Firearms are near and dear to the hearts of many Americans. They often use them as collectibles, going to gun shows to look at antiques and passing them down through family generations. While they are commonplace in the lives of many, guns can complicate things after...
Month: July 2020
What are community property trusts?
Tennessee is among 41 states that follow a common law property system. This system treats any assets acquired by one spouse during marriage as individual property. Community property states, however, would consider these assets as belonging to the couple. Yet,...
Naming a guardian of the estate for minor children
You have worked hard to raise your children well. As a good parent, you have contemplated the possibility of your future incapacity or untimely death and named a legal guardian in your estate plan. The legal guardian, known as the guardian of the person, will be...
What blended families need to know about estate planning
It isn’t unusual for people to put off estate planning. In fact, in 2020, only 32% of Americans report having completed a will or other estate planning documents. Not having a will can become a big burden to your family members if you pass away, and if you have a...
Estate planning considerations when moving to a new house
Moving to a new house can be stressful. You must pack up all your possessions, organize the boxes, sign paperwork and transport your belongings. Then, you get to unpack it all, organize your new house, replace missing or damaged items and likely sign more paperwork...