joins The Housing Hour this week to discuss the importance of Estate Planning. Estate Planning is the process of determining and arranging the wishes of an individual and the smooth transfer of their property accumulated over an entire lifespan. It helps remove the uncertainty and critical care decisions that occur when a loved one becomes ill. Regardless of the simplicity or complexity of your estate, everyone needs a plan. Estate Planning helps to focus the person’s goals to assure the best stewardship decisions when it comes to probate, taxes, wills, trusts and elder laws.
Terry Adams: Estate Planning
Terry Adams is a Navy veteran, entrepreneur and attorney. Adams is the founder and managing attorney of the Adams Law Firm and Admiral Title, Inc. Currently he sits on the Tennessee Bar Association’s Executive Committee for Sports & Entertainment. Terry Adams focuses his practice on negotiations, contracts and business litigation. Terry has been peer reviewed as a “Top Attorney” in several categories as published in Knoxville Cityview Magazine, including in 2013 in the categories of Real Estate Development & Financing Law, Business/ Commercial Law, and Sports & Entertainment Law.
Terry grew up in Nashville and is a graduate of the University of Memphis Law School and the University of Tennessee, Knoxville. Adams’ roots and experiences span the state of Tennessee. Now, he and his wife, Phillis, live in Knoxville. Terry is a former Certified National Football League Players Association Contract Advisor, a member of the American Bar Association, Tennessee Bar Association, and the Knoxville Bar Association. He served in the United States Navy Reserves for 8 years. Adams enlisted in the Navy during high school and went to UT on the Montgomery GI Bill.
Actively involved in the Knoxville community, Terry has volunteered countless hours to local budding entrepreneurs through his small business initiative. He also volunteers many hours of pro-bono legal services to those in need in the Knoxville area. In addition, Terry has served on the board of non-profit organizations including currently serving on the community advisory board for the Junior League of Knoxville.
Terry is licensed to practice law by the Supreme Court of Tennessee, United States Tax Court, and United States District Court, Eastern District of Tennessee. Among his many published articles he is the author of The Art & Science of Negotiation; Business Law: Representing the Whole Client; and Getting it Right When it Counts – Crisis Management and Critical Decision Making.
The Adams Law Firm, Inc. *Founder of the Adams Law Firm, a full service business, transactions and litigation law practice.
Tennessee Bar Association *Executive Counsel of the Sports and Entertainment Law Section *Legal Clinic and Legislative Committees
Admiral Title, Inc. *Founder and President of Admiral Title, Inc.
Political Experience *Helped candidates for the United States Senate and United States House of Representatives on issues regarding fundraising, campaign management, and substantive policy positions
United States Navy *Served and a NCO in the United States Navy Reserve. Service from 1989-1997.
University of Memphis School of Law, JD *International Law Society, *Criminal Law Society, *Sports and Entertainment Law Society
University of Memphis Law School Legal Clinic *Civil Litigation and Elder Law Clinics University of Tennessee – BA, Political Science *Study abroad in Budapest, Hungary & Madrid, Spain *Executive Undergraduate Program
United States Army War College *2008 attendee and new member of the National Security Seminar. Harvard Law School *Program on Negotiation (Program of Instruction for Lawyers) *Certificates in Basic and Advanced Negotiation
NFL Players Association Contract Advisor *2006 – Certified by the NFLPA as a Contract Advisor.
Better Business Bureau Arbitrator *Certified Arbitrator for the BBB-Auto Line
Affiliations *Sports Lawyers Association, American Bar Association, Tennessee Bar Association, Knoxville Bar Association, Tennessee Association for Justice, Community Advisory Board Member of the Knoxville Area Junior League