Estate Planning Newsletter – November 2017

December 27th, 2017   •   Comments Off on Estate Planning Newsletter – November 2017   

SHOULD PARENTS SET UP TRUSTS IN THEIR WILLS FOR ADULT CHILDREN?   With the Tennessee Inheritance Tax repealed, and the Federal Estate Tax having an exemption of approximately $5,500,000.00 and allowing a husband and wife to add their exemptions together, the use of trusts in estate planning (that were so prevalent a decade ago for… Read More

Business Transaction Newsletter – November of 2017

December 27th, 2017   •   Comments Off on Business Transaction Newsletter – November of 2017   

COURSE OF DEALING CAN CHANGE CONTRACT TERMS   In the case of Bull Market vs. Elrafei, the Court held that the terms of a promissory note were modified through course of conduct by the parties when the payee on the note accepted a pattern of late payments.  In the Bull Market case, Bull Market sold… Read More

Medical Malpractice Newsletter – Fall/Winter 2017 Issue

December 27th, 2017   •   Comments Off on Medical Malpractice Newsletter – Fall/Winter 2017 Issue   

How Long Does a Patient Have to Sue a Medical Provider for Alleged Malpractice in Tennessee? Physicians and other medical providers often wonder how much time must go by before a potential malpractice claim is time barred. Statutes of limitations and statutes of repose are set time periods that can preclude a potential claim due… Read More

Estate Planning Newsletter – October 16, 2017

October 20th, 2017   •   Comments Off on Estate Planning Newsletter – October 16, 2017   

COURT RULES ON BENEFICIARY OF LIFE INSURANCE POLICY   In the case of Estate of Charles Lane vs. Courteaux, the Court of Appeals reversed the Trial Court and ruled in favor of a designated beneficiary on an insurance policy.  The facts in the Lane Case were that Mr. and Mrs. Lane were married and had… Read More

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