Customers who fail to make payments on debt they owe can hurt any business’s bottom line, causing some organizations to fail. However, if owners take a practical and legal approach to collecting the monies they’re owed, they can keep their businesses up and running....
Considering options for the house in a divorce
In a divorce, the family home usually raises more than its fair share of tough questions. As possessions go, a house big, costly and holds a lot of emotions. Talking to friends, family, an attorney and accountant may help ease the mind. There is usually more than one...
Quiet title actions may calm rowdy ownership claims
The legal ownership of a property, often called title, can become clouded with doubt in many ways. An event many decades ago and many title changes ago can cause uncertainty today, or the event might happen this morning. Unclear or disputed titles can come from...
When is a will contest appropriate?
About 90% of all wills go through probate with no issues, but there are times when it’s appropriate to challenge a will. This is generally when something seems to have gone very wrong in the creation of the will, not simply because a beneficiary disagrees with what...
Four tips for selling a home while divorcing
One of the biggest assets you and your spouse have is your family home. When you go through a divorce, you must decide how to divide the value of the house between the two of you. One way you can do this is to sell the house. However, selling a house while divorcing...
5 ways to avoid home foreclosure
Unexpected life occurrences like medical bills or losing your job can financially overwhelm you. These life events can cause you to miss monthly payments on your mortgage. Missing one payment by a couple of days will not hurt you. However, if you continue missing...
Tips for picking the right executor
Choosing an executor is one of the most critical decisions when drafting an estate plan. Ideally, this person steps in and takes charge of the estate, fulfilling a variety of obligations. Relevant jobs include distributing assets, paying or collecting outstanding...
Rental property offers many opportunities
The Memphis rental market can be a good investment for many reasons. The city has a larger than average percentage of renters (43% here versus 33% nationally). Properties here cost below the national average, and experts in the local market predict steady increases in...
What happens if my parent dies without a will?
According to a survey by Caring.com, 57% of adults don’t have a will. And only 53% of adults have had a conversation about estate planning with their loved ones. If your parent has any wishes for the inheritance left behind, only a will can make sure courts follow...
3 Tips to help you get through the probate process
As a personal representative, you have the responsibility of administering your loved one’s estate. You want to make sure things run smoothly and that the beneficiaries get their inheritance in a timely manner. But the process can be tricky — probate often takes time...