What You Should Know About the Conservatorship Process

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What You Should Know About the Conservatorship Process

Seeing a loved one lose their ability to live independently or manage their own affairs is heartbreaking. Whether they’re mentally incapacitated or suffering from a disability, your loved one is vulnerable. But you can do something to protect them. In this blog, we explain what you need to know about Tennessee’s conservatorship process.   What Is...

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Estate Planning for Second Marriages

Categories: Estate Planning

An arguing married couple and a sad child.

Second marriages are an opportunity to start again. They’re also a perfect time to evaluate and address your assets and your future. Remarrying impacts not only your family structure but also your finances, goals, and responsibilities. Estate planning for second marriages is a critical part of protecting your future together and should be done with...

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Estate Planning for Parents of Special Needs Adult Children

Categories: Estate Planning

Discussion of estate planning for parents with adult children who have special needs.

Parents of disabled children have unique estate planning needs. How they plan can greatly impact their child’s eligibility for public benefits and overall quality of life. Estate planning for parents of special needs adult children must be done strategically and thoroughly to achieve the best result. At Batson Nolan PLC, we can help you create...

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Exempt v. Nonexempt FLSA Current Salary Thresholds and Duties

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Understanding an exempt v. nonexempt FLSA current salary thresholds and duties.

Federal law gives rights to employees regarding pay. These rights come from the Fair Labor Standards Act (FLSA). These rights extend to government and private employees, but they do not extend to everyone. Employees who do not have wage rights under the FLSA are “exempt” employees. If you have concerns about employee wage rights under...

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Why Corporate Governance Is Important to Professional Corporations

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Why Corporate Governance Is Important to Professional Corporations

Strong corporate governance policies can be the glue that holds your business together. Good governance can help business owners develop trust between employees and managers, as well as foster excellent communication between owners and other stakeholders. Developing coherent corporate governance policies not only gets your company started on the right foot, but also creates a...

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DOL and IRS Independent Contractor Test

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A woman reviewing about being an independent contractor vs being an employee.

Whether a worker is an employee or an independent contractor is an important question to answer. Correctly answering this question is crucial for both businesses and workers. If a business or worker fails to correctly classify the working relationship, there can be steep implications at the local, state, and federal levels. To help make sure you...

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Understanding Due Diligence in Business

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Understanding Due Diligence in Business

Buying and selling goods, services, and even businesses is how companies get ahead these days. And in this digital economy, it gets easier and easier to find out virtually anything about anyone. That said, there will always be a role for good, old-fashioned due diligence in business. Simply put, some transactions are too valuable and...

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Probate Worries: How Much Does It Cost?

Categories: Estate Planning

Probate Worries: How Much Does It Cost

Probate is a time-consuming process that comes with certain fees. Although not all estates have to go through probate, for those that do, the expenses for this process can be substantial. So how much does probate cost in Tennessee? We’ll answer that question and more below. When Is Probate Necessary? How much is it to...

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Is Probate Needed When There Is A Will?

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Is Probate Needed When There Is A Will

Probate can be a time-consuming and expensive process. Fortunately, not all estates have to go through probate. After a loved one dies, is probate necessary when there is a will? Not necessarily. In this blog, we’ll explain how probate works, when it is required, and when it is not. What Is Probate? Before discussing when...

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Power of Attorney: Why and When You Need One

Categories: Estate Planning

Power of Attorney: Why and When You Need One

A power of attorney is an important part of any estate plan because it anticipates situations where someone becomes incapacitated or disabled. This document can protect your medical and financial interests if you no longer can. There are many types of powers of attorney, and each serves a different purpose. So why do you need...

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