The death of a co-owner is a tragedy for many reasons. For many co-owned businesses, co-owners are also close friends. What makes the suffering worse is when the death of…
Tax Reporting Mailing Dates
You should expect your tax forms from The Trust Company of Tennessee to be postmarked on, or before, the following dates. If you have any questions, please contact your Relationship Manager.
SECURE Act 2.0 – How This Affects You and Your Retirement Plan
After two years of discussion, SECURE Act 2.0 of 2022 was passed on Friday, December 29, 2022. It is the most impactful retirement legislation in the past 15 years, and…
Love Can’t Be Blind: Preparing for a Business Transfer to Children or Insiders
Successful business owners do a lot of things well, and they make it look easy. This is often a sign of well-running processes and years of discipline. However, it can…
Worried what volatility means for your retirement savings?
If you’ve been paying attention to the financial markets, you may feel a bit unsettled by the volatility we have seen this year. Stocks have been impacted by a variety of…
Market volatility feeling scary?
If you’re paying attention to the financial markets, you’re probably feeling a bit unsettled by the volatility we have seen this year. Volatility is a normal part of investing. It…
How Much is Success Worth to You?
Running a successful business requires incredible amounts of effort, ingenuity, and capital. And when it comes to planning for the business’s future—both with and without the owner—many business owners ask,…
What is a Bear Market exactly?
Have you ever wondered what the Bear v. Bull analogy actually means?? Economists normally define a Bear Market as a 20% decline from a previous high over a sustained period…
Getting Personal in Business Planning
It’s not uncommon to hear the phrase “Don’t take it personally” in terms of business decisions. But when you own a business, it’s difficult—if not impossible—to not take business decisions…
Negative GDP – not too concerning
The GDP data released this week showed that during the first quarter of the year, the economy was growing, or really contracting, at a pace of -1.4%. This number measures…
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