The executor of your will is the person you select to manage your final affairs after you pass away. This role is an honor, but it is also more than that.The person you choose as the executor of your will must recognize that he or she will be required to complete...
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4 steps to keep your kids from wasting their inheritance
As a parent, you put in a lot of hard work to earn, save and invest your money to create a withstanding inheritance for you children. But some parents worry that their children will blow through it before realizing the value of what they have received.This is a common...
Frequently asked questions about a power of attorney
A power of attorney gives another person — an agent — the authority to act on your behalf in legal and financial matters. Choosing your agent is no simple task, but it is an important one for anyone wanting to plan for their future during the estate...
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...
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...
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...
What is a pet trust, and might it make sense for your family?
A point we stress at the tenured Nashville-area estate administration law firm of Russ Cook & Associates is that estate planning can effectively deal with a wide universe of concerns. Collectively, those matters are often centrally applicable to a family's...
Ample room for inclusion in an estate plan, including for pets
The estate planning realm can easily surprise individuals and families considering it for the first time, giving them an unexpected appreciation for its truly broad utility.We underscore that at the established Middle Tennessee estate planning and administration...
Why some Tennessee entrepreneurs explore franchise opportunities
The American business realm is unquestionably diverse and evolving. Yet is also marked by an ever-enduring constant, namely, an energetic spirit that motivates entrepreneurs to identify and profit from new commercial opportunities.We duly note on our website at Russ...
Why wills are available to the public
A will becomes a matter of public record after its creator passes away. The state court conducting the probate process does this by filing the document once it has been finalized.This may feel a little concerning to some given the personal details a will holds. But,...