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In: Estate Planning : Wills Trusts Estates, Legal Terms

Tennessee General Power of Attorney and the Hazards In Tennessee. a Durable General Power of Attorney is a very powerful legal document that appoints a person or persons to act on your behalf in any matter.  The “Attorney-in-Fact” can do anything that you can do, including buy, sell or mortgage property, open or close financial accounts, write checks, etc.  A power of attorney grants awesome authority to the attorney-in-fact and should be used with extreme caution. In a recent estate case which was tried in the Chancery Court of Washington County, Tennessee, the Chancellor stated: [T]his is the worst estate and power of attorney caseRead More →

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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: Contracts, Contracts and Lease Agreements, Featured Attorney Lawyer

Fortunately, most people do not encounter an attorney because of divorce, criminal charges, or similar problems.  However, most people still encounter a lawyer at some point in their life.  If not, then perhaps they should.  Legal documents and contracts are a part of our everyday life in America.  If you have a cellphone, are buying a home, car or other valuable asset, or if you are renting a house or apartment, you have signed a contract or a lease agreement.  Probably without the assistance or legal counsel of an attorney.  Sometimes when entering a contract without a lawyer all is fine, often times it isRead More →