When a loved one passes away, their family often faces a critical legal process known as probate. This procedure involves settling the deceased person's debts and distributing their assets according to their will or state law. If you are the designated executor or...
Memphis, Tennessee, Law Blog
When is downsizing your home appropriate?
So, the kids have left home to live on their own, and you are all alone with your spouse. The house feels empty, and the silence echoes in the rooms. You want to move to a smaller home, but your spouse wants to keep the house in case the grandkids visit. Can you...
Landlords beware: These actions can get you in trouble
Renting out a property can be a very lucrative business in Tennessee. However, if a tenant does not pay the rent or habitually misses out on payments, it can harm operations. If a landlord decides to one day take matters into their own hands and deal with a non-paying...
Is guardianship an option for vulnerable Tennessee adults?
Advanced age and a variety of different medical challenges can leave people somewhat vulnerable. Those who have physical health conditions or age-related medical challenges, like Alzheimer's disease, may find it difficult to live independently after a certain point....
How can landlords comply with eviction and fair housing laws in Tennessee?
No landlord expects an eviction when they start a lease contract with a tenant. However, various issues, such as consistent late rent payments, lease violations or property damage, could lead to this difficult decision. The eviction process is not just about dealing...
When can a buyer withdraw from a real estate sale?
Buying property may involve different steps and procedures necessary to keep the purchase financially and legally sound. It could be a significant commitment for the seller and the buyer. Because of the obligations and associated transactions, the entire sale can be...
Why does probate take so long?
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...