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    • James A. Crislip
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Memphis, Tennessee, Law Blog

How do I manage a loved one’s estate in Tennessee?

On Behalf of Crislip, Philip & Royal | Dec 10, 2024 | Probate

When someone passes away, their estate would typically go through probate. This legal process ensures the settlement of their affairs and that their assets will reach the designated beneficiaries. At the heart of this process is the executor, a crucial figure...

Should you use a quitclaim deed in your divorce settlement?

On Behalf of Crislip, Philip & Royal | Nov 29, 2024 | Family Law

Divorce often brings property division to the forefront, especially in the family home. For many Memphis couples, their house represents their most valuable asset. Quitclaim deeds frequently emerge as an option for transferring property ownership during a divorce. But...

Why should you set up a revocable living trust?

On Behalf of Crislip, Philip & Royal | Nov 4, 2024 | Probate

Imagine a future where you can protect your hard-earned assets and your family avoids the stress and delays of probate court. Establishing a revocable living trust can make this vision a reality. Whether you're planning for retirement or thinking about your family's...

How do flood zone regulations impact Memphis real estate transactions?

On Behalf of Crislip, Philip & Royal | Oct 22, 2024 | Real estate transactions

Memphis, known for its blues, barbecue and the mighty Mississippi, faces a unique challenge in real estate: managing flood risks. Some neighborhoods, like Harbor Town and Mud Island, are close to the river, while others, like Whitehaven, often get sudden floods....

Can you protect your children’s inheritance from risks?

On Behalf of Crislip, Philip & Royal | Oct 11, 2024 | Probate

Safeguarding your children's future is more than just passing down assets. It is about ensuring those assets remain safe and beneficial for your children in the long run. Unfortunately, there are several risks that can threaten your children's inheritance if you fail...

What sellers must disclose beyond physical defects

On Behalf of Crislip, Philip & Royal | Sep 23, 2024 | Real estate transactions

What lies beneath the surface can be just as important as what meets the eye when buying a property. Many people know sellers must reveal physical problems such as a faulty or leaky. Yet, they must also disclose less obvious issues that can impact a property's value...

Facing debts during estate administration

On Behalf of Crislip, Philip & Royal | Sep 11, 2024 | Probate

Discovering an outstanding debt during estate administration can be frustrating. As an appointed representative, you must navigate the complexities of settling these debts while managing the emotional toll of losing a loved one. Paying off debts: Steps and outcomes...

Why inventory and appraisal matter in estate administration

On Behalf of Crislip, Philip & Royal | Aug 28, 2024 | Probate

When you lose a loved one, you and your family would typically face profound challenges that extend far beyond coping with grief and loss. You must also navigate the legal complexities of administering the estate they leave behind. This legal process involves a...

When is property vulnerable to adverse possession claims in Tennessee?

On Behalf of Crislip, Philip & Royal | Aug 26, 2024 | Real estate transactions

Real estate is often the most valuable asset that an individual owns. Those who become homeowners often jealously guard their interest in their primary residence. The home where they live may be the single largest factor contributing to their overall personal wealth....

Is your estate plan ready for life after divorce?

On Behalf of Crislip, Philip & Royal | Aug 13, 2024 | Family Law

Estate planning extends far beyond signing documents that allocate your assets upon your passing. It is a dynamic process that should grow alongside the changes in your life, especially significant milestones like the end of a marriage. Going through a divorce can be...

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