Vacation Memories, Not Probate Headaches: Planning for Timeshare Inheritance
Promotional graphic in the image of a road way sign, reading: Timeshare rentals straight ahead. Vermillion law article outlining dangers of leaving timeshare properties out of assets protected by a trust.
August: National Write a Will month. How to Protect Your Legacy Through Estate Planning
August is National Write a Will Month—a reminder of the importance of estate planning in Tennessee. Learn why wills, trusts, and powers of attorney matter, what happens if you die without a will, and how probate courts in East Tennessee face heavy caseloads. Protect your family, ease the burden, and ensure your wishes are honored.
Planning for the Future: Including Full-Body Donation in Your Estate Plan
For those in East Tennessee and beyond, the University of Tennessee’s Forensic Anthropology Center (UTK FAC) offers a respected program for individuals wishing to donate their remans upon death.
Planning for Long-Term Care: Options and Strategies
As we age, the likelihood of needing long-term care increases. Preparing for this possibility is a crucial part of comprehensive estate planning. Long-term care planning involves considering the types of care you might need, the costs associated with that care, and how you will pay for it. Proper planning ensures that you receive the care you need without depleting your assets.
Understanding the IRS’s Final Regulations on Required Minimum Distributions from Retirement Accounts
Retirement planning involves many crucial decisions, one of which is managing Required Minimum Distributions (RMDs). The IRS’s recent final regulations on RMDs bring significant updates that everyone with retirement accounts should understand. This article aims to break down these regulations and explain their implications.
Revocable vs. Irrevocable Trusts: What are the Key Differences?
When it comes to estate planning, trusts are powerful tools that can help manage and protect your assets. Among the various types of trusts, revocable and irrevocable trusts are two of the most commonly used. Understanding the key differences between these two can help you make informed decisions about your estate plan. In this article, we’ll break down the main distinctions and benefits of revocable and irrevocable trusts.
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