Gullett Sanford Robinson & Martin PLLC
Planning for Incapacity: Using a Durable Power of Attorney (DPOA) for Financial and Other Non-Healthcare Decisions In our last two posts, we discussed how incapacity planning can impact one’s personal healthcare or the healthcare of a loved one. In this post, we will shift gears to focus on how incapacity planning can affect one’s financial…
DetailsPlanning for Incapacity: The Importance of Estate Planning in Advance of Dementia, Alzheimer’s and Other Terminal Illnesses In our last post we discussed healthcare powers of attorney (HCPOA) and their importance in the event of a medical emergency. Becoming incapacitated, however, can also occur slowly over time. As our life expectancies increase and people live…
DetailsPlanning for Incapacity: Lamar Odom’s Medical Emergency Demonstrates the Need for Estate Planning Several months ago former NBA basketball star Lamar Odom suffered a medical emergency which left him comatose and unable to communicate with his doctors. A media frenzy erupted due largely to Mr. Odom’s relationship with his estranged wife, reality TV star Khloe…
DetailsObergefell v. Hodges Decision Creates Tenancy by the Entirety Opportunity for Same-Sex Married Couples In the recent landmark decision in Obergefell v. Hodges, the United States Supreme Court expanded the rights available to same-sex couples, ruling that same-sex partners have a constitutional right to marry. This ruling not only requires recognition of all same-sex marriages…
DetailsRepeal of Tennessee Inheritance Tax Effective January 1, 2016 Happy (Belated) New Year! We have great news regarding changes in the inheritance tax laws that may impact you, your family, or your clients. As of January 1, 2016, Tennessee no longer has a state inheritance tax. This change means that going forward, Tennessee estates will not pay Tennessee…
DetailsProtecting Your Children’s Inheritance: How the Ashley Madison Scandal Relates to Estate Planning The Ashley Madison leaks jolted Americans with the harsh reality that marital infidelity is on the rise. With more than 37 million Ashley Madison usernames exposed, it is apparent that the Internet and social media has created an instant pathway for extramarital…
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