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Category: Estate Planning
The Benefits of Healthcare Durable Power of Attorney
A Healthcare Durable Power of Attorney is an important document for everyone to have. It’s also sometimes called a Healthcare Power of Attorney (HCPOA). The specific reasons for having an…
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Probate For Real Estate Only
Think about a married couple. When the first spouse dies, often the vast majority of assets are titled in both of their names. Therefore, everything passes to the surviving spouse…
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What is Probate and What are Probate Assets?
Over the course of conversations with many of our estate planning clients, one common theme occurred to us: We spend a significant amount of time with every client explaining the…
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How Couples Should Handle Estate Planning Differently for Blended Families
In the United States, the nuclear family made of only married parents and children is not as common as you would think. The term was popularized back in the 1920s,…
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5 Times When You Should Review Your Will
Revising your will or other estate documents might not be at the top of your to-do list, but maybe it should be. If you don’t review your will regularly, your…
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Beneficiaries Trump Wills
There are many misconceptions among people regarding estate planning. For example, your spouse with whom you share children does not automatically inherit your entire estate if you pass away. This…
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Nuncupative Will Requirements
In a prior post, we discussed the witness requirements in Tennessee for a traditional, typed-out will. Now we will discuss the requirements for nuncupative, also known as oral wills, and…
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Why Bother With Estate Planning While I’m Young And Broke?
There is a common myth that estate planning is only for the elderly or the wealthy; maybe even only for the elderly and wealthy. This myth shows that few really…
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The Tennessee Intestacy Myth
There is a myth in Tennessee about intestacy that I hear often: if you die intestate, your property will naturally be distributed to the right people. By “right people,” they…
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A Big Break On Estate Tax In Tennessee
Every new year brings new taxes. Fortunately, for people in Tennessee, estate tax is likely one they won’t have to worry about. Estate taxes change frequently, and it can be…
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