Resources
Businesses Operating in Tennessee: Beware the Tennessee Franchise & Excise Taxes
If you are a corporation, limited partnership (LP), limited liability company (LLC), or business trust. . .chartered, qualified, or registered in...
Do I Have to Get a Tennessee LLC if I Do Business in Tennessee and Have an LLC in Another State?
Anyone conducting or transacting business in the State of Tennessee, who has their business registered in another state (for example, someone who...
Should I Use a Will or a Trust For My Estate Planning?
This is a question estate planning attorneys hear almost every day. The answer to this question is pretty typical of lawyers: "It depends." What's...
What is a TIST? Everything You Need to Know About the Tennessee Investment Services Trust
Tennessee is one of the best states for asset protection trusts, many of which are available to people who aren't even residents of the state. One...
Why Are LLCs So Popular?
There are two main reasons why a particular entity is chosen, be it an LLC, S-Corporation, C-Corporation, or some form of partnership: tax treatment...
How is a Revocable Living Trust Different From a Will?
A Revocable Living Trust and a Will are similar in that they both spell out who is to inherit assets from people after they are deceased, and they...
What is a Durable Power of Attorney?
A Power of Attorney is a legal power or right, designated in a document that is created by a person who wants another person to take over some of...
Does a Revocable Living Trust Interfere With My Control of My Assets?
Simply said, no. The people who put the assets into the Revocable Living Trust and who approve the language found in the trust document about how...
What Does A Revocable Living Trust Do?
Interested Parties The Revocable Living Trust document will name the Trustors, Trustees, possible Successor Trustees, and Beneficiaries who will be...
How does a Revocable Living Trust Benefit My Family In Real Terms?
When someone dies or becomes incapacitated, there can often be problems in the aftermath with regard to that person’s assets. For example: Arguments...
Who Are the Various People or Parties Involved in a Revocable Living Trust?
A Revocable Living Trust document, such as those drafted at our law firm Leigh Cowden PLLC, creates a legal entity that will hold title to your...
Who Needs a Revocable Living Trust?
Many people have heard about Revocable Living Trusts (RLTs), but not everyone understands the actual reasons and benefits behind having one....