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Memphis, Tennessee, Law Blog

What will happen to the family home during a divorce?

On Behalf of Crislip, Philip & Royal | Jul 23, 2021 | Divorce

One of the most difficult aspects of divorce is the division of valuable marital property. This may include the family home, and it is possible both parties want to retain this asset either for themselves or for the children. It is not always prudent for a spouse to...

What are required disclosures for a residential home purchase?

On Behalf of Crislip, Philip & Royal | Jul 21, 2021 | Real estate transactions

Buying a home is a significant legal and financial transaction. A buyer has the right to know details regarding the property he or she is purchasing, and the law requires that sellers disclose certain types of information. This information can help a buyer make a...

Remarriage means updating an estate plan

On Behalf of Crislip, Philip & Royal | Jul 20, 2021 | Family Law

A second or subsequent marriage will necessitate changes and updates to long-term planning strategies. An estate plan should reflect new needs and goals in a person’s life, such as caring for children from a previous marriage and more. This is why it is prudent and...

Smart moves in a competitive real estate market

On Behalf of Crislip, Philip & Royal | Jul 17, 2021 | Real estate transactions

Buying a home is a major investment of time and money, and a buyer would be wise to make sure his or her decisions will make sense long-term. In the competitive Tennessee real estate market, it can be tempting to move as quickly as possible. Before doing this, it is...

Why does the probate process take so long to complete?

On Behalf of Crislip, Philip & Royal | Jul 2, 2021 | Probate

Settling the estate of a loved one after he or she passes away can be complicated and sometimes confusing, especially probate. Probate is the process of paying off remaining debts, locating beneficiaries and ultimately distributing estate assets. This process can be...

Potential issues that may arise when buying a home

On Behalf of Crislip, Philip & Royal | May 27, 2021 | Real estate transactions

There is much more involved with purchasing a house than finding one a Tennessee buyer likes and making an offer. This is a complex legal and financial process, and there are many issues that could arise that may stand in between a buyer and his or her desired goals....

Are you in charge of settling a loved one’s estate?

On Behalf of Crislip, Philip & Royal | May 23, 2021 | Probate

After the passing of a loved one, Tennessee family members have the responsibility of settling his or her estate. This means paying remaining debts, gathering assets and then distributing remaining assets according to the terms of the will. This process can be...

Options after buying a house with unknown defects

On Behalf of Crislip, Philip & Royal | May 18, 2021 | Real estate transactions

Purchasing a home is an exciting step for a Tennessee family, but this excitement can quickly turn into stress and uncertainty if there are problems with the home. Part of the homebuying process includes a required disclosure of defects in the home, but it is possible...

Understanding the complexities of the probate process

On Behalf of Crislip, Philip & Royal | May 2, 2021 | Probate

When a family member passes away, loved ones hold the task of settling his or her estate. This means locating assets, determining their value, paying off remaining debts and more. This is probate, and it may be helpful for a Tennessee family to understand what to...

Assistance with negotiating a commercial lease

On Behalf of Crislip, Philip & Royal | Apr 16, 2021 | Real estate transactions

It can be difficult to locate an acceptable commercial property in the right location and for the right price. That’s why it’s tempting for a Tennessee business owner to act quickly after finding a space that will suit the needs of his or her business. Before signing...

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