Russ Cook & Associates, PC
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Brentwood Estate Planning And Business Law Blog

Franchise opportunities: always fertile ground for TN entrepreneurs

The United States commercial market is the largest and most varied in the world. It thus comes as no surprise that bright and enterprising individuals are always focused upon ways to enter it and profit from their creative energies.

That is certainly true regarding entrepreneurs across Tennessee having viable ideas concerning business creation and growth. Even a cursory survey of business expansion in pockets spanning the state reveals an evident vitality coupled with great future possibility. We noted in a recent blog post (please see our Russ Cook & Associates October 21 entry) that "Tennessee has emerged as a regional powerhouse for attracting new and already established businesses."

Benefits for incorporating trusts into an estate plan

Most people understand the benefits of a general estate plan. It protects loved ones from duking it over assets in court, and it also allows you to fulfill any final wishes after passing. However, most people aren't aware of the benefits that trusts provide.

Trusts are incredibly useful tools for any Tennessee resident, especially if you pick the right trust for your family. But what exactly do trusts provide?

The world has changed; so too has estate planning

Forbes financial writer Martin Shenkman makes a dated – though still relevant, for some – reference in a recent article on estate planning to a storied fictional family from yesteryear.

That mom, dad and two sons comprise the Cleavers, who most baby boomers will remember intimately well as perhaps THE sitcom family of the late 1950s through early 1960s. They live on eternally through television reruns.

Do new Tennessee parents need estate plans?

The legal team at the Middle Tennessee law firm of Russ Cook & Associates in Brentwood routinely advises its valued and diverse clients of the broad-based benefits they can receive by executing tailored estate plans.

In fact, we note on our firm's website that, "An estate plan is essential for everyone, regardless of stage of life or economic status."

Spotlighting a key contract for many Tennessee businesses

A company agreement focusing on “the functionality of internal affairs” is obviously a document of key importance for business principals.

That fact is underscored by the U.S. Small Business Administration. The SBA augments its above reference to that agreement with an online narrative underscoring why a carefully drafted operational agreement is vital for limited liability companies.

Passing along song copyrights with an estate plan

If you write and perform music, you have unique financial assets. If you are a full-time songwriter, you receive money from your songs' royalties. The copyrights you own for your songs ensure that you are paid for your music. When you plan your estate, you will want to know how to leave these rights to your children.

Estate planning can be a complex problem for anyone with high financial assets. But with songwriters, planning includes passing along the financial rights to their music. There are important factors to consider when planning how to pass your copyrights to your family.

Enhancing estate planning outcomes: wills and trusts together

It’s an often-posed query in the estate planning realm: wills or trusts?

Many individuals and families in Tennessee and elsewhere spend considerable time and effort contemplating the question. It is not an uncommonly held view to deem those two planning instruments as operating in completely separate and distinct spheres. Some people even view wills and trusts in an either-or fashion. That is, they believe that only one of them can logically feature in an estate plan. 

Flexibility and utility on display with estate planning trusts

A financial adviser recently writing an article for Forbes leads off with - and then quickly discards - the premise that trusts are relevant estate planning instruments only for families with bags of money.

Contributor Rob Clarfeld does note, of course, that trusts do routinely play a central role in safeguarding assets and promoting multigenerational wealth transfers. He stresses, though, that viewing them in that limited capacity undersells trusts' broad-based utility for planners with highly varied needs.

The relevance of nondisclosure agreements for some TN businesses

Experienced Tennessee business law attorneys routinely help commercial principals across the state create agreements that are critically important for their enterprises. The work that proven legal counsel does spans contract preparation, negotiation, review, periodic revision and, when necessary, enforcement.

What Our Clients Are Saying About Us

  • Star

    “I recently moved to TN from MN and needed to re-do my trust documents, including a pet trust, to be compliant with TN law, and to find an entity able to act as my trustee. Russ and his staff were able to answer all of my questions quickly and efficiently, and I am comfortable and confident in Russ's representation and that my new documents will act as they are intended, when the time comes. They even put me in touch with a trustee who was involved in the process as well, which was so helpful. This was a big item on my move "to-do" list, and I am so pleased to have it completed!”

    - Kim J.
  • Star

    “We would definitely recommend Russ and any of his Associates. They are all very professional, efficient and well versed in Estate Planning.”

    - Cheryl H.
  • Star

    “Experienced, Knowledgeable, Friendly, Professionals all work here. I'm grateful my parents used this firm to create and maintain their Trust throughout the years. Working with the folks at Russ Cook & Associates, primarily Alex, Debby and Trina made the process comfortable working through Probate, Estate assets and Executing the Trust.”

    - Kemp S.
  • Star

    “Excellent work. They worked with us and never allowed us to miss a deadline. We definitely appreciated their help and would gladly recommend them to anyone seeking help with their estate planning.”

    - Mark S.
  • Star

    “Everyone we came in contact with was wonderful. The staff and Russ treated us like family at all times.”

    - June S.
  • Star

    “Being new to the area having moved from out of state, I was searching for an attorney to assist in elder estate planning for my mother. I was referred to Russ Cook & Associates and found the firm as a whole and Russ Cook himself to be very helpful and accommodating to my needs, as well as experienced and very knowledgeable on the matter I was seeking assistance. I would definitely recommend Russ Cook and Associates.”

    - Brad H.
  • Star

    “Mr. Cook and his staff were phenomenal to work with on my will. They are extremely professional and friendly and made the process seamless. They go above and beyond!”

    - Amber C.
  • Star

    “Russ took the time to answer my questions by email, so that I knew exactly what would take place when I visited his office and his time as well as mine was used efficiently. I appreciated his thoroughness and his professionalism, as well as that of his staff.”

    - JoAnn G.
  • Star

    “Overwhelmingly positive experience.”

    - Stephen W.
  • Star

    “I have been a client for many years. Russ and his staff listen to our concerns, come up with a plan and help us act on it with guidance and professionalism. I'd highly recommend Russ Cook and Associates.”

    - Dr. S. D'Amico
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5141 Virginia Way
Suite 220
Brentwood, TN 37027

Phone: 615-200-9117
Fax: 615-370-5938
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Office Hours:
Monday: 8:00 AM – 4:30 PM
Tuesday: 8:00 AM – 4:30 PM
Wednesday: 8:00 AM – 4:30 PM
Thursday: 8:00 AM – 4:30 PM
Friday: 8:00 AM – 4:30 PM

Summer Hours Office:
8:00 AM - 1:00 PM on Fridays
May 24th Through August 30th

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