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. These are just a few reasons why it is important for you to know the following about estate planning: Minor...

The Basic Estate Planning Task EVERY Adult Needs to Review Today

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. You would be amazed at how...
5 Reasons Why You Need to Review Your Estate Plan

5 Reasons Why You Need to Review Your Estate Plan

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...

The Wealth Creation Trust: A Gift That Keeps On Giving

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...

How to Avoid Family Conflict When Making an Estate Plan

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 your Tennessee estate plan handled is to keep your family out of conflict. And, yet, without the right counsel, your estate...

For Estate Planning, There is No Fix –It-And-Forget-It

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

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...
Power of Attorney – What is it and Is it Enough?

Power of Attorney – What is it and Is it Enough?

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...
How to Protect Family Heirlooms From a Family Feud

How to Protect Family Heirlooms From a Family Feud

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...
6 Cases When a Trust is Better Than a Will in Tennessee

6 Cases When a Trust is Better Than a Will 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 for Your Family

7 Reasons to Consider a Trust for Your Family

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...
How to Ensure Your Life Insurance Benefits Go to Your Heirs

How to Ensure Your Life Insurance Benefits Go to Your Heirs

Recently, 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 policies even after they were dead. This agreement is the second in the last two...

What Happens if You Die 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 Will in place. So what...

How These Common Assets Can Affect Your Financial Aid Eligibility

Financial aid is a valuable resource for students and their families. And sending a child off to college is one of life’s biggest (and often most expensive!) events. Unfortunately, certain assets may adversely affect student financial aid eligibility. That’s why...
Taking the Complexity Out of Estate Planning

Taking the Complexity Out of Estate Planning

Remember that old joke: How do you eat an elephant? Answer: One bite at a time. 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 neglect to create an estate plan because they see it as...
What Every Single Parent Needs to Know About Estate Planning

What Every Single Parent Needs to Know About Estate Planning

At Pierchoski Estate Law we know that single parents are some of the busiest people there are. If you are a single parent, life for you right now probably couldn’t get any busier. You are likely being pulled between work, school activities, sports teams and the...
Consider Your Estate Plan Before You Travel

Consider Your Estate Plan 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...

Leaving Without a Plan

Leaving Without a Plan: Prince Didn’t Leave a Will & Here’s Why You Should Even after death, celebrities are highly publicized for their mistakes, many of which we make ourselves. This time last year, superstar musician Prince died suddenly, leaving no...