How a GRAT Can Help Families Transfer Wealth and Reduce Estate Taxes
For families who have built substantial wealth, one tool worth discussing with an estate planning attorney is a Grantor Retained Annuity Trust, commonly called a GRAT…
Does Life Insurance Count as an Asset When Applying for TennCare (Medicaid)?
Understanding Tennessee Medicaid's rules for life insurance, cash surrender value, and eligibility for long-term care benefits is important. Read on for more information…
Is A Spousal Lifetime Access Trust (SLAT) Right for Me?
A Spousal Lifetime Access Trust can be a powerful estate planning and wealth preservation tool when used correctly. . .
Rest in Peace, Dolly
We loved you, Dolly. Your watercolor portrait in our office has been an inspiration for years, and will continue to be for many more years to come. You were one of a kind. RIP, beautiful lady.
How to Use Your Required Minimum Distributions (RMDs) to Support Charity and Reduce Taxes
Using your RMDs (Required Minimum Distributions) from your retirement accounts to fund charitable causes can be a great tax strategy if you’re looking for ways to ease your tax burden…
Inherited IRA Trusts, the SECURE Act, and Spendthrift Trusts: Protecting a Child Without Creating an Income Tax Nightmare
Giving a beneficiary full and unfettered access to your retirement account at death could cause a lot of problems. If your beneficiary needs help managing their money, and you have healthy retirement investments, there are solutions you should know about…
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