by Dan Smith | Dec 21, 2017 | Entrepreneurs' Business Blog
So we’ve seen our government in action working through the sausage-making process of passing a major new tax act over the past couple of weeks. The House voted in favor, the Senate voted in favor (of a slightly different bill), and then the House voted in favor...
by Dan Smith | Dec 18, 2017 | Entrepreneurs' Business Blog
On December 6, the Tennessee Supreme Court decided a case of first impression in Tennessee: what happens to the money that a married person withdraws from a joint bank account when that person dies? Does it go to the surviving spouse–as it would have done if the...
by Dan Smith | Apr 8, 2017 | Entrepreneurs' Business Blog
The Tennessee Court of Appeals recently decided a case that is instructive on the probate or administration of an estate in Tennessee when the deceased is involved in a divorce case that is not finalized before the date of death. Here’s the problem that may come...
by Dan Smith | Apr 5, 2017 | Entrepreneurs' Business Blog
The U.S. Tax Court released an opinion today in the case of Mescalero Apache Tribe v. Commissioner of Internal Revenue. This case is worth noting for all small and medium-sized businesses that pays workers in its operations. A key tax decision made by any business...
by Dan Smith | Apr 5, 2017 | Entrepreneurs' Business Blog
If you are following Tennessee probate and estate planning matters and news, you may have seen some recent articles talking about decanting irrevocable trusts. In effect, decanting permits a trustee in certain situations to distribute assets from an irrevocable trust...
