Estate Planning

Ask anyone, and they would tell you they would rather have their parent than any inheritance. After all, no money in the world can replace the parent-child bond.  Still, even though most children understand that they will receive some legacy from their parents, few...

Many single individuals mistakenly believe that estate planning is only necessary for those with spouses or children. However, it is equally important for singles, particularly in Tennessee, where state-specific laws can impact how assets are distributed, and medical...

If you have a family business, you likely need a business succession plan. If you own a substantial amount of real estate, you may be deciding if you want to pass that to your beneficiaries or sell it and leave them the money. If you have significant financial assets,...

You likely put a lot of thought into choosing the person that you have designated to be your child’s legal guardian should something happen to you and your spouse or partner before your child reaches adulthood. Maybe you named one of your child’s grandparents, aunts...

Estate planning can be a sensitive process. Every decision you make will impact your legacy and loved ones. That's why it's recommended to work with different professionals to avoid costly mistakes.  So, should a financial advisor be among the professionals you hire?...

You likely know your children better than anyone else, including how they handle money. One child may receive a substantial inheritance and invest it for retirement or a rainy day. Another child, upon receiving their inheritance, will go out and blow it all on luxury...

An important part of estate planning is making regular updates every few years. Many people update their estate plans about every three to five years. This is about how long it takes for people to acquire new assets, such as real estate, property and investments. An...

A will contest can lead to lengthy court battles and emotional distress for your loved ones. Beyond the potential rifts in family relationships caused by disputes over your estate, a challenge to your will can delay the distribution of assets and result in significant...

You want the inheritance that you’re leaving to your children to be beneficial for them. You may be passing them tangible assets that they can use, like a family home. You may also just be handing down significant financial assets that you’ve saved up over the course...

A will provides instructions on how your assets should be distributed upon your death. Trusts manage assets according to your wishes. You can also utilize powers of attorney to meet your medical and financial needs.  Estate planning is an important process that all...