On behalf of Richardson & Richardson, LLLP | Jan 13, 2021 | Estate Planning
As you know, matters of estate planning do not end once you have created the estate plan. You must continually update and maintain it throughout the years. After all, an estate plan must reflect your most recent life circumstances. You should also consider discussing...
On behalf of Richardson & Richardson, LLLP | Dec 23, 2020 | Estate Planning
Estate planning law provides you with a number of options when it comes to how and when to share your assets with your loved ones. Shifts in relationships and changing estate tax laws may cause you to consider transferring your assets while still alive. Giving gifts...
On behalf of Richardson & Richardson, LLLP | Nov 20, 2020 | Estate Planning
Tennessee business owners like you have a lot on your plate when it comes to deciding how to pass your business down. After all, a time will come when someone else must step up and take the wheel. How you want this to happen will shape a lot of the business ownership...
On behalf of Richardson & Richardson, LLLP | Oct 22, 2020 | Estate Planning
Most American adults are aware of the function a last will and testament provides. However, living trusts are better than wills in certain situations. Particularly for high-asset estates, living trusts can help you manage your assets to their fullest extent. According...
On behalf of Richardson & Richardson, LLLP | Oct 14, 2020 | Estate Planning
Family-owned farms may run into succession problems when an heir announces that he or she has no desire to take over the business. By not creating a contingency plan, an unexpected emergency could leave dependents without reliable income streams. Even if an heir has...
On behalf of Richardson & Richardson, LLLP | Oct 12, 2020 | Estate Planning
Life can throw you a curve when you least expect it. You might suffer a serious illness or become the victim of an accident that leaves you incapacitated. The powers of attorney for healthcare and finances are estate planning tools that will help you and your family...