Do I Need a Will?

One of the most frequent things I hear from potential clients is “I don’t have much, so I don’t need a will.” If you do not have substantial assets, then you may be wondering if this is true. Read More


Simple End of Year Tax Planning and Wealth Transfer Tips

Believe it or not, the end of 2020 is quickly approaching (insert collective sigh of relief). While I think most of us are ready to start looking forward to 2021 and would prefer to not even have to utter the words 2020 anymore, now is the time to finish off the year strong by reviewing simple, yet important, year-end tax planning and wealth transfer tips.  When most people think of tax planning and wealth transfer, they may have in mind complex estate planning documents and an overload of legal and accounting advice.  But that doesn’t have to be the case.  Here are three simple tips that you can implement with relative ease, though you will want to consult your tax advisor first. Read More


Attorney David Anderson joins CASA board

Attorney David Anderson joins CASA board Read More


ELPO staff pitch in for United Way’s Day of Caring

ELPO staff pitch in for United Way's Day of Caring Read More


How to give money without getting a tax headache: Part 1

By Nathan Vinson, Attorney English, Lucas, Priest and Owsley, LLP It’s a generous time of year. There are donations making their way to non-profits, and checks being written in lieu of gifts to family members. If you prefer to give money rather than gifts to children, grandchildren or others on your list, there are a few things you need to know before you write that check. We’ll address just giving to your children in this blog post; we’ll address giving to charities in part two later this month. The main point: your gift can trigger your obligation to file a gift tax return if you aren’t careful. We’ll walk you through who you can give to, how you can give and how much you can give. Here’s the official information from the IRS. Read More


Tennessee Court allows estranged husband to bring wrongful death suit but allocates of proceeds to back child support

Depending upon the law of the state in which a person dies, it may be possible for his or her survivors to file a wrongful death lawsuit, a survival action, or both. Typically, state law also dictates who has the right to file suit, the appropriate lawsuit(s), the types of damages that may be sought, and how the proceeds will be divided among the various interested parties. Difficulties sometimes arise in identifying the proper party to bring the suit. When this happens, it is up to the trial court judge to apply the law to the particular facts of the case. If any litigant is dissatisfied with the judge's ruling, he or she may seek relief in the court of appeals, or thereafter the state supreme court. Read More


Choosing a potential guardian for your children in your will

By Elizabeth McKinney, Attorney and Partner English, Lucas, Priest & Owsley, LLP Estate planning often involves thinking about things you’d rather not, and perhaps the most unpleasant of tasks is to consider who you’d appoint as guardians for your minor or special needs children in the event of your death. Read More


Titling a bank account: why it matters

Estate law By Nathan Vinson Attorney, ELPO Law It’s a fairly simple act to add someone as a second account holder on a bank account. Usually, a visit to the bank with both persons and signing a few pieces of paperwork is all it takes. We often see clients add an adult child as a co-owner of a bank account, thinking this will make things easier for them should the child ever need to pay bills on their behalf. There’s a problem, though, with adding someone as an equal account holder. Upon your death, the survivor can keep all of the money in that account. It bypasses probate and does not become part of the estate. Read More


Six Things to Do When You Have a Child

Having a child can be exciting (and stressful).  Probably the last thing you might think to do when having a child is to update an estate plan, but it’s absolutely necessary.  Here are 6 things to consider when you have a child. Read More


Shelley Chatfield joins Center for Courageous Kids Committee

Associate Shelley Chatfield recently joined the Advocacy Committee of the Center for Courageous Kids, a dynamic organization in Scottsville, Ky., that holds camps for medically fragile children and their families. Read More