The best time to begin succession planning is before you need it. While it may not be the most urgent business task you complete in a day, it is an important task that should not always fall to the bottom of your to-do list.
When parents live in different states than their adult children, estate planning can become slightly more complicated. As a growing retirement destination, this is a reality for Tennessee residents. With family members across state lines, an individual may choose an out-of-state executor in their will.