Income Taxes: The Hidden Landmine that Can Destroy Your Well Designed Estate Plan

Income Taxes The Hidden Landmine that Can Destroy Your Well Designed Estate Plan

Everyone wants to avoid taxes. No one enjoys paying taxes. However, there are many different types of taxes that Tennessee residents need to worry about, especially when it comes to estate planning and legal life planning. There is estate tax, inheritance tax, death tax, income tax, and capital gains tax. As this report will show you, many Tennessee families do not need to worry about the estate tax and death tax. However, many Tennessee families still have income tax and capital gain tax planning considerations so that they can minimize their loved ones’ and heirs’ tax consequences.