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"Probate is the formal legal process that gives recognition to a will and appoints the executor or personal representative who will administer the estate and distribute assets to the intended beneficiaries." Learn more about the process here:
https://www.americanbar.org/.../estate.../probate-process/ #TennesseeEstatePlanning #TennesseeProbate #TennesseeAttorney
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Do you have a health care directive? Do you know what is is used for and why it is important? It is a legal written document regarding your preferences for medical care if you are unable to make decisions for yourself. Learn more about health care directives here.
https://www.mayoclinic.org/healthy-lifestyle/consumer-health/in-depth/living-wills/art-20046303 I also have a link to MN, SD, and TN health care directives on my site. It’s already April! Have you taken care of your estate planning? Check out this article to learn about some things to consider when getting your estate planning documents executed or updated this year.
- Major changes in your finances, health, marital status - Up to date Power of Attorney and Health Care Directive - Financial gifts - Taxes - Retirement - Business succession #EstatePlanningAttorney #TennesseeEstatePlanning #TennesseeProbate #MinnesotaEstatePlanning #TexasEstatePlanning #SouthDakotaEstatePlanning https://www.forbes.com/sites/martinshenkman/2023/12/26/estate-plan-in-the-new-year/?sh=7e1d957c5840 Many clients think estate planning is a "daunting undertaking," is only for the rich and costs a lot of money. However, none of these are necessarily true! Roughly 26% of adult children would rather deal with their parents' estate after they pass than talk about finances when they are still living. Do your loved ones a favor and spend the money now to make their life easier after you pass.
https://www.cnbc.com/2023/03/10/3-things-most-people-get-wrong-about-estate-planning-advisor-says.html What is a Power of Attorney and how can you benefit from having one?
https://beyondthewill.blog/2022/11/16/how-appointing-an-attorney-in-fact-can-benefit-your-life/#page=1 There are so many delicious recipes to enjoy this fall. Check out some of these dishes that will make you feel cozy and warm.
https://www.allrecipes.com/article/these-foods-taste-best-in-november/ What option is best for YOU? Learn more about the difference between Wills and Trusts here:
https://www.forbes.com/sites/bobcarlson/2019/08/28/wills-vs-trusts-which-is-best-for-you/?sh=6a6492f47abd Do you love to read? Have you always wanted to discuss your favorite book with some cool people? Check out Oprah’s article regarding how to start your own book club! https://www.oprahdaily.com/entertainment/a27569720/how-to-start-a-book-club/
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