessee estate planning law firm of Russ Cook & Associates. We stress on our firm’s website that a well-executed will is a “cornerstone” legal instrument for most individuals and families attending to vitally important estate planning matters.

How does a pour-over will work with a living trust?

Many individuals and families across Tennessee who timely consult with proven estate planners quickly perceive the strong and diverse value that a revocable living trust can provide for them.

We prominently note on a relevant page of our website at the established Brentwood law firm of Russ Cook & Associates that living trusts are often "a fantastic option" for estate planners. That is especially true for people concerned with both current planning realities and dispositions to heirs at a later date. These are just some of many trust-linked benefits:

Singular estate planning focus: distinct personal property

The relevant details surrounding an existing bank account are likely to be pretty clear when it comes time to administer a given estate.

How about that pricey art collection hanging on the walls of a Tennessee home, though? What about a vast horde of antiques that have been in the family for generations? Coin and stamp collections, a vintage assortment of rifles long held as collectibles, fine jewelry: How will such assets be valued and accounted for during the estate administration process?

What is fueling Tennessee's strong reported business growth?

"[P]retty darn good."

That is the assessment of a proven national economist commenting on a recent report authored by the nonprofit group American Legislative Exchange Council. The ALEC's research focus is on states' economic performance based on multiple business factors. Its bottom line concerning Tennessee is a solid thumbs-up.

What business entity should a smart entrepreneur choose?

The deep legal team at the Nashville-area law firm of Russ Cook & Associates commands decades of experience advising diverse commercial clients across the virtual universe of business considerations.

We note on our firm's website that our established representation of business owners, medical professionals, entertainers and myriad other clients reveals a fundamental point.

How to talk to your adult children about your estate plan

While your children are young, you may choose not to share specifics of your will with them. However, once they are old enough to understand the complexities of your estate plan, you may choose to discuss the conditions of the document with them.

This will prepare their expectations in case tragedy strikes. Here are a few tips for this conversation.

What Our Clients Are Saying About Us

  • “Everyone we came in contact with was wonderful. The staff and Russ treated us like family at all times.”

    - June S.
  • “Being new to the area having moved from out of state, I was searching for an attorney to assist in elder estate planning for my mother. I was referred to Russ Cook & Associates and found the firm as a whole and Russ Cook himself to be very helpful and accommodating to my needs, as well as experienced and very knowledgeable on the matter I was seeking assistance. I would definitely recommend Russ Cook and Associates.”

    - Brad H.
  • “Mr. Cook and his staff were phenomenal to work with on my will. They are extremely professional and friendly and made the process seamless. They go above and beyond!”

    - Amber C.
  • “Russ took the time to answer my questions by email, so that I knew exactly what would take place when I visited his office and his time as well as mine was used efficiently. I appreciated his thoroughness and his professionalism, as well as that of his staff.”

    - JoAnn G.
  • “Overwhelmingly positive experience.”

    - Stephen W.
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5141 Virginia Way
Suite 220
Brentwood, TN 37027

Phone: 615-200-9117
Fax: 615-370-5938
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Office Hours:
Monday: 8:00 AM – 4:30 PM
Tuesday: 8:00 AM – 4:30 PM
Wednesday: 8:00 AM – 4:30 PM
Thursday: 8:00 AM – 4:30 PM
Friday: 8:00 AM – 4:30 PM

Summer Hours Office:
8:00 AM - 1:00 PM on Fridays
May 24th Through August 30th

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