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.
Inheriting an Estate: Understanding the Tax Consequences for Beneficiaries
Vermillion Law. Estate planning. Tax planning. Business planning.
Tips for Selecting the Right Personal Representative in Tennessee
Choosing the right executor or personal representative for your estate is one of the most important decisions you’ll make in your estate plan. This person will be responsible for ensuring that your wishes are carried out, your assets are distributed, and any legal or financial obligations are resolved. In Tennessee, the role of a personal representative, otherwise known as an executor, is significant, so here are some tips to help you make the best choice.
If I Qualify for TennCare (Medicaid), Can I Pay My Loved One to Be My Caretaker?
Some seniors who receive TennCare (Medicaid) may be eligible to use those benefits to employ a family member, friend, or other trusted individual to provide them with care in their own home (“Consumer Direction”). There are many criteria an individual must meet to qualify for Consumer Direction care. Consumer Direction care is unlikely to be approved if other forms of care available through TennCare will suit your individual needs.
Literary Rights and Estate Planning: Preserving Creative Legacies
For authors, poets, and anyone with creative, written works, literary rights are a special type of asset in an estate plan that must be dealt with in a very specific way. Properly addressing this type of intellectual property in an estate plan not only safeguards the creator’s legacy but also provides financial security for heirs. This article explores the importance of incorporating literary rights into estate planning, the legal framework governing these rights, and best practices for protecting and distributing intellectual property.
Retirement Accounts: Do Beneficiaries Automatically Get My Retirement Accounts?
When planning for your financial future, naming beneficiaries for your retirement accounts is an essential step. But does naming a beneficiary mean they automatically inherit your accounts when you pass away? The answer is: it depends. Let’s break it down to ensure your loved ones receive the legacy you intend to leave them.
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