We crave fast and simple in our ever complicated culture. We miss the days of Mayberry. However, Aunt Bea probably said herself, ‘nothing good ever comes quickly or easily.’ Or, ‘if you don’t have time to do it right, do you have time to do it twice?’ As irritating as...
The trustee is the person responsible for the management of a trust. He or she has a duty of loyalty, known as a fiduciary responsibility, for the beneficiaries of the trust. This places a legally enforceable standard of care on the trustee. The trustee must Protect...
The Child Whether 2 or 82 years old, your child’s welfare is a major concern for you. Your special needs child may be able to maintain gainful employment, but they may not be able to live independently. You want to make sure that they are taken care of for the rest of...
Benefits The benefit of a Trust is to protect your family and assets, and to ease the process of settling your estate. A Trust is simply a set of instructions. The instructions explain what you want to happen with your estate for beneficiaries, debts, and taxes. It...
FollowFollowFollow Trust Basics and Trust Creation As the founding attorney at Elder Law of Middle Tennessee, I frequently have the opportunity to visit with clients and their families regarding whether the creation of a trust is an appropriate strategy for their...