Full Service Financial Advisor: 
Retirement Planning
401(k) Roll-overs
Income Planning



IntelliPlan Inc
2546 Brantley Park Blvd
Maryville, TN 37804


865 441-1794


865 332-3949

What is Estate Planning?

Estate Planning

Estate Planning involves the orderly arrangement of one's financial affairs so as to maximize the value of the estate when transferred at death. A well-structured Estate Plan is invaluable to the heirs of the deceased by minimizing loss of value because of taxes and forced liquidation of assets. Through it you can control the distribution of your assets and possessions, as well as name guardians for your children or plan care for other dependents with special needs. While the process of planning your estate can raise some difficult emotional and personal issues, your heirs will be glad that you did so, and you will be comfortable knowing that your wishes are assured.

Have you had a major illness recently diagnosed (Alzheimer's, Stroke)in your family?

Have you had a recent relationship change(Marriage, Divorce, Death)?

Have you had a recent asset change(Inheritance, Change in Tax Status, Sale of Residence)?

All of the above events should be a basis for a review of your Revocable Living Trust or a need for a Revocable Living Trust!!

Trust Planning
Setting up Trusts can help you avoid probate, reduce estate taxes, and may also help you set up long-term property management. Probate can take months and reduce your property assets by up to 5% through lawyer and court fees. With a properly funded Trust, your property can be efficiently distributed to your beneficiaries, and there are no lawyer or court fees to pay.
There are several kinds of Living Trusts. We can help you decide whether you need a Living Trust and what type would be best for you and your heirs.

Revocable Living Trust
Revocable means you can change the terms or cancel it at any time. Living means that the the trust takes effect while you are still alive and control the assets. This type of Trust can be used for the following reasons in addition to avoiding probate: if you own property in more than one state your heirs can avoid multiple probate proceedings, if you are incapacitated your successor trustee can manage your affairs, and lastly you can specify the maturity age of your heirs.

Irrevocable Life Insurance Trusts
An Irrevocable Life Insurance Trust helps you reduce the number of assets that will be subject to taxation after your death, by gifting life insurance premiums to the ultimate beneficiaries through a lifetime gifting program. You can avoid transfer tax on any appreciation in the value of the gift between the time of the gift and the grantor's death. Life insurance is a particularly attractive vehicle for this situation because of the great difference in values before and after the insured's (grantor's) death. Gifts to an Irrevocable Life Insurance Trusts are often eligible for the $10,000 annual gift tax exclusion, meaning that no one pays any taxes on the gift; neither the grantor nor the heir.

Charitable Remainder Trusts
The Charitable Remainder Trust is an irrevocable trust with both charitable and non-charitable beneficiaries. The donor transfers highly appreciated assets into the trust and retains an income stream from interest. Upon expiration of the income interest, the remainder in the trust passes to a qualified charity of the donor's choice. If properly structured, the CRT permits the donor to receive income, estate, and/or gift tax advantages. These advantages often provide for a much greater income stream to the beneficiary than would be available outside the trust.

Click here to schedule a complementary estate plan analysis!

Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck