Legal Documents During Covid

Legal Documents During Covid

Getting legal documents signed during Covid-19 and social distancing orders might not be something that has crossed your mind yet. While wills, trusts, health care directives, powers of attorney, and legal guardian nominations are on many of our hearts and minds as...
Three Health Care Documents You Need to Include in Your Estate Plan

Three Health Care Documents You Need to Include in Your Estate Plan

Decisions about your health care are some of the most important you will ever make. Don’t put off making plans until you are unable to assert your wishes. Including health care documents in your estate plan can ensure your decisions are always your choice, even if you...
What Women Need to Know About Estate Planning

What Women Need to Know About Estate Planning

Women outlive men, make less during their careers and have less in savings due to pay discrepancies and time taken out of the workforce to raise their families. Here are a few things that women, in particular, need to know about estate planning: Minor children can be...
Basic Estate Planning Task

Basic Estate Planning Task

With the federal estate tax exemption at $5.49 million for 2017, many people think estate planning is unnecessary. But there’s one thing ALL adults over the age of 18 need to look at, regardless of estate taxes: beneficiary designations. This is an essential and basic...
5 Reasons Why

5 Reasons Why

Creating an estate plan to protect your financial future and that of your family is just the first step in the estate planning process. Once those documents are executed, you will still need to review your plan annually to ensure it continues to reflect your needs and...

The Last Important Gift to Give Your Family

As hard as it is for all of us to plan for our deaths, doing so is one of the best things you can do for your family. Adding to their grief and pain by giving them no clue as to where to find your personal and business paperwork should not be a memory you leave...
Keep Your Family Out Of Court

Keep Your Family Out Of Court

Many people fail to create an estate plan because they don’t truly understand what is involved and therefore believe it is too complicated. But the real truth is that creating an estate plan during your lifetime is far less complicated than what your family will deal...
The Wealth Creation Trust

The Wealth Creation Trust

The perfect gift for your child or grandchild on the occasion of their birth, Bar or Bat Mitzvah, Sweet 16 or Quinceañera cannot be found in any store.  Instead, the hopes and wishes you have for your child (or grandchild’s) future can best be expressed with a gift of...

No Money is No Excuse

Contrary to popular belief, estate planning is not just about money or taxes. Far from it. Today, it’s more about protecting your assets for yourself and your loved ones, achieving your financial goals and safeguarding your health care. Money and taxes aside, here are...
Avoiding Family Conflict

Avoiding Family Conflict

Perhaps the phrase “avoiding family conflict” seems a little far-fetched when it comes to planning your estate. Unfortunately, money has a habit of bringing out the worst in people, even in the best of families. One of the most important reasons to get...
Updating Your Estate Plan

Updating Your Estate Plan

It’s hard to believe that people who spend a lifetime working hard to accumulate wealth spend little or no time planning for what will happen to it after they pass, especially if children are in the picture. Yet a recent Consumer Reports survey tells us that 86% of...
How To Leave Your Home To Your Kids

How To Leave Your Home To Your Kids

Many parents want to know the best way to leave a home to their children. Before you make a plan, you should first be sure that your children actually want the property. We have seen too many parents take on unnecessary financial hardship in order to keep a home as an...

Poorman’s Estate Planning

They call it the poor man’s estate planning. Put your child on the title to your deed and avoid probate.  Yet this poor man’s planning often ends up, well, poorly; and costing a lot more for the people you love. Here are some risks and solutions to this...
Power of Attorney

Power of Attorney

Power of attorney (POA) is a document that grants a specific person, called an agent, the authority to make important decisions on behalf of another person, called the principal. There are many different kinds of power of attorney. The scope of the authority the...

How to Fund Your Trust to Avoid Probate

A common estate planning mistake many people make – including celebrities like Michael Jackson – is not ensuring the Trust you have created holds all your assets. Unfortunately, many lawyers do not make sure this is properly handled for their clients because they are...
Protect Family Heirlooms

Protect Family Heirlooms

The passing of family heirlooms from one generation to another should be welcome tradition in most families, but unfortunately, this process can cause long-lasting family rifts if not done properly. There are many stories of families that have split over a silver tea...
Will vs Trust in Tennessee

Will vs Trust in Tennessee

A Will is one of the most basic Tennessee estate planning documents, and everyone should have one to make sure that there is no question about what would happen to your assets and kids if something happens to you. But there are some cases when having a trust in...
7 Reasons to Consider a Trust

7 Reasons to Consider a Trust

Do you consider trusts to be instruments of the wealthy? While it is true that many Americans of means have trusts to protect and pass their wealth, there are a number of reasons why trusts can also be useful for middle-class families. Here are 7 of them: Control...
Life Insurance Benefits and Your Heirs

Life Insurance Benefits and Your Heirs

How do you ensure that your life insurance policy will benefit your heirs? Not long ago, 11 major life insurance companies agreed to pay $763 million to the heirs of deceased policyholders after it was discovered the companies continued billing customers for their...
Dying Without a Will

Dying Without a Will

Dying without a Will? Most people know they need a Will. And many of them fully intend to write a Will… someday. But life is busy and the will keeps getting put off. Eventually, someday becomes never. In fact, nearly half of American adults will die without a...
Simple Estate Planning

Simple Estate Planning

Remember that old joke: How do you eat an elephant? Answer: One bite at a time. Here’s how we make Estate Planning simple. The truth about how you tackle any seemingly complex task, taking it one step at a time so as not to overwhelm yourself. Many people...
Checklist Before You Travel

Checklist Before You Travel

Booking flights and that great destination resort is where everyone’s mind goes when thinking about travel and vacations. And you are also planning for pet care, house sitting and someone to grab your papers and mail while you are gone. But it is also time to think...
Prince Left No Will

Prince Left No Will

Even after death, celebrities are highly publicized for their mistakes, many of which we make ourselves. A couple of years ago, superstar musician Prince died suddenly, leaving no will, and the management of his substantial estate fraught with legal complications and...