Parham Estate Law

08/27/2026

A living will ensures your preferences for emergency medical care are clearly documented if you become unable to communicate. Setting up your advance directives early protects your wishes and eases the burden on loved ones. Learn what to include: https://www.nia.nih.gov/health/advance-care-planning/preparing-living-will

08/25/2026

A living trust keeps your assets out of probate court, but a will is still essential to appoint guardians for minor children. Pairing a trust with a backup "pour-over" will gives you complete protection. Learn the key differences between wills and trusts here.

https://www.willmaker.com/learn/living-trusts/trust-vs-will-do-you-need-both.html

08/21/2026

Will Vs Living Trust Difference

A will only takes effect after death and becomes official through the court process. Michael Parham explains that a living trust becomes active when signed, but must be properly funded by transferring assets like real estate and bank accounts into the trust so they can pass directly to beneficiaries without probate.

Click the bio link to watch the full episode.
https://bio.link/michaelparham

08/20/2026

Can a nursing home hold family members personally responsible for a relative's care bills? Under federal law, admission contracts cannot force caregivers to guarantee payment from personal assets. Learn how to review agreements and protect your estate

https://www.consumerfinance.gov/consumer-tools/educator-tools/resources-for-older-adults/know-your-rights-caregivers-and-nursing-home-debt/

08/20/2026

How Can A Trust Simplify Distribution?

A living trust can make asset distribution more flexible by centralizing everything under one plan instead of relying on multiple account designations. Michael Parham explains a case where a trust allowed a person to direct specific amounts to different relatives and charities.

With the trustee handling distribution according to clear instructions after death.

Click the bio link to listen to the full episode.
https://bio.link/michaelparham

08/19/2026

Protecting seniors requires vigilance. From identifying emotional neglect to leveraging legal protections like powers of attorney and ombudsman programs, here is what you need to know about preventing elder abuse.

Elder abuse is a silent problem that robs older adults of their dignity, security, and—in some cases—costs them their lives. Get the facts and learn how NCOA supports reauthorization and funding of the Elder Justice Act and elder abuse protections in the Older Americans Act.

08/19/2026

Can A Will Cause Problems?

Wills can create complications when they are not executed correctly under state law. Michael Parham explains that in Tennessee a valid will requires two unrelated witnesses, and notarization alone is not sufficient. Without a self proving affidavit, witnesses may need to appear in court, which can become difficult over time if the document is years old.

Click the bio link to watch the full episode.
https://bio.link/michaelparham

08/18/2026

Trusts can simplify complex family distributions. Michael Parham explains how they help carry out specific wishes with ease.

Click the bio link to listen to the full episode.
https://bio.link/michaelparham

08/18/2026

What happens to your assets if you pass away without a valid will? Dying intestate leaves major financial decisions to state probate courts instead of your loved ones. Learn how intestate succession works and why having a clear plan matters. https://www.investopedia.com/terms/i/intestate.asp

08/17/2026

Not everyone needs a trust right away. Michael Parham explains why a will may be enough for some young families.

Click the bio link to listen to the full episode.
https://bio.link/michaelparham