Receiving an inheritance can be a great gift for anyone. It could be a sizable sum, a meaningful gesture or a significant responsibility that a person carries on. Under any of these circumstances, recipients can wonder when and how they will receive their...
Month: January 2019
What are the responsibilities of a trustee?
When a person sets up a trust as part of his or her estate plan, one thing that matters a great deal is who he or she selects as trustee. This is the party that manages the trust and handles distributions to beneficiaries. When it comes to serving this role, there are...
Report ranks Nashville one of the top places for startups
A recent report points to Nashville being a very attractive location for startups.The report, posted on Inc.'s website, scored the nation's 50 biggest metro areas in seven categories that touch on how good of an environment a given place is for starting a business....
Running a family business? Protect it from a potential divorce
People don't start businesses hoping they fail; they don't marry hoping to divorce. However, both are events that can happen when people take the plunge into marriage or business ownership.As such, it is crucial to take these possibilities into consideration and make...
Creating an estate plan: A valuable new year’s resolution
The beginning of a new year is a time when people reset their priorities and set goals to make the coming year better than the last year.These resolutions can help people improve aspects of their lives that require more than a quick fix. For instance, perhaps you...
Understanding how title to real estate affects your probate
When working on your estate plan, your financial planner and attorney will likely ask you the same question many times: "How is that asset titled?" How you set up your assets affects what happens to that asset after you die. Perhaps no asset is more complicated than...