Many have heard the words and may have an idea of what they mean. Pro bono is Latin and it means “for the public good.” When Lawyers provide pro bono work it means they provide legal services without pay. Lawyers are encouraged to undertake cases pro bono to help those that cannot afford to hire an attorney. The Tennessee Supreme …
Estate planning crucial for single professionals
For many people, starting a family is one of the first signs of becoming an adult. If a couple has children, often the parents will take the time to meet with an Estate Planning Attorney to create an estate plan so that the kids will have someone to care for them if something happens. What about those individuals who do …
Understanding the influence of designated beneficiaries
When people begin the process of estate planning in Brentwood TN, one of the first things they do is make a list of all of the people they wish to be beneficiaries in their will. Often, the people who are chosen are important to them or have had considerable influence in their life. As such, they wish to make these people a …
What is a non-compete agreement?
When forming your business and setting up all its aspects, you may have certain secrets or things you wish not to be shared outside the company. These things usually play an important role in the operation of your business and may give you a competitive edge. However, once you begin hiring employees, these secrets are at risk of being exposed …
How do I set up a trust for my newborn?
As a new parent, you want to do everything in your power to provide a good future for your child. If you have an estate plan or in the process of estate planning, one thing you may look to do is set up a trust for your new baby. Often referred to as a trust fund, this type of planning is not …
Should estate plans change with new law?
Estate plans have to be altered and changed over the years to ensure they align with laws and your needs. Recently the estate tax laws were changed at the federal level. These changes may affect you if you are a high-income earner or have a large estate in Tennessee. Basically, this means it is time to review your estate plan …
Creating a well-written contract that provides value and benefits
For churches in Tennessee, the value and presence of written contracts is important to provide protection to the organization’s fundamental components. With clearly articulated guidelines in place, church facilities can operate with the confidence that their agreed-upon terms are being honored. Often, the challenging part for churches is figuring out which vital components of a contract must be considered. Others …
Suggestions for effectively managing a non-profit organization
While the idea of beginning a non-profit organization is appealing to many people, running a successful organization is an entirely different story. Non-profit organizations have unique laws they must abide by and certain characteristics that are important to recognize in order to successfully operate. When people are interested in creating a non-profit, they will benefit from having a basic education …
How can you be an ideal stepparent?
Getting out of an unhealthy relationship can be challenging and leave you wondering if your life will ever be quite the same. Then, you meet someone special and begin to enjoy a new, exciting and rewarding relationship. However, with this adventure comes a new set of challenges as your significant other has children of their own. Now, your mind begins …
Protecting finances and long-term security during a divorce
When people decide to get divorced in Tennessee, one of the major hurdles they will face is separating their finances, reassessing retirement accounts and benefits, and reestablishing financial independence. Individuals who take a proactive approach to getting their finances in order and modifying their spending habits to reflect their relationship changes, will most likely face a much more successful financial …