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In: Coronavirus Pandemic Lawyer in Chattanooga, Estate Planning : Wills Trusts Estates, Featured Articles

Stay At Home Estate Planning  During this difficult time for all of us, we must adapt and overcome obstacles. The Corona Virus pandemic reminds us of the uncertainty of life. Also the need for preparation ahead of time. Are you prepared? Do you have an estate plan? A Last Will and Testament, a Trust? How about a Living Will – advanced directive? Power of attorney for health care or general power of attorney? The Need for Estate Planning If you answered no to any of the above questions, you need to act. Likewise, if you prepared such documents years ago you need a review forRead 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: 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 →