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In: Contracts, Domestic Relations, Estate Planning : Wills Trusts Estates, Family Law Attorneys

The attorneys of Purple Law Firm recognize the delicate nature of the issues involved in a prenuptial agreement.  There are many misconceptions about a prenuptial agreement.  And the purposes for entering into such a written contract with your soon to be spouse.  A prenuptial agreement is a contract entered into before marriage.  It specifies in writing the intentions of the engaged couple.  The individual property of each person after marriage. And the conditions relating to joint or marital property.  A prenuptial agreement also dictates the rights of each spouse in the event of divorce or death. Why Have a Prenuptial Agreement? People are often wary ofRead More →

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In: Estate Planning : Wills Trusts Estates, Legal Terms

Estate Planning Attorneys in Chattanooga, TN When most people think about the term “estate” the mind conjures up images of an extensive manor home, perhaps a mansion,  and its property.  It would be fair to say that the common belief is that if a person has an estate then that person is wealthy.  In the legal arena the word estate typically means  the whole of one’s possessions – all of the property and debts of a person or a family.  In other words, if you own anything of value, then you have an estate.   It may not be extremely valuable, but it is an estateRead More →

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In: Estate Planning : Wills Trusts Estates, Legal Terms

Probate a Will in Tennessee In Tennessee if a person who dies has a Last Will and Testament then the Will typically must be administered in probate.  In order for the Executor to gain control over the decedent’s estate  the Last Will and Testament is filed in the Probate Court. The court officially declares the Will to be valid.  The Court supervises the administration of the decedent’s estate. A Last Will and Testament is a legal instrument which is a declaration of a person’s intentions in regards to the division and distribution of property after death. Unlike a Trust,  a Will is not a contract, therefore it mustRead More →