Estate planning represents careful, proactive steps while you can still make important decisions about your assets and the heirs that receive them. The process provides a much-needed “voice,” if not first-hand account in how money and property are distributed to...
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Brentwood Estate Planning And Business Law Blog
Estate Planning During Uncertain Times
The COVID-19 pandemic has created a new normal that sees people forced to adjust to significant and, in many cases, unprecedented change. From the simplest of tasks to the complexities that come with substantial, life-altering decisions, coronavirus continues to play...
Why should I consider establishing a trust?
When it comes to estate planning, there are a lot of options to protect your assets and pass them on to your heirs. Beyond creating a will, you may want to consider establishing a trust. A trust allows you to manage and hold assets in a trust fund. More and more,...
Tips for preparing children for their inheritance
Parents who plan to leave a legacy for their children often want reassurance that the gift will be distributed appropriately and well received. When a child is young, irresponsible or unpredictable, parents can understandably feel nervous about how that child might...
Now is the best time for estate planning
Life is unpredictable, especially when it comes to planning for tomorrow. There is no telling what the next day brings, and everyone needs to prepare themselves for it. People often overlook estate planning as something that can wait until their golden years. Life...
How estate planning can keep a family together
Estate planning is a safety net that many people rely on to execute their last wishes. Some people only consider this planning to be necessary for their golden years. Passing away without an estate plan can cause more problems than one might expect, though. When...
What to know about digital assets and estate planning
Tennessee is home to a rich music history – everything from country, bluegrass, rock and gospel artists have called this state home for generations. In the last several years, the music scene has changed drastically though. Most artists now have their lyrics and early...
Pre-2021 estate planning moves for high-net-worth individuals
Regardless of anyone’s political leanings, a connection exists between politics, the U.S. economy and estate planning. Estate planning attorneys saw an uptick in activity before the 2016 election for individuals wanting to protect assets. Given the uncertainty over...
Can conditional gifts be part of my estate plan?
Ideally, you would be able to trust that your children will be grateful for the shares of your assets that they receive when you pass away. They would use the funds and assets you leave them wisely to honor the hard work you put into earning them. In other words, they...
What to look for when it is time to review your estate plan
So you have met with an estate planning attorney and set up a comprehensive plan that will help your estate avoid taxes, protect your intellectual property and distribute your wealth to your loved ones as you wish. Congratulations! Just know that this is not the end...