On behalf of Richardson & Richardson, LLLP | Dec 15, 2020 | Trusts
Are you giving thought to setting up a trust? Are you wondering about the differences between a revocable and an irrevocable trust? Each has advantages but your decision will probably rest on the level of control you want or need. Advantages of the revocable trust...
On behalf of Richardson & Richardson, LLLP | Dec 4, 2020 | Trusts
Whether you live in Tullahoma or out of state, Tennessee is joining the ranks as a prime place to establish a trust. As Wealth Advisor describes, Tennessee offers greater flexibility than many states, and is now a top three state for asset protection to some...
On behalf of Richardson & Richardson, LLLP | Aug 31, 2020 | Trusts
People who carefully accumulate, organize and maintain financial assets most likely wish to have ongoing control over them throughout their life. Failure to adequately plan for unforeseen circumstances may inhibit a person’s ability to have control over his or...
On behalf of Richardson & Richardson, LLLP | Jun 30, 2020 | Trusts
When your child has a disability, you may have different estate planning concerns than your colleagues or peers. You may need to figure out how to support your son or daughter once you are no longer around to provide care. You may also have concerns about whether the...
On behalf of Richardson & Richardson, LLLP | Apr 21, 2020 | Trusts
If you are in a second marriage or considering getting remarried and you have children from your first marriage, you should make it a priority to establish a good estate plan that effectively provides for your children and your new spouse. Your estate plan may even...
On behalf of Richardson & Richardson, LLLP | Apr 9, 2020 | Trusts
Having a disability can make life challenging. If a medical condition, illness or injury prevents working, though, a disabled person may have trouble paying living expenses, medical bills and other costs. While needs-based government assistance, such as Supplemental...
