The SafeEstates Blog

August 1, 2017

Does A Business Die When Its Founder Is Murdered?

What happens when the founder of a company dies unexpectedly?  Jim Miller founded Jim Miller Excavating Company, Inc.  in Sweetwater, Tennessee in 1990.  Jim operated the business until he was murdered in 2010 at age 60.  On the day of his death, he worked on an interstate highway project until dark, then attended an election commission meeting late in the evening.  He never made it home afterwards.  He died intestate (no will), survived by his spouse, Vickie, and his daughters, Mechelle and Jamie, from a previous relationship. Because he had no will, Jim’s estate passed by intestate succession to his...

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July 1, 2015

July 2015 Newsletter – Independence Day

Independence Day is the day we celebrate our independence as a nation.  I associate July 4th with fireworks, parades, homemade ice cream, watermelon, family reunions and baseball.  All these happy associations allow us to overcome the heat and humidity that accompany the celebration in Middle Tennessee.  I do not know whether I am related to the William Hooper of Wilmington, North Carolina who signed the Declaration of Independence.  I am not his direct descendant.  That does not keep me from pointing out that the Hooper boys have been in America a long time! If you have not done this in...

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January 3, 2014

Business Succession Plan & The New Year

Each January brings opportunity and optimism.  The New Year gives us a fresh start on life and causes us to look forward instead of backward.  Now is a great time for making decisions, setting short term and long term goals, and taking action toward achieving your goals. January is the birth month for Martin Luther King, Jr. (January 15, 1929) and Robert E. Lee (January 19, 1807).  Both were great leaders who sacrificed their personal welfare for a greater cause and inspired thousands to join them.  Dr. King inspired and unified a generation of Americans.  His impact on social justice...

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