On behalf of Richardson & Richardson, LLLP | Nov 28, 2019 | Trusts
A trust is an essential estate planning tool. Unlike a will, it allows you to put conditions and have control over the distribution of your assets after you die. It also offers extra protection and reduces the chances of issues with your estate during probate in...
On behalf of Richardson & Richardson, LLLP | Nov 25, 2019 | Uncategorized
Under the Tennessee Community Property Trust Act passed in 2010, spouses who own significant assets can equally share capital gains on assets while limiting their federal capital gains tax obligation. This law allows married couples to take advantage of the savings...
On behalf of Richardson & Richardson, LLLP | Nov 8, 2019 | Trusts
Many Tennessee parents worry about the future of their children. Even if they leave money to their offspring in a will, any number of events could happen that might deplete that inheritance, sometimes very quickly. This is why some parents create a trust for their...
