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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: Divorce, Domestic Relations, domestic relations attorneys, Family Law Attorneys, Featured Articles, law firm, Tennessee divorce attorney

Divorce Attorney | Chattanooga Tennessee Law Firm It goes without saying, divorce is a very serious action involving legal, emotional and financial issues.   Depending on the circumstances, divorce can be relatively simple, or extremely complex. Involving the division of marital assets (home, cars, investments, retirement accounts), alimony, child custody and child support.  Often times divorce leads to and involves other legal issues.  How do you choose the right divorce attorney to handle your case. Choosing the right divorce attorney involves some careful consideration. Consider the issues that will need to be dealt with in your divorce.  For instance, the divorce may result in the needRead More →

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In: Corporations, Estate Planning : Wills Trusts Estates

When starting a business one important issue to consider is how to pass the ownership of the business on to your heirs (spouse children, or others). One such way is to have a trust centered estate plan along with a corporation. You should seek the sound legal advice of an attorney experienced in starting a business and estate planning.Read More →

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In: Disclaimer Regarding Specialization, Estate Planning : Wills Trusts Estates

Wills and Trusts: Protecting your child’s inheritance. At Purple Law Firm in Chattanooga, Tennessee, our attorneys often encounter clients who have a child who is not in a good position to inherit money or property without “blowing” it.  Sometimes the child is involved in drugs, criminal activity, or just not responsible with financial matters. Other times the client is concerned about an issue with their child’s spouse, or what would happen to the inheritance in the event of a divorce. [weaver_show_if_mobile] Connect: (423) 899-0131| Email | Locate[/weaver_show_if_mobile] What instrument (legal document) offers the best solution to such a problem?  Is it a Last Will andRead More →

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In: Estate Planning : Wills Trusts Estates

Wills and Trusts, Which Estate Plan to Choose A “will” or Last Will and Testament, is a legal document familiar to most people.  However, what many people do not know is that a will primarily provides the probate court with your directions.  Although, the law has requirements regarding the enforcement of provisions in a Last Will and Testament, there are instances when a will can be modified by the court, excepted from or set aside.  And yes, in almost all situations a will must be formally probated, which means filed with the probate court and the distribution of estate property is then supervised by theRead More →