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Category: Financial Planning

Trust 101: Why consider a trust?

September 27, 2023 by The Trust Company of Tennessee

Estate planning is an important component of a comprehensive financial plan that provides for you and your loved ones in the way you intended. Estate plans often incorporate trusts, which […]

What can you do to mitigate your taxes? 

November 6, 2022 by The Trust Company of Tennessee

As 2022 comes to a close, with markets down and in the wake of record inflation and rising interest rates, there are several factors and strategies to consider for mitigating […]

Is Uncle Sam one of your beneficiaries?

September 21, 2022 by The Trust Company of Tennessee

Current estate tax exemptions are set to expire at the end of 2025, which means we could see a 50% reduction in available exemption per person. It has been 87 […]

WBIR-TV: Stocks, Bonds and Your Financial Plan

May 27, 2022 by The Trust Company of Tennessee

The financial markets are in an unusual situation: Stocks and bonds, which typically move in opposite directions, are both down this year, making some investors anxious. Chief Investment Officer Miranda […]

Why Planning Now Beats Planning Procrastination

May 11, 2022 by The Trust Company of Tennessee

All successful business owners must eventually face a stark reality: One day, they will no longer run their business! If this idea makes you uneasy, you aren’t alone. Today, we’ll […]

What’s the Point of Asset Protection?

September 24, 2021 by The Trust Company of Tennessee

As a successful business owner, you know how important asset protection is. However, many business owners look past an important question when protecting their assets: “Why am I doing this?” […]

Year-end financial steps to take now

November 4, 2020 by The Trust Company of Tennessee

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Regardless of your phase in life, there are opportunities to maximize your tax efficiencies and improve your long-term financial outlook by taking action before year end.

Born before Jan. 2, 1954? You could be leaving free money on the table

September 24, 2020 by The Trust Company of Tennessee

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In most cases, it is to your advantage to delay drawing Social Security benefits until you reach age 70. Your benefit amount increases by 8% each year that you wait […]

529 plan’s less popular cousin – the Coverdell ESA

June 19, 2020 by The Trust Company of Tennessee

We’re continuing our education series with a closer look at Coverdell ESAs.  Before 529 plans were expanded to include K-12 tuition, Coverdell ESAs were a popular way to save for both college and secondary education expenses.   Coverdells have […]

Roth conversions on sale

April 15, 2020 by The Trust Company of Tennessee

Chances are your IRA has a lower market value today than it did at the start of the year. No matter your age or retirement timeframe, this can be a hard pill to swallow. While the current market environment may only seem to bring negative thoughts of retirement to mind, there may be a silver lining to those who choose to take a long-term perspective in the midst of uncertainty. In fact, we would challenge you to view the market today as if everything were on sale, including Roth Conversions.

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