Rebuilding Your Tennessee Business After a Tumultuous Summer

Posted by John Crow | Jul 19, 2020 | 0 Comments

Many businesses throughout Tennessee have been thrown into tumult thanks to the global COVID-19 pandemic, social unrest, and the resulting economic hardships. As we look forward to the latter half of the year, there are still many unknowns. In this article, we provide some helpful resources that can rebuild your business after this tumultuous summer.

The Probate Process: Myths v. Realities

Posted by John Crow | Jul 18, 2020 | 0 Comments

It’s easy to feel overwhelmed when a family member dies. When it comes time to sort out the estate, the many different investments and properties can be hard to track—especially in an emotionally challenging time. Many people are worried about probate: the time it takes, the costs, the potential family fighting. But what’s the reality? In this article, we delve into some of the myths surrounding probate.

What Happens When You Die Without a Will in Kentucky?

Posted by John Crow | Jun 23, 2020 | 0 Comments

When someone dies without a will in Kentucky, state law control the distribution of assets. Many times, this distribution would not be what the deceased would want or prefer. In this article, we explain what happens to an estate should an individual die without having a will.

Estate Planning and Cryptocurrency: A Guide

Posted by John Crow | Jun 23, 2020 | 0 Comments

Financial experts have predicted that cryptocurrencies may dramatically increase in value over the next several years. If you are invested in these currencies, understand that they require unique considerations as they relate to your estate plan. Find out more in this blog.

What Is a Trust Protector, and Do You Need One?

Posted by John Crow | Jun 23, 2020 | 0 Comments

If you have heard the term trust protector, you may wonder what exactly that means. How does a trust protector work with a trust? Simply put: The trust protector's job it to make sure that your wishes outlined in the trust you created are followed. Find out more in this article.

What to Know Before Contesting a Will in Tennessee

Posted by John Crow | Jun 20, 2020 | 0 Comments

One of the most difficult things to hear is that your parent has passed away. Sometimes this loss can be exacerbated by the knowledge that you were cut out of the will. When this happens, here are a few things that you should consider before deciding to contest the will.

Six Mistakes That Can Make Probate Slower and More Costly

Posted by John Crow | Jun 20, 2020 | 0 Comments

When making an estate plan or a will, you aren't necessarily thinking about the legal details your heirs will endure after you're gone. But if you want to get your assets to your loved ones as quickly as possible and as intact as possible, it's a good idea to think ahead and avoid these six mistakes.

How a Tennessee Community Property Trust Works

Posted by John Crow | Jun 13, 2020 | 0 Comments

If you have investments or properties that have significantly increased in value over time a Tennessee Community Property Trust might be a great fit for your estate plan. This special type of trust can literally save you and your family thousands of dollars in capital gains taxes. Find out more in this article.

What To Do Know about Estate Plans after a Divorce in Tennessee?

Posted by John Crow | Jun 09, 2020 | 0 Comments

If you are going through a divorce take some time to update your estate plan. Chances are your life has changed dramatically and its important that your will, trust, and powers of attorney reflect these changes. Make time to remove your spouse as beneficiaries from your financial accounts and as beneficiary of your will or trust. After all, there is nothing worse than your assets going to your ex-spouse.

What Happens With Simultaneous Death in Tennessee?

Posted by John Crow | May 25, 2020 | 0 Comments

Simultaneous deaths of family members are some of the most common unforeseen events that can have substantial impacts on your estate plan. Failure to plan for those situations can create significant problems down the line. Learn how to best plan for simultaneous deaths in this article.

Got a Farm in Kentucky? Get an Estate Plan for It

Posted by John Crow | May 25, 2020 | 0 Comments

If you have a farm in Kentucky, you need a comprehensive estate plan to ensure that the farm is preserved after your death. Understand that estate planning for farms can be complex. Tax planning and directing who will control farm assets at your death is essential. Learn more about estate planning for farms in this article.

Are Your Medical Directives & HIPAA Releases in Order in Tennessee?

Posted by John Crow | May 24, 2020 | 0 Comments

When we become ill or face life-threatening medical conditions, we want to be assured that our healthcare wishes are followed. Many times, we do not want to place the burden on a family member to make decisions for us. We may not even trust certain people to make proper decisions for us. Advance healthcare directives help ensure your decisions are heard and eliminate worry over who will be in charge if something happens to you.

How to Write Your Own Will in Tennessee

Posted by John Crow | Apr 27, 2020 | 0 Comments

During a time of crisis, writing your own will can seem like an attractive option. Handwritten wills, called holographic wills, have to meet Tennessee's state requirements for the will to be valid. Before you start drafting your own will, make sure you know what you need to include and how to make your will a valid legal document.

How You Can Sign Estate Planning Documents in Tennessee During the Coronavirus Pandemic

Posted by John Crow | Apr 19, 2020 | 0 Comments

If you are seeking to prepare a traditional will, trust, or other estate planning document in Tennessee, understand that you must have a notary and two witnesses at the time you sign. Due to COVID-19, meeting with witnesses and a notary in person can be challenging. Fortunately, Tennessee has recently changed their law to allow the remote notarization and witness of wills and other such estate planning instruments.

How Kentucky Residents Can Sign Wills Without Physically Going to a Law Firm

Posted by John Crow | Apr 18, 2020 | 1 Comment

If you live in Kentucky and are considering preparing a will, trust, or power of attorney, you must have a notary and witnesses. During this time of the coronavirus pandemic, finding those essential persons can be challenging. However, with the passage of a new law in Kentucky, estate attorneys are able to conduct document signings through remote online conferencing.

What Happens to Your Horses in Kentucky after You Die?

Posted by John Crow | Apr 05, 2020 | 0 Comments

Kentucky is known as the horse capital of the world. Horses are loved animals, but they are also an investment to large extent. If you live in Kentucky and own horses, you need to decide whether you will care for them in perpetuity or sell the horses to boost the liquid value of your estate. Either way, the process is complex and to succeed to avoid probate, your estate plan must be specific and clear.

What is a Buy-Sell Agreement?

Posted by John Crow | Apr 02, 2020 | 0 Comments

Whether you’re the owner of a new business or of a mature company, the need for succession planning is the same. The future of your business is only as successful as the plan you have in place. One way to ensure the safety and success of your business is to create a buy-sell agreement for your business.

When It Comes to Trusts – You Have Options in Tennessee

Posted by John Crow | Apr 02, 2020 | 0 Comments

For people with a significant amount of wealth, trusts are often an important and advanced tool used in an estate plan. But you do not have to have a certain amount of wealth in order for you or your loved ones to benefit. Many people use trusts like credit-shelter and irrevocable life insurance trusts to minimize taxes and avoid probate. But there are other -- though not as well-known but just as useful -- trusts available. In this article, we identify some of those trusts.

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Your Legacy Matters

Your legacy matters because it is the impact you have on your family and community after you are gone. Your legacy is your story, it is what you leave behind. What do you care about the most? What are you passionate about? At Crow Estate Planning and Probate, our job is to protect what matters to you most. We want to make sure that the success you have had in your own life will be passed down to your children and generations to come.

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