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February 2017 Archives

Report: Tennessee number one for job growth in small businesses

It's understandable why people in certain regions of the nation would prefer to avoid any and all discussions concerning the Great Recession, which took an incredible toll on not just homeowners, but employers and employees alike. However, the chances of encountering such reticence are considerably less here in Tennessee, which not only weathered the economic storm remarkably well, but has since seen considerable growth.

The Four most important real estate documents

Securing your real estate for your descendants is one of the most important legal steps you will ever take in your life. So how do you plan to go about it? Simply having a last will and testament document is not enough to have a secure estate plan. Here are four documents that your plan needs which will determine what happens to your estate after you pass away:

Probate preview: What is the process all about?

Unless your loved ones take steps to avoid the probate process while creating their estate plans, you will likely find yourself going through such legal proceedings after their deaths. If a loved one appointed you executor of the estate, you may have a bigger role to play in the proceedings, but nonetheless, you may find yourself involved if you stand to inherit any property or face any other connection to the estate.

Hard money lending in the residential real estate sector

Most Tennessee home buyers seek a conventional loan based on their credit rating, income and down payment, but there are situations where they may turn to a hard money lender. The terms of hard money loans are generally far shorter than those of traditional mortgages, and this kind of financing could be useful for home buyers as well as for people who plan on selling their homes quickly.

Are you worried about how your kids will adapt when you divorce?

Did you know Tennessee has a divorce rate of approximately 90 percent? In fact, data suggests there are some state regions where the divorce rate exceeds the marriage rate. This lets you know you are definitely not the first parent to be concerned about how your divorce is affecting your children. Like most parents, you only want what's best for them, right? It's true that divorce is not easy and takes a toll on every member of the family in different ways.

What business owners should know about eminent domain - II

Earlier this month, our blog began discussing how commercial litigation is a somewhat nebulous term, encompassing far more than just contract disputes and shareholder disagreements. Indeed, we indicated that it frequently revolved around other legal issues that people typically don't associate with the business world, such as eminent domain.

Contact us today to learn more about how we can help you resolve your legal situation.

To discuss your specific situation and to learn more about how we can help, call us at 731-300-1592 or submit an inquiry via our online contact form.

Spragins, Barnett & Cobb, PLC
312 East Lafayette
Jackson, TN 38301

Phone: 731-300-1592
Fax: 731-424-0562
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