Some unhappy couples "joke" that they only stay together because they're too poor to get divorced. Some couples really believe they can't afford to divorce.
Many people never get around to developing an estate plan -- even a simple will. They figure they'll do it when they get older. Of course, no one knows what the future holds. If a person dies without a will in Tennessee, their assets will be distributed to family members according to state intestacy laws -- regardless of how the deceased person felt about any of these family members or how close they were in life.
Under some circumstances, litigation is the only way to handle a divorce. However, mediation is another option that continues to gain in popularity.
If you're a parent going through a divorce who has struggled with alcohol, you may fear that your history will impact your custody and visitation rights. It's wise to be concerned -- particularly if your spouse wants to limit your access to your kids and the matter will need to be decided by a judge.
Many people choose to create living trusts when they develop their estate plans. They can place many of their assets, including their home and bank accounts, in the trust. There are numerous advantages to having a living trust. Chief among them is that it makes your estate easier and quicker to settle after you're gone.