GSRM Law - Estate Planning and Probate

04/16/2026

When administering an estate in Tennessee, one of the core duties of the personal representative is to manage and resolve creditor claims in accordance with Tennessee probate law. This process can be complex, particularly when dealing with competing claims, insufficient estate assets, or deadlines. Understanding the framework for handling these claims ensures proper administration and mitigates the risk of personal liability for the representative. Read more: https://bit.ly/4mHbs2v

04/09/2026

Grantor Retained Annuity Trusts (GRATs) are powerful estate planning tools that allow high-net-worth individuals to transfer asset appreciation to their beneficiaries with minimal or no estate and gift tax implications. GRATs are particularly valuable in environments with low interest rates and when transferring assets expected to appreciate significantly. While they offer substantial tax advantages, GRATs come with specific technical requirements and limitations that must be carefully considered. Read more: https://bit.ly/4t1Pee5

03/25/2026

A Spousal Lifetime Access Trust (SLAT) is a sophisticated estate planning tool that allows an individual (the “donor spouse”) to transfer assets out of their taxable estate for the benefit of their spouse (the “beneficiary spouse”), while maintaining indirect access to the assets through that spouse. SLATs have gained popularity, particularly when planners were planning for reduced federal estate and gift tax exemption amounts, as they allow high-net-worth individuals to utilize current exemption levels. Read more https://bit.ly/4dafk9C

03/12/2026

Irrevocable trusts are powerful tools in estate planning, asset protection, and tax mitigation. By definition, they are intended to be permanent and unalterable once established. However, Tennessee law provides several avenues for modifying irrevocable trusts under certain circumstances, reflecting a balance between honoring the grantor’s intent and accommodating changed circumstances or beneficiary needs. This article explores the mechanisms available under Tennessee law for modifying irrevocable trusts, the legal standards that apply, and the practical considerations for trustees, beneficiaries, and advisors. Read more https://bit.ly/47nvM2s

03/04/2026

When a person dies without a valid will, they are said to have died “intestate.” In Tennessee, as in other states, intestate succession is governed by statutory law that dictates how the decedent’s assets are distributed. While these default rules may suit some families, intestacy can present significant challenges - particularly when minor children, spendthrift heirs, or individuals with disabilities are involved. This article explores the distribution of an intestate estate in Tennessee, highlighting key legal mechanisms and practical concerns. Read more: https://bit.ly/40uya3P

02/25/2026

In estate planning, one of the more delicate challenges practitioners face is how to provide for a beneficiary who lacks financial discipline or is vulnerable to creditor claims. Whether the concern is excessive spending, poor judgment, substance abuse, or exposure to predatory lawsuits or divorce, careful planning can ensure that a person’s wealth benefits such an individual without being rapidly depleted or misused. This article outlines strategic estate planning tools for addressing these challenges, particularly through the use of trusts. Read more here: https://bit.ly/40tpla7

02/04/2026

GSRM Law attorneys Andrew Bellm and Hilary Dennen promoted to Member https://bit.ly/4tiE1Gj

10/21/2025

Effective estate planning involves much more than simply preparing a will or trust. The primary goal of estate planning ultimately rests on the effect your plan will have on you, your family and any other intended beneficiaries. A plan that puts your affairs in order will give you confidence that you will be taken care of if you cannot care for yourself and that the people you love will be taken care of after you are gone. This week offers the perfect opportunity for you to make sure you have taken the steps necessary to plan for the future by either creating a plan or reviewing the plan you already have in place. If you need assistance, feel free to reach out to Andrew Bellm at [email protected].

GSRM Law in Nashville has offered comprehensive legal services nationwide for 80+ years in litigation, business, estate, and family law.

09/04/2025

08/21/2025

Estate planning is probably the last thing on your mind as your child heads to college, but there are a couple estate planning documents that should be put in place to protect you and your child as of their 18th birthday. Find out more here: https://bit.ly/478e03Z

GSRM Law in Nashville has offered comprehensive legal services nationwide for 80+ years in litigation, business, estate, and family law.

08/07/2025

If it’s been a few years—or if your life looks different than it did when you signed your documents—it might be time to take another look. Questions? Contact Andrew Bellm at 615.244.4994.
https://www.gsrm.com/attorney/andrew-bellm/

GSRM Law in Nashville has offered comprehensive legal services nationwide for 80+ years in litigation, business, estate, and family law.

07/23/2025

Estate administration—the process of managing and distributing someone’s assets after death—can seem overwhelming. This article includes key things to understand if you’re faced with handling an estate in Tennessee, and why having experienced legal guidance can make all the difference. Read more here: http://bit.ly/45eHXxL