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October 2016 Archives

Estate planning joy comes from charitable giving

When it comes to planning an estate, there are many aspects of the process the people find depressing. Considering the details of one's death or physical incapacitation is not a joyful experience, but there is an estate planning approach that might make the topic far more palatable. For those in Tennessee who are committed to charitable giving, structuring charitable gifts within an estate plan can be a deeply rewarding thing.

Is the internet the best place to create one's will?

For Tennessee residents alive today, there has never been more access to information. It is now possible to go online and gain an overwhelming volume of information on virtually every topic. This is an exciting and exhilarating time, but it is also important to keep in mind that the internet cannot replace the skills and training of a legal professional. When it comes to creating one's will, old-fashioned face-to-face communication can yield a better result than online resources.

Structuring the acquisition of real property during estate planni

Many Tennessee families are fortunate enough to have been able to purchase a home. Incorporating that property into a comprehensive estate planning package is important, as a  home is often one of the most valuable assets held by a family or individual. However, the acquisition of real property after the owner's death can be a complicated matter.

Many voters concerned about proposed inheritance tax changes

With the general election right around the corner, many Tennessee residents are paying close attention to the promises and proposals made by this year's presidential candidates. The topic of inheritance tax changes is a particular area of concern for many families. Democratic candidate Hillary Clinton has proposed significant increases to the current estate tax law, which would require the nation's wealthiest families to pay significantly more than they would under the current rules.

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