When creating a will, it's important to name an executor. While you can choose almost anyone you wish, don't overlook the fact that this person will be staffed with many responsibilities.
Estate planning is something many people don't like to think about but requires advance preparation. Establishing a trust provides you with multiple benefits, including comprehensive asset protection. Holding assets for your heirs in a solid legal document is important to protecting your legacy. Learn how establishing a trust can benefit you.
It goes without saying that bringing a child into the world is one of the greatest joys an individual can experience.
In coordination with Distracted Driving Awareness Month, AAA is warning drivers to avoid distractions while they are behind the wheel. According to AAA, distracted drivers cause more than 100,000 traffic accidents in the last five years in the state of Tennessee.
Planning for the future is an important part of keeping your family and your assets both safe, and estate planning is the time when you plan for the eventuality that everyone must face, by deciding exactly how your assets will be distributed after death. Your will does more than that, though. It also gives you the opportunity to plan out how you will provide for those closest to you after you are gone, and to name the people you trust to properly handle your final debts and conclude the final business of passing inheritances on to your beneficiaries. If you are looking to put together your first will, there is a short list of items you need to include, no matter who you are.
As one of our Tennessee readers, there's a good chance you understand the importance of creating a will. With this, you know that your assets will end up in the right place upon your death.