by Richard T. Scrugham, Jr. | Jul 13, 2015 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TRUSTS AND ESTATE PLANNING, WILLS
You strongly suspect that your deceased family member’s will was obtained, by another family member or individual, through “dubious circumstances.” How should you proceed? What is the legal basis to challenge a probated will in Tennessee, and what is the process...
by Sharon Potter | Jul 9, 2015 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TAX, TRUSTS AND ESTATE PLANNING
There are many reasons for considering the use of a Revocable Living Trust as part of your estate plan, which involves the creation and funding of a stand-alone trust agreement during your lifetime (a/k/a “inter vivos trust”) instead of creating trusts after your...
by Kevin A. Dean | Jul 2, 2015 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TAX, TRUSTS AND ESTATE PLANNING, WILLS
Because of Tennessee’s repeal of the State Gift Tax and the pending repeal of the State Inheritance Tax after January 1, 2016, you may have overlooked tax planning opportunities that exist in your current estate plan. A resident of Tennessee, or any other state, must...
by Sharon Potter | Jun 11, 2015 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TRUSTS AND ESTATE PLANNING, WILLS
Statistics show that we are living longer than previous generations and that we are more likely to experience a disabling mental or physical condition prior to our death. Appointing someone to manage your financial and medical affairs during such disability with a...
by Sharon Potter | Apr 8, 2015 | ESTATE PLANNING: BUSINESS, FAMILY AND PERSONAL, TRUSTS AND ESTATE PLANNING, WILLS
Problems can arise after the death of one spouse who has failed to plan or made no plans for the division and distribution of their assets, particularly if both spouses have adult children from a prior marriage. For instance, bank accounts and or deeds to real estate...
