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Serving Clients in Nashville, Greenville, Charleston, and the Surrounding Areas

What’s Happening to the Estate Tax?

Under current rules, the federal estate tax won’t ever affect you, unless you’re quite wealthy. However, that could change rapidly, even if you are far ...
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Trusts can Work for ‘Regular’ People

When you hear the word trust fund, you might think of the uber-wealthy giving their kids a big chunk of cash on their 25th birthday. ...
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Does My Family have to Pay My Credit Cards when I Die?

Especially with the average U.S. household having $7,027 in revolving credit card debt and Americans owing a total of $416.1 billion in credit card debt, ...
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Will President Biden’s Tax Plans have an Impact on Life Settlements?

The Trump administration is now a part of American history. And though many may not agree with everything the former administration brought forth, one thing ...
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What Is Family Business Succession Planning?

Studies have shown that the number of family businesses owned by second generations and third generations dramatically decline for a number of reasons. One large ...
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What Is Prince Harry’s Inheritance from His Mum, Princess Diana?

Prince Harry told Oprah Winfrey that after being cut off financially by the royal family, he supported his new life in California with his inheritance ...
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Just What Does an Executor Do?

In addition to deciding who gets what when you die, you have key roles to fill that deserve thoughtful deliberation as part of the estate-planning ...
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What are Big Tax Goofs to Avoid when Retiring?

One of the best ways to prepare for retirement is to set aside money in a tax-advantaged retirement account. Hopefully, you have done so year ...
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If My Estate Is the Beneficiary of My IRA, How Is It Taxed?

When an estate is named beneficiary of an IRA, what is the method of distributing it to one individual in the most tax-effective way?
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Why Do I Need Estate Planning?

Over the years, several high-profile celebrities have died without either properly updating their estate plan or having one at all. The list includes Princess Diana, ...
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