May & Coup

May & Coup Civil Trial Lawyers In Mount Carmel, TN When you are facing a legal dispute, it is important to have a knowledgeable lawyer standing beside you to advise you and, if necessary, to act to protect your legal interests.

Rely on the seasoned lawyers at the Law Office of May & Coup in Mount Carmel, Tennessee for help with your legal matters. Our attorneys have over fifty (50) years combined experience in handling a variety of legal matters for clients seeking to enforce or defend their rights.

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One of the advantages of using a trust is that your secrets stay private. Probate lawyer Andrew Mayoras said, “It keeps your affairs – what assets you had and any family baggage – out of the court system and out of the public record.”


A major problem you can run into by preparing your will on your own is that it may be more easily contested. We can help you ensure you don't miss any legal requirements or have the will improperly witnessed.


Estate planning is a complex topic governed by state and federal laws that are constantly changing. That's why it's crucial to rely on an estate planning attorney who is required to be familiar with the changing laws in the field.


Did you know that no matter what your net worth is, it’s very important to have a basic estate plan in place? This ensures that your family is taken care of and your financial goals are met after you die.


Estate planning is part of being a good steward of what you’ve earned. After all, there are legal means to protect that wealth from the tax man after you’ve passed- why would you hand your hard earned money over to them when you don’t need to?


Danielle and Andrew Mayoras teach clients how to use celebrity horror stories to do the right thing when doing their estate planning. ‘We teach insurance get their clients engaged in dialogue about estate planning because it’s an often an uncomfortable subject to bring up," Andrew said.


It’s crucial that estate plans be periodically updated, especially since new laws are being enacted more frequently than ever. Estate planning is actually an ongoing activity instead of a one-time activity. An estate lawyer will provide accurate advice about all estate plan options, offer ongoing counsel, and review your estate plan.


Your estate includes all of your assets minus any debts or financial obligations. Examples of your assets include: anything you own in your name like bank accounts and real estate, and half of anything you own with your spouse.


Privacy is often critical when it comes to estate planning. The truth of the matter is that wills are a matter of public record. Creating a trust and titling your assets to the trust will help you to maintain your privacy.


What is a trust? At its most general level, a trust is a legal arrangement managed by a designated person (the trustee) who holds title to and manages the investments or property held in the trust.


Did you know that you can add a “no contest” provision to your estate plan? This can discourage any challenges to your estate plan once the will has been read and help ensure that your final wishes are carried out.


An attorney who deals in estate planning knows the ins and outs of both state and federal laws about governing estates. Having an estate planning attorney help you write up an estate plan reduces your estate and gift taxes, too.


You are free to leave property and assets to anyone you want, although in a community property state half of one spouse’s community assets must go to the other spouse. You can specifically list which child you want to receive certain assets, but if you don’t have a will, state law is used to determine how your estate is divided.


A Revocable Trust, also called a living trust, is one in which you have control over the trust and may make changes or terminate the trust at any time. Other benefits include tax savings and avoidance of probate.


Estate planning isn’t only to leave directions for your heirs. Attorneys with expertise in estate planning can help you to determine the options for long-term care if that becomes a necessity as you get older, and how to pay for those options.


In estate law, a private annuity is a means of transferring property by “selling” it for an unsecured promise to pay the original owner an income for life. The “sale” price is based on the fair market value at the time of the sale.


You and your spouse have probably spoken in depth about issues such as cremation or burial and end-of-life medical treatment. It’s a smart idea, however, to recognize that it’s impossible to know who will live longest. Experts recommend that everyone has a will that includes directions for end-of-life care.


Estate taxes have been around for thousands of years. Historians say the ancient Romans imposed a 10 percent tax on most property transferred upon death as early as 700 B.C.


Even if you own no property, you should consult an attorney about a will and other estate planning issues if you have children. You can direct who you want to take legal guardianship of your children should you die.


An estate planning attorney can help you draft official documents that can’t be disputed after you’re gone. A will is vital if you have young children, and you also need power of attorney for potential healthcare needs and financial matters.


Interested in donating money to a charity as part of your estate plan? Your attorney can go over the tax laws that apply to these donations and help you figure out the best ways to maximize your contribution (which may include setting up a charitable trust rather than a one-time donation).


Estate law can be complicated and confusing. Many people don’t realize, for example, that while the estate executor is responsible for ensuring estate creditors are paid with funds, the executor is not personally liable for debts associated with the deceased or the estate.


If you have a home and other property, an attorney specializing in estate planning can make sure your loved ones pay little or no inheritance taxes.


Did you know that there are legal ways you can protect some of your wealth from inheritance taxes that would otherwise eat away money that your family may need after you’re gone? A good estate planner can help you do just that!


Unfortunately, most Americans wait until their situation is dire before they ever consider their estate planning needs. When you’d rather have a stress-free experience with the whole process, there’s no time like right now to get started.


One of the main benefits of setting up a trust is for tax savings. The amount of money it costs to set up the trust is nearly always much less than what would have to be paid for probate or estate taxes.


Many people fail to come up with an estate plan, because they don’t think they have an estate to distribute; however, most of us do have some kind of estate. An estate includes everything you own: your home, your employee benefits, your business, and your life insurance.


Estate planning involves more than dividing up a large amount of property and assets. Experts recommend that everyone engage in estate planning, which includes vital actions like creating a will and power of attorney.


A living trust makes sure the right person has your best interests in mind, especially if you have a disgruntled family member. “A living trust can resolve some of the most common family conflicts that may arise in the inheritance area,” said California attorney Jeff Condon.


Should I consider having an executor who isn’t a relative? That depends on your personal situation, but many experts say it’s a good idea because it can be quite difficult for relatives to remain objective when making difficult decisions that affect themselves or other relatives.


It doesn’t matter what your net worth is—it’s important to have an estate plan prepared. This plan ensures that your family and financial goals are met after you die. As part of an estate plan, a will helps ensure your assets are distributed accordingly.


It’s important to have a qualified estate planning attorney to draft your estate planning documents. When dealing with a will or trust, any mistakes or missing signatures can change their entire intent.


A trust can be a particularly good idea for someone who is unmarried and doesn't have children, because it gives you security that your assets will be distributed exactly the way you want. It can also specify your wishes in the event that you become unable to make decisions yourself.


If you are concerned about your beneficiaries making good decisions when they receive their inheritance, a good estate plan can help. Here, we can write in provisions to steer inexperienced beneficiaries in the right direction.


Not sure whether a trust or a will is the right estate plan for you? A trust goes into effect immediately, transferring your assets so they can be distributed when the time comes. A will specifies what you would like done with your property after death. An attorney can help you figure out which one fits your unique situation best.


130 W Main St
Mount Carmel, TN

Opening Hours

Monday 08:30 - 17:00
Tuesday 08:30 - 17:00
Wednesday 08:30 - 17:00
Thursday 08:30 - 17:00
Friday 08:30 - 12:30


(423) 357-2244


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