Visa - MasterCard - American Express - Discover Network Visa - MasterCard - American Express - Discover Network

estate administration & probate Archives

Carefully consider the person you choose as executor

When you are creating an estate plan, you need to name an executor over the estate. This is the person who will handle your affairs when you pass away. This is a position that requires a person to have financial understanding and a willingness to get the job done in the best way possible.

Administering an estate can be complex

The weeks and months after the death of a loved one are filled with emotions. When your loved one died with an estate plan in place, you might be able to rest a little easier because you won't have to try to figure out how to divvy up the estate. Instead, you will have a plan to follow.

Debts in an estate are typically the estate's responsibility

The debts of an estate have to be dealt with by the estate administrator. There is a specific order that these must be handled in. All debts have a priority level for these cases. Knowing what should be paid first is important since the estate might not be large enough to pay off all the debts.

How can your estate avoid the probate process?

When creating an estate plan, you're sure to think long and hard about what will happen to your assets upon your death. Like many, you'll want to do whatever it takes to avoid the probate process. This goes a long way in cutting back on the amount of time it takes your loved ones to receive your property. Furthermore, avoiding probate is a great way to save money.

Don’t forget about these estate planning documents

When creating an estate plan, the first thing you may think about is a will or trust. While there is nothing wrong with this, you need to realize one thing to be true: There are many other estate planning documents that can give you peace of mind, both now and in the future.

There are many aspects of a complete estate plan

Many people think that estate planning is all about knowing where their assets will end up when they pass on. While it's important to have a will or trust that outlines your wishes, let's focus on the various other types of estate planning.

Our Commitment To Our Clients

Walden, Blair & Associates is committed to serving needs of the Athens - McMinn county area, including the neighboring counties of Monroe, Meigs, Bradley and Polk.

We strive to be as accessible, flexible, and available as our time and resources will allow.

  • TBA - Tennessee Bar Association
  • Tennessee State Courts - TNcourts.gov
  • Athens Area Chamber of Commerce
  • LAET - Legal aid of east Tennessee - Justice for all
  • Board of Professional Responsibility of supreme court of Tennessee