Some financially strapped seniors who might need Medicaid for their long term care sometimes find that their assets and income exceed eligibility requirements to receive Medicaid coverage. To make sure that they do qualify, some seniors spend their assets down to...
estate planning
How can a trust help me with my estate plan?
There are many tools in an estate planner's toolbox to help them develop an estate plan that works for them and reflects their wishes. Trusts are one part of an estate plan that many estate planners may have questions about and not entirely understand. Estate planning...
Resolve to review your estate plan this year
Creating a will and an estate plan is just the first step in ensuring one's assets are distributed according to their wishes after their demise. To make sure that it takes into account changes in laws and life situations, it should be revisited every couple of years....
What to include in an effective estate plan
Estate planning is sometimes something that people shy away from but they should not. Having an effective estate plan in place can provide peace of mind for the estate planner and their family that they have everything taken care of to ensure assets are distributed...
When can I challenge a will?
There are a variety of reasons that may cause an interested party to challenge a will and if you have concerns about a loved one's estate, you may wonder when and how you can challenge a will. Will challenges are not generally terribly successful but there are several...
What is a trust and how is a part of an estate plan?
Trusts are an important tool that can be used as part of an estate plan or to help manage property during the estate planner's life. If you are considering a trust as part of your estate plan, you may have many questions about what they do and how to set one up....
What makes a will valid in Tennessee?
A valid will serves as an important foundation for any effective estate plan. Because there are rules associated with what makes a will valid, it is essential when estate planning for estate planners to understand the requirements for a will to be valid in Tennessee....
Estate planning is important for everyone
Though people may be reluctant to address estate planning needs, it is an important consideration that should not be overlooked. Effective estate planning can help down the road and save family members challenges during a time period that is already filled with...
The importance of an effective estate plan
There are several important components of a Tennessee estate plan that estate planners should be familiar. They should also be familiar with the value of having an effective estate plan, and the ways in which one can ensure their wishes are fulfilled and provide a...
Why you should frequently update your will
When it comes to the topic of wills and your estate plan, there are two lessons that everyone should know. The first is that you should have a will. It may seem obvious and even curt to say that, but it's the truth. It doesn't matter if you're younger or much older --...