Facebook Twitter LinkedIn If you have a business, you might have a surety bond. If you are a consumer, you might need to make a claim against a surety bond. Here’s all the information you need to know about surety…
A notary public is someone who acts as a witness to the identity of a person who needs to get an official document signed. A notary can also:
- Administer oaths
- Take depositions, affidavits, and acknowledgments
A Tennessee notary public must be commissioned or licensed in their county of residence, but they have statewide jurisdiction (and they are state officials) so they can notarize within any county in their state.
Ready to become a notary public in Tennessee? First, you’ll need to get Tennessee Notary Public License and Tennessee Notary Bond. Here are the steps you need to take to become a notary in TN:
When an individual cannot manage their financial affairs, a Conservator might be appointed.
A Conservator is a court-appointed fiduciary who takes care of real estate, manages bank accounts, and handles investments for an individual who can no longer manage those on his/her own.
To ensure a Conservator follows through with their duties, the court might require the Conservator to get a Conservatorship Bond.
To understand Fiduciary Bonds, it is important to understand what, or who rather, a fiduciary is.
What is Probate?
The term probate refers to a legal process that governs the distribution of a person’s assets upon their death. The probate process includes:
- Finding the will and giving it to the probate court
- Assembling all of the deceased’s property
- Having the deceased’s property appraised
- Paying any debts still owed by the deceased
- Paying estate and property taxes
- Paying for funeral arrangements
- Distributing the deceased’s property
The probate process helps an individual transfer and disperse of assets in an orderly and supervised manner. One way to think about the probate process is that it acts as ‘the script’ for how things go after an individual passes away.
Want to learn more about the probate process? Check out this post on how the probate process works.