Retirement and Estate Planning for Lakeland Families
Lakeland families can reach our Germantown office by I-40 and Germantown Parkway.
We help you plan for income in retirement, keep more of what you have saved and make things easier on the people you love.
What we help with
Families in Lakeland often have growing children and aging parents at the same time. These are the areas we help with.
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 is obligated to put your interests first. For families planning for two generations at once, that clarity 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 Educational Workshops are held on Monday evenings at The Great Hall & Conference Center in Germantown.
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 to know as 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Tennessee does not tax wages, its Hall tax on interest and dividends ended in 2021, and the state inheritance tax was repealed in 2016.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 Lakeland families
I am still working. Is it too early to plan?
No. The five to ten years before retirement are often when planning helps most, because there is still time to make choices about saving, taxes and Social Security.
Do we need a will or a trust?
A will says who receives what, but it generally goes through probate. A living trust can help your family avoid probate and keep things private. Many families use both.
What should we have in place for an aging parent?
A durable power of attorney, a health care directive, a HIPAA release and one list of their accounts and contacts that the family can find quickly.
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.
