How Much Does Estate Planning Cost?

Categories: Estate Planning

how much does estate planning cost in Tennessee

Thinking about and planning for what happens to your assets when you pass away can be uncomfortable. But it is essential to put a plan in place to care for your loved ones and distribute your assets according to your wishes. If you do not have a plan in place, Tennessee’s default rules determine who...

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What Is Fair in a Second Marriage and Estate Planning?

Categories: Estate Planning

Second marriage and estate planning in Tennessee

Getting remarried can be an exciting time, filled with the promise of a new beginning and a brighter future. It’s not unusual to feel renewed hope and happiness as you start this new chapter. However, estate planning becomes more complex when you have a second marriage, especially if you have children. Estate planning means ensuring...

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Trust vs Will: Who Needs a Trust Instead of a Will?

Categories: Estate Planning

Estate planning. Who needs a trust instead of a will.

Deciding to begin the estate planning process is an essential step toward protecting your loved ones. An effective estate plan can protect your property while ensuring it is distributed according to your wishes. A well-crafted estate plan also helps you prevent unnecessary and costly conflicts among your loved ones. Many people put off planning their...

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Who Pays for Title Insurance in a Real Estate Transaction?

Categories: Estate Planning

who pays for title insurance in a real estate transaction?

According to Tennessee REALTORS, buyers looking for their next property have plenty of options, with over 32,000 homes listed on the market in Tennessee as of October 2022. But before you put in or accept an offer, you may wonder about what costs you will be expected to pay. For example, you may be curious...

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How Are Survivorship Life Insurance Policies Helpful In Estate Planning?

Categories: Estate Planning

How are survivorship life insurance policies helpful in estate planning

You may not know this, but life insurance can be an incredibly useful estate planning tool. One question our team frequently encounters is, “How are survivorship life insurance policies helpful in estate planning?” Survivorship or “second-to-die” life insurance policies can be used in various ways in an estate plan, including to help cover estate taxes....

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Trust Guide: What Are Revocable and Irrevocable Trusts? 

Categories: Estate Planning

Revocable and irrevocable trusts

Trusts are powerful estate planning tools that you can use to preserve your wealth, maintain your privacy, and provide for your family when you are gone. But if you’ve done any research on trusts, you may have heard about revocable and irrevocable trusts, leading you to ask, “What are revocable and irrevocable trusts?” In simple...

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My Parents Died Without A Will, What Should I Do?

Categories: Estate Planning

client talking to an attorney about parents will

Losing a parent is one of life’s most trying experiences. In addition to coping with your grief, you might be unsure what to do about your parent’s outstanding bills, home, and car. Even without a will, the law provides a way for property to be distributed to a person’s heirs. The attorneys at Batson Nolan...

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What to Expect in a Probate Court Hearing

Categories: Estate Planning

client consulting about what to expect in a probate court hearing

Losing a loved one is never easy. And dealing with questions of inheritance can make things even more emotional and challenging. Before you can claim a deceased family member’s assets,including their home or car, their estate must go through probate.  The probate court appoints a personal representative and resolves important issues regarding the estate. Loved...

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Can Dementia Invalidate a Will?

Categories: Estate Planning

client talking to attorney about dementia and will changes

As American life expectancies get higher, the number of people with dementia also increases. The CDC estimates that around 5.8 million people in the United States have some form of dementia. Without any medical breakthroughs, this number will likely grow to 60 million people by 2060.  Dementia tends to affect people late in their lives....

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5 Reasons Why You Need To Hire An Estate Planning Attorney

Categories: Estate Planning

5 Reasons Why You Need To Hire An Estate Planning Attorney

Many Americans over the age of 72 understand the importance of making plans for their family once they’ve passed on. Eighty-one percent of those aged 72 or older have an estate plan in place. Yet, only 4 out of 10 of all American adults have a will or living trust. Having a will is essential...

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