The Elrod Firm

Topic: Estate Planning

Pick The Right Team

The NCAA Men’s Division I Basketball Tournament was first played in 1939.  There was no Sweet Sixteen that year or in the decade that followed because the original tournament bracket included only eight teams.  In 1951, the tournament expanded to include teams from 16 schools, and since then it has grown to the field of …

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The Day The Music Died

February 3, 2019, marks the sixtieth anniversary of the plane crash that resulted in the untimely deaths of Buddy Holly, Ritchie Valens, and “The Big Bopper” Richardson, three of America’s hottest rock and roll musicians at the time. If not for a perfect combination of poor scheduling, bad weather, a virus, and a coin toss, …

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Johnny Cash sings a song that begins, “One day near Christmas when I was just a child, mama called us together and mama tried to smile.” Mama said, “You know the cotton crop hasn’t been too good this year. There’s just no spending money and well at least we’re all here.”  In Johnny’s words, mama …

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Did We Use Our Trust Right?

Justin, My mother recently set up a trust, and she asked me to look over everything to see if I had any questions. Everything looks right to me—she even retitled her home and brokerage account into the name of the trust. She didn’t change her checking and savings accounts, but she said she planned to add me to those. Do you have any other suggestions?

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