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February 2018 Archives

Being transparent with estate planning saves families

Countless Tennessee residents never take the time to create an estate plan, and it leaves their family in chaos after they're gone as potential heirs and relatives squabble over how the estate should be wrapped up and distributed. However, of the more responsible Tennessee residents who finalize their estate plans, it's surprising how many fail to take one vital step that can help ensure the peace and sanctity of their families after they're gone. This vital step involves being transparent with their plans.

Is a trust necessary to avoid taxes?

We work our entire lives to save money, build our estates and leave a legacy behind to our children. The thought that a massive chunk of our estate will get consumed by the government can be particularly troubling. As such, estate planning lawyers have devised a host of strategies that can help families reduce their estate tax burdens over the years. But are these strategies even necessary in 2018?

Estate dispute: Elvis Juice gets to keep its name

A British beer company has been making beer with the moniker Elvis Juice, and the estate of Elvis Presley feels that they are hijacking the King of Rock's brand. The estate of Elvis Presley launched a lawsuit against BrewDog, a beer company that produces the beer called Elvis Juice. BrewDog recently won the lawsuit and it will get to continue using the name.

Prince's estate wins battle to prevent the release of music

Prince fans and those interested in estate planning law have been paying close attention to the difficulties experienced by the heirs of the late pop musician. There have been numerous battles between people who claim to have the right to inherit part of Prince's estate and also between various business people who claim to have a right to part of Prince's estate. The fact that Prince died without finalizing a will or estate plan has made the navigation of his estate and the probate process exceedingly complicated.

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