Coordinated Wealth Management’s team collectively has more than fifty years’ experience in estate planning. While we are not attorneys, we collaborate with your attorneys in developing a plan to meet your overall goals. Tax laws are constantly changing and your plan needs regular review. As laws and life change, documents need to be updated to make sure they meet your desires. Tennessee is one of the five most trust friendly states in the US. This provides for great flexibility and opportunity to minimize taxes while distributing your assets according to your wishes.
We believe the following seven objectives should be considered in developing/reviewing every estate plan:
- Will there be adequate income when needed?
- Will your assets be distributed properly?
- Will there be any unnecessary taxes?
- Will there be adequate liquidity?
- Will business control be in the right hands?
- Will there be any surprises for your heirs?
- Have end of life issues be adequately addressed?