How can I benefit from a community property trust?
Residents of community property states have tax benefits that we, residents of Tennessee, lack. One of these benefits is that when one...
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- Feb 1, 2022
How can a beneficiary-controlled trust protect my legacy?
It is a huge relief to draft an estate plan that avoids probate and distributes your assets to loved ones and other beneficiaries. But...
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- Aug 2, 2021
Selecting a trustee for your trust
A trust can help protect your assets and assure that your estate is appropriately distributed to your family members. After you decide to...
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- May 11, 2020
Is a spendthrift trust right for your beneficiaries?
Your estate is an important legacy you can leave behind for your children. Because of the inheritance they will receive when you’re gone,...
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- Feb 2, 2020
Two key differences between an irrevocable and revocable trust
You can use a number of estate planning tools to achieve all sorts of goals. Some help to shield assets from creditors while others can...
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- Jul 25, 2019
What to consider when choosing a trustee
A trust provides you with enhanced control and protection over your hard-earned assets. Notably, a trust can protect your assets from...
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- Jul 25, 2019
Probate litigation can be spurred by many, diverse factors
The Tennessee probate process governs asset administration following an individual’s death. A common probate scenario spotlights...
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- Jun 18, 2019
New family member? Time to update your will.
It’s typical for most people to update their will every three to five years. However, some situations should kickstart this process....
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- May 1, 2019
Singular estate planning focus: distinct personal property
The relevant details surrounding an existing bank account are likely to be pretty clear when it comes time to administer a given estate....
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- Jan 23, 2019
When do beneficiaries get their inheritance or property?
Receiving an inheritance can be a great gift for anyone. It could be a sizable sum, a meaningful gesture or a significant responsibility...
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- Oct 2, 2018
Disinheritance: Is it always dramatic?
Disinheriting someone in a will can seem like a painful slight; a way to hurt someone or reinforce the message that there was no...
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- Sep 26, 2018
Preventing family feuds during probate with a solid estate plan
The probate process can put family members at odds with each other. Often, families fight over property, how to interpret a decedent’s...
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- Sep 5, 2018
Troubles arise when a trustee is distrustful
Administering a trust is a major responsibility. Whether the party in this role is an individual or an institution, it is crucial that...
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- Aug 28, 2018
What happens when someone passes away without a will?
Creating a will is something every adult should do, though many have not done it. Often, people put it off because it’s uncomfortable or...
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