Deciding how to leave assets to family members can be difficult enough as it is, but there are certain factors that can complicate things. These can be things like an heir's age, maturity and responsibility when it comes to financial matters. However, estate planning...
New rule now benefits estate tax exclusion
The ability to use the increased exclusion offered in the 2017 Tax Cuts and Jobs Act enacted by Congress needed some revision, and the IRS and Department of Treasury has done just that. At issue is the gift and estate tax exclusion. The exclusion in 2017 was $5...
Is estate planning right for you?
Creating an estate plan is not a priority for many people in Tennessee. Some even view estate planning as wholly unnecessary or a practice reserved only for the very wealthy or those who own lots of assets. While it is true that an estate plan is important for both of...