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 Frantz, McConnell & Seymour, LLP | Feb 7, 2018 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TRUSTS AND ESTATE PLANNING, WILLS
In Tennessee, a person can leave his estate pretty much to whoever he wants.* Of course, when a person dies without a will, the State of Tennessee provides for how property is divided. See the blog article entitled, “When Aunt Becky Had No Will.” If a...
by Frantz, McConnell & Seymour, LLP | May 26, 2017 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TRUSTS AND ESTATE PLANNING, WILLS
An occasional question that comes up in drafting a will, is whether the person making a will can disinherit a child. The simple answer is that in Tennessee, parents can disinherit a son or daughter. No reason needs to be stated in the will. Some think they must leave...
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 Kevin A. Dean | Jan 10, 2017 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TAX, TRUSTS AND ESTATE PLANNING, WILLS
No one can predict the future, but it appears likely that we’ll see some major changes the federal estate tax law following President-elect Trump’s inauguration on January 20th. A repeal of the federal estate tax has been discussed, along with what I’ll call an...
by Kevin A. Dean | Nov 14, 2016 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TAX, TRUSTS AND ESTATE PLANNING, WILLS
No one has a crystal ball, but that does not mean we should not keep our eyes and ears open. Given the drama surrounding the 2016 presidential election, there is one certainty…there could be some MAJOR changes in the federal estate tax regardless of who wins the...
