On behalf of Law Office of J. Patrick Henry | Apr 3, 2020 | estate planning
When people in Tennessee consider their plans for the future, they may want to think about ways to reduce estate tax liabilities. Most people want to pass on much of what they leave behind to their loved ones or even a favored charity without a substantial estate tax...
On behalf of Law Office of J. Patrick Henry | Mar 5, 2020 | estate planning
A living will, in the real sense, is not like any other will you may sign. It seeks to give your preferences on critical matters involving your death. For example, in your living will, you may state that you want your kin to cremate your body rather than bury it. The...
On behalf of Law Office of J. Patrick Henry | Mar 5, 2020 | estate planning
Part of the allure of estate planning is to help your family avoid having to pay taxes after your death on anything you leave to them. There are many ways to ensure that your heirs inherit tax-free with the most common being that you leave your estate to your spouse....
On behalf of Law Office of J. Patrick Henry | Mar 5, 2020 | estate planning
If you are a small business owner, your estate plan becomes incredibly important because not only does it provide for your family but also your business. You need much more than just a will that outlines what you want. You will need a range of documents and tools to...
On behalf of Law Office of J. Patrick Henry | Mar 5, 2020 | estate planning
Often when creating your estate plan, the best tools are those that will allow the smoothest conversion from you to an heir after your death. Trusts are quite popular for this reason. However, a Roth IRA can be just as good of a tool as long as you understand the...
On behalf of Law Office of J. Patrick Henry | Feb 11, 2019 | estate planning
There are some things in life that are inevitable and one of those is death. No one really likes to talk about his or her own mortality, but when it comes to estate planning, Tennessee residents need to address the subject if they wish to ensure their loved ones are...
