by Richard T. Scrugham, Jr. | Nov 19, 2018 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TRUSTS AND ESTATE PLANNING, WILLS
Clients often ask me “Why do I need a power of attorney …. I am not sick, and I don’t want anyone to have that kind of control over me or my finances.” A “Power of Attorney” (or POA) is a document in which you appoint a specific person the authority to act on your...
by Richard T. Scrugham, Jr. | May 10, 2018 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TRUSTS AND ESTATE PLANNING
What is Probate? In Tennessee, probate is a process under state law by which a deceased person’s family (or beneficiaries) may present their loved one’s will to a local court to formally open an estate. The court then oversees the gathering of the estate’s assets, the...
by Richard T. Scrugham, Jr. | Jan 31, 2017 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TRUSTS AND ESTATE PLANNING, WILLS
In Tennessee, a Court may appoint a Conservator for a person who lacks mental capacity to handle his / her own affairs. But what exactly does a Conservator DO and what are the responsibilities of the job? There are two types of authority which the Court will normally...
by Richard T. Scrugham, Jr. | Jan 24, 2017 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, POWER OF ATTORNEY
All adults in Tennessee are legally considered to be competent and to have the ability (or capacity) to make their own decisions – about their finances and their own medical issues. However, sometimes an adult can suffer disability through a tragic injury, disease, or...
by Richard T. Scrugham, Jr. | Aug 19, 2015 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TRUSTS AND ESTATE PLANNING, WILLS
Who gets someone’s property when there is no will? I have had several clients approach me about a loved one who has died without a will ….. clients with questions about who gets what property, how real estate is handled, and whether probate will be required to...
