In Tennessee, like most states, estates frequently include the decedent’s firearms. There are legal concerns for the executor1 concerning distributing the firearms to beneficiaries or heirs of an estate. These can involve a beneficiary who is disqualified from...
No one can predict the future, but it appears likely that we’ll see some major changes the federal estate tax law following President-elect Trump’s inauguration on January 20th. A repeal of the federal estate tax has been discussed, along with what I’ll call an...
No one has a crystal ball, but that does not mean we should not keep our eyes and ears open. Given the drama surrounding the 2016 presidential election, there is one certainty…there could be some MAJOR changes in the federal estate tax regardless of who wins the...
What happens when a beneficiary kills the person from whom they would inherit property? Tennessee has what is sometimes called a “slayer statute” that addresses this issue: Tenn. Code Annotated §31-1-106 Any person who kills, or conspires with another to kill, or...
It has been widely reported that popular musician Prince died in late April without a Will or any estate planning documents–why should this matter to a Tennessee resident? The simple answer, if you die without a Will or other valid estate planning document, all...