Estate planning is about accounting for your assets and then developing a succession plan for your estate. In Tennessee, your estate must be administered upon your death, so estate planning prepares your estate for the beneficiaries ready to receive it. Without the...
What probate is and why you should avoid it
The probate process in Tennessee can be a long, expensive and tiresome thing for families to go through. It's usually best to try to tailor your estate plan so that there is no need for probate after you're gone. What is probate? The probate court is a government...
The importance of knowing about powers of attorney
When planning your estate in Tennessee, it’s important that all of the details are clear and concise. You and your heirs should know everything about powers of attorney. This includes what they can be used for and knowing their limits. The more information you all...
Using an estate plan to prepare for incapacity
Powers of attorney and health care directives provide Tennessee residents with a way to prepare for the possibility of incapacity and name trusted individuals to make important decisions on their behalf. A comprehensive incapacity plan should address personal,...
Should I keep my will in a safe deposit box?
There are various obstacles that can delay carrying out your estate plans, so it is essential to avoid any mistakes that could make it harder for your heirs to close out your estate. You might want to keep your will as safe as possible so your executor will be sure to...
What do you know about the difference between guardianship and conservatorship?
While helping your parents learn more about estate planning, you learn of guardianship and conservatorship. You know either role may lie in your future, but what duties should you expect to assume? The Motley Fool explores the two decision-making roles. Learn how you...
Should you finally review your estate plan?
You finished creating your estate plan years ago. Then, you sat on it until today, despite the changes your life has undergone since you first drafted the plan. Unfortunately, you are not alone in this. But your estate plan should always reflect your most recent life...
What are the 3 most critical business succession questions?
As the owner of a family business, assuring its continuation after your retirement represents perhaps the major goal of your estate planning activities. Nevertheless, as reported by Family Business, the National Bureau of Economic Research estimates that only about...
Requirements for a valid will in Tennessee
When there are questions about the validity of a will, it can lead to will contests and other complications. These can prolong the probate process and delay the distribution of the decedent's property. To prevent problems such as these from arising following death, a...
An estate plan can help you prepare for end of life care
End of life planning is a critical component of an estate plan for Tennessee residents. A variety of directives can convey your wishes about the care and treatment you want in the last stage of your life, helping your loved ones make difficult decisions if you become...
Costner & Greene Attorneys at Law
315 High Street
Maryville, TN 37804
Local: 865-238-4710
Toll-Free: 877-381-6564