Retirement and Estate Planning for Cordova Families
From Cordova, our Germantown office is a short drive south on Germantown Parkway.
We help Cordova families turn years of saving into a retirement plan they understand, and put their wills and trusts in order.
What we help with
Cordova families often come to us at a turning point: a job change, a retirement date on the calendar, or a parent who needs more help. These are the areas we cover.
Retirement income
Turning savings into a steady paycheck, Social Security timing and the order you draw from each account.
Taxes in retirement
Required minimum distributions, Roth conversions and keeping more of what you have saved.
Wills, trusts and legacy
Wills, living trusts, powers of attorney and beneficiary designations.
Wealth management, insurance and long-term care
Investment advisory services through our affiliated advisor, life insurance, and a plan for care before you need it.
Why a Certified Financial Fiduciary
A fiduciary has to put your interests ahead of their own. When you are deciding what to do with a 401(k) you spent a career building, that standard matters.
R. Renee' Kennedy has held the Certified Financial Fiduciary (CFF) designation since 2020, issued by the National Association of Certified Financial Fiduciaries. See what it means and how to verify it.
Free Will & Trust workshops near you
Our free Will & Trust workshops meet at The Great Hall & Conference Center on S. Germantown Road, a quick drive down Germantown Parkway from Cordova.
Upcoming Mondays at 6:00 p.m.: October 26, November 9, November 16, December 7 and December 14. Free to attend, and family and friends are welcome.
To save a seat, call 901-508-2433 or visit the Upcoming Events page.
Planning in Tennessee
A few Tennessee rules are worth knowing before you plan.
No state tax on wages, and no inheritance tax.
Tennessee does not tax wages, its Hall tax on interest and dividends ended in 2021, and the state inheritance tax was repealed in 2016. Federal taxes still apply, so planning still matters.
Probate happens in Shelby County.
If a will goes through probate here, it goes through the Shelby County Probate Court. Assets held in a living trust generally pass outside of probate.
Common questions from Cordova families
I am leaving my job. What should I do with my 401(k)?
You usually have a few choices: leave it, roll it to an IRA or a new employer plan, or cash it out, which is taxed. The right choice depends on your income, taxes and plans, so it is worth a conversation first.
When should I start Social Security?
You can start as early as 62, but the check is permanently smaller. Waiting can increase it, but it is not right for everyone. Your health, savings and spouse all matter.
Do you help with a parent's planning?
Yes. Many families start with a parent's will, power of attorney and health care directive.
Next step
Have a question about your own situation? Book a free retirement review or call our Germantown office at 901-508-2433.
You can also ask for a free Income & Tax Assessment Report, a clear picture of where your income and taxes stand today.
Learn more
Retirement distribution planning
Upcoming Will & Trust workshop dates
This page is general education, not advice for your situation. AAA Life Solutions is not a CPA firm or a law firm and does not provide tax or legal advice. Please consult a qualified professional about your own circumstances.
Some of the companies we utilize for various client needs include:
Investment advisory services offered through Brookstone Wealth Advisors, LLC (BWA), a registered investment advisor and an affiliate of Brookstone Capital Management, LLC. BWA and AAA Life Solutions are independent of each other. Insurance products and services are not offered through BWA but are offered and sold through individually licensed and appointed agents.
The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives.
