As you begin planning your estate, you might hear legal professionals advising you to bypass the legal process called probate at all costs. During this process, a court takes over the distribution of a person’s assets when they pass away. From validating the will to...
Why do lawyers advise you to avoid probate?
Bypassing the probate process may be one of the critical pieces of advice you will hear from lawyers and financial advisers when you start planning your estate. Probate is a necessary legal process where a court validates your will, settles your debts and distributes...
Protecting your interests as a landlord
It can be profitable to own rental property. For many, it is an easy way to earn passive income, but it is key to have stable relationships with tenants. Issues with the people living in your rental properties could become something much more involved than a simple...
Probate avoidance and other benefits of revocable trusts
A common stereotype about trusts is that they are only beneficial to wealthy families or those with many assets. However, trusts have some distinct advantages that can benefit nearly every Tennessee family. Revocable trusts, in particular, are some of the most popular...
