Advanced Tennessee Estate Planning Strategies

In 1982 the marital deduction became unlimited, meaning one spouse may transfer all he or she owns to the other spouse during lifetime and at death, free from gift and estate tax.

read more >

In 2010 Tennessee enacted the Tennessee Community Property Trust Act of 2010. Under this law married couples may convert individually or jointly-owned property to community property by transferring it to a Tennessee Community Property Trust.

read more >

For closely-held business owners it is often a challenge planning for the impact your death will have on your family and your business partners.

read more >

In 2007 Tennessee enacted a law which permits Tennessee residents and non-residents alike to shield their assets from creditors by transferring property to a trust called a Tennessee Asset Protection Trust.

read more >

Life insurance owned by a decedent on their life is included in the valuation of their estate for Tennessee inheritance tax and federal estate tax purposes.

read more >

Family LLCs and limited partnerships often offer important tax and nontax benefits for the ownership, management and disposition of certain types of assets.

read more >

Besides credit-shelter trusts and irrevocable life insurance trusts, there are other advanced estate-planning tools that may enable certain individuals to further minimize their Tennessee inheritance tax and federal estate tax burden.

read more >

Besides credit-shelter Haven’t found what you need yet?  We’d be happy to help.  You can call or reach out using our contact form.  Or try returning to our Nashville estate planning home page.

read more >