The Tax Cuts and Jobs Act brought historically high estate and gift tax exemptions. With the seemingly inevitable “sunset” of the Act looming on the horizon, spousal lifetime access trusts […]
There’s a wide variety of fiduciary income tax laws among the states. In fact, many states have no fiduciary income tax at all or have a fiduciary income tax regime […]
What changes should you make to your investments in 2024? Join us as we discuss: Investment changes at The Trust Company of Tennessee to position client accounts for the future. […]
The roles of beneficiary and fiduciary by their inherent nature have the potential to engender conflict. Over recent decades, this conflict has been exacerbated by increasing demands of beneficiaries and […]
Over the past year, we’ve spoken to many employees who felt like events beyond their control have thrown them off financially. They are: Concerned that recent inflation has eroded their […]
The idea of bringing trust administration to a conclusion may seem to the Trustee like a relief – and, in many respects, it is. However, terminating a trust isn’t nearly […]
Are you concerned about how the upcoming election could impact your personal or retirement plan investments? Join us to discuss: Key topics that will be the focus of the upcoming […]
After the dust has settled, trust beneficiaries who may think they just won the lottery are sometimes surprised to discover that their position in the trust relationship may be less […]
Our ethics obligations can differ drastically based on the categories of persons with whom we may interact. In estate planning, as well as estate and trust administration, we may be […]
The generation-skipping transfer (“GST”) tax is imposed, in addition to estate tax or gift tax, depending on the context, on transfers to an individual who is two or more generations below the transferor (e.g., a grandchild or more remote descendant) and certain trusts. Prior to enactment of the GST tax, after imposition of estate tax […]
What changes should you make to your investments in 2025? Join us as we discuss: Investment changes at The Trust Company of Tennessee to position client accounts for the future. […]
With the almost certainly impending sunset of many of the provisions enacted as part of the 2017 Tax Act, high net worth individuals and families should be considering sale, gift […]
