Not all of us own a house. Not all of us have pension plans, stocks and shares or thousands of dollars in the bank. Some go through life owning very little at all. Others may have had money and property once but watched it disappear due to divorce, ill health or bad...
From Behind The Badge To On Your Side
A DIY approach to estate planning could be a mistake
It’s far from easy to talk about what happens in the event you become incapacitated and when you die. These may be things neither you nor your family wants to talk about. Despite this, it is important that families discuss these matters. Estate planning doesn’t have...
Will you be eligible for Medicaid if you need it as you age?
All adults can receive Medicare when they turn 65. Medicare benefits will cover basic medical expenses, like routine care and acute treatment after an injury or illness. However, Medicare does not cover all of your possible needs. If you require nursing support to...
Why your teen needs a few estate planning forms when they turn 18
Your child just got accepted at their first-choice college. Likely, the last thing this makes you think about is estate planning. However, whether they’re staying fairly close to home at Vanderbilt or going thousands of miles away, there are some documents often...
Do you need health care directives in your Tennessee estate plan?
When you are trying to make a sound estate plan, you probably consider adding trusts to preserve assets for your heirs. You may also worry about how to keep your family out of probate. These concerns are valid but do not overlook yourself when planning your estate....
What are some basic estate planning words you should know?
Many people put off estate planning on the assumption that only older people sit down to do this -- but it's never too early to get your estate plans in order. One factor that often causes individuals to delay in estate planning is because they are unsure of the...
2 assets you can pass directly to others when you die
Planning your estate means thinking about the people that you love and how you would like to help them after you die. It also means thinking about what happens to your property. The physical items and financial assets that you include in your estate plan or last will...
Is it time to update your estate plan?
Rather than put off estate planning, you chose to tackle it early. Maybe becoming a parent made you realize how important leaving a legacy was, or perhaps you didn't want your house to go to your parents when you died. While procrastination is one of the worst estate...
Make sure you include your digital assets in your estate plan
If you've already started planning for what will happen to your assets after you've passed away, you've definitely made a wise decision. However, many Tennessee residents forget that the majority of their business and personal finances are conducted electronically in...
Choosing the right executor
An estate representative is the person who is tasked with settling your affairs after you die. If this individual does a good job, it may be possible to get through probate in a timely manner and without any legal challenges. Therefore, it is important to think...