Understanding Probate Nonjudicial Settlement Agreements
Estate laws, like any other laws, change with the times. As the world changes, these laws have to change to keep up with the needs of the people and ensure they can continue managing their estate effectively and minimize disputes. In April 2023, the state of Tennessee made several notable changes to its probate laws to make estate administration dispute resolution easier for involved parties
An Update on Tennessee Laws Regarding Loans vs Gift Determination
Last week, the Tennessee Court of Appeals addressed a case that included an issue that we often see in estate planning – whether the transfer from one person to another, usually within a family and usually of money, is a loan or a gift.
How to Keep Your Plans On Track Through Estate Tax Changes
While taxes are certain, though, federal and state tax laws are always evolving. The estate planning strategies you used years ago might not apply now—let alone five or ten years from now. Changes in estate tax laws might even unlock new generational wealth transfer strategies you can use to ensure your family’s financial comfort and security.