THIS DAY IN HISTORY, President Johnson made history with the Signing of the Medicare Program into Law. On July 30, 1965, America was hoping for a brighter future. President Johnson’s Vision for Americans Here’s what President Johnson had to say about it...
This is a question I hear quite a lot from younger generations who are wondering when is the best time to begin putting crucial documents in place: “When should I start an estate plan?” Well, it depends! Let’s ask a few questions and see if you...
Bulletproof Estate Planning with Estate Plan Stan is on SuperTalk Radio 99.7 Sundays at 8pm! This is a radio show where Estate Plan Stan talks Trusts, Wills and Asset Protection for families just like yours! Will you be among the 70% of Americans who become...
What is the greatest risk? The word “risk” conjures up many different scenarios depending on your personality. Perhaps when you hear about life’s greatest risks you think of adventures like skydiving, climbing Mount Everest or exploring the depths of the ocean. Maybe...
This is a brief radio show where Estate Plan Stan talks Trusts, Wills and Asset Protection for families just like yours! Tune in every Thursday and Friday morning at 8:30! Will you be among the 70% of Americans who become impoverished within one year of entering a...
Our firm’s mission is to make estate planning education free and accessible to the public. That’s why Stan Pierchoski presents free estate planning seminars in the middle Tennessee area! Call and ask about our next one! 931-363-7222 or click here to...
Getting legal documents signed during Covid-19 and social distancing orders might not be something that has crossed your mind yet. While wills, trusts, health care directives, powers of attorney, and legal guardian nominations are on many of our hearts and minds as...
Decisions about your health care are some of the most important you will ever make. Don’t put off making plans until you are unable to assert your wishes. Including health care documents in your estate plan can ensure your decisions are always your choice, even if you...
Women outlive men, make less during their careers and have less in savings due to pay discrepancies and time taken out of the workforce to raise their families. Here are a few things that women, in particular, need to know about estate planning: Minor children can be...
With the federal estate tax exemption at $5.49 million for 2017, many people think estate planning is unnecessary. But there’s one thing ALL adults over the age of 18 need to look at, regardless of estate taxes: beneficiary designations. This is an essential and basic...
Creating an estate plan to protect your financial future and that of your family is just the first step in the estate planning process. Once those documents are executed, you will still need to review your plan annually to ensure it continues to reflect your needs and...
As hard as it is for all of us to plan for our deaths, doing so is one of the best things you can do for your family. Adding to their grief and pain by giving them no clue as to where to find your personal and business paperwork should not be a memory you leave...
Many people fail to create an estate plan because they don’t truly understand what is involved and therefore believe it is too complicated. But the real truth is that creating an estate plan during your lifetime is far less complicated than what your family will deal...
The perfect gift for your child or grandchild on the occasion of their birth, Bar or Bat Mitzvah, Sweet 16 or Quinceañera cannot be found in any store. Instead, the hopes and wishes you have for your child (or grandchild’s) future can best be expressed with a gift of...
Contrary to popular belief, estate planning is not just about money or taxes. Far from it. Today, it’s more about protecting your assets for yourself and your loved ones, achieving your financial goals and safeguarding your health care. No money is no excuse to wait...
Perhaps the phrase “avoiding family conflict” seems a little far-fetched when it comes to planning your estate. Unfortunately, money has a habit of bringing out the worst in people, even in the best of families. One of the most important reasons to get...
It’s hard to believe that people who spend a lifetime working hard to accumulate wealth spend little or no time planning for what will happen to it after they pass, especially if children are in the picture. Yet a recent Consumer Reports survey tells us that 86% of...
Many parents want to know the best way to leave a home to their children. Before you make a plan, you should first be sure that your children actually want the property. We have seen too many parents take on unnecessary financial hardship in order to keep a home as an...
They call it the poor man’s estate planning. Put your child on the title to your deed and avoid probate. Yet this poor man’s planning often ends up, well, poorly; and costing a lot more for the people you love. Here are some risks and solutions to this...
You will need to understand the difference between a Will-based plan and a Trust-based plan so you can make an educated decision for your family about what is best for you and, ultimately, for them. So let’s dive into some of the main differences! A Will-based...
Power of attorney (POA) is a document that grants a specific person, called an agent, the authority to make important decisions on behalf of another person, called the principal. There are many different kinds of power of attorney. The scope of the authority the...
A common estate planning mistake many people make – including celebrities like Michael Jackson – is not ensuring the Trust you have created holds all your assets. Unfortunately, many lawyers do not make sure this is properly handled for their clients because they are...
The passing of family heirlooms from one generation to another should be welcome tradition in most families, but unfortunately, this process can cause long-lasting family rifts if not done properly. There are many stories of families that have split over a silver tea...
A Will is one of the most basic Tennessee estate planning documents, and everyone should have one to make sure that there is no question about what would happen to your assets and kids if something happens to you. But there are some cases when having a trust in...
Do you consider trusts to be instruments of the wealthy? While it is true that many Americans of means have trusts to protect and pass their wealth, there are a number of reasons why trusts can also be useful for middle-class families. Here are 7 of them: Control...
How do you ensure that your life insurance policy will benefit your heirs? Not long ago, 11 major life insurance companies agreed to pay $763 million to the heirs of deceased policyholders after it was discovered the companies continued billing customers for their...
Dying without a Will? Most people know they need a Will. And many of them fully intend to write a Will… someday. But life is busy and the will keeps getting put off. Eventually, someday becomes never. In fact, nearly half of American adults will die without a...
Remember that old joke: How do you eat an elephant? Answer: One bite at a time. Here’s how we make Estate Planning simple. The truth about how you tackle any seemingly complex task, taking it one step at a time so as not to overwhelm yourself. Many people...
Booking flights and that great destination resort is where everyone’s mind goes when thinking about travel and vacations. And you are also planning for pet care, house sitting and someone to grab your papers and mail while you are gone. But it is also time to think...
Even after death, celebrities are highly publicized for their mistakes, many of which we make ourselves. A couple of years ago, superstar musician Prince died suddenly, leaving no will, and the management of his substantial estate fraught with legal complications and...
