by Susan Grissom | Feb 13, 2024 | Estate Planning, Probate, Wills & Trust
Georgia does not have a small estate probate process; however, Georgia code, O.C.G.A. § 7-1-239, does include a provision that allows heirs to acquire financial assets from a financial institution without having to go through probate court when the deceased died...
by Susan Grissom | Feb 6, 2024 | Estate Planning, Probate
In Georgia, as in other states, the laws of intestacy take place when someone passes away without a valid will or estate plan. Intestacy laws determine how the deceased person’s assets are distributed among their heirs. While it is always advisable to have a...
by Susan Grissom | Jan 30, 2024 | Probate
When we work with clients to probate their loved ones’ estates, only one thing is certain: everyone will have a lot of questions. Probate is not the most intuitive process, although once you see it all in context the steps make more sense. In this blog, we...
by Susan Grissom | Jan 23, 2024 | Estate Planning
Welcoming a new generation into your family is a joyous occasion. While you may want to provide financial support for your grandchildren’s future, there are several ways to save and invest wisely to secure their financial well-being. Saving for your...
by Susan Grissom | Jan 21, 2024 | Uncategorized
The death of a loved one can be a deeply emotional time. If they owned a business, the additional complexities of probate can add significant stress. One crucial aspect to navigate is the transfer of business assets within the probate process. Understanding Probate...
by Susan Grissom | Jan 16, 2024 | Estate Planning
In the complex world of personal finance, navigating the intricacies of taxes, investments, and estate planning can be a daunting task. Whether you’re an individual seeking financial stability or a business owner aiming for long-term success, assembling the...
by Susan Grissom | Jan 9, 2024 | Estate Planning
The current estate and gift tax exemption of 2024 is $13,610,000.00 (or $27,220,000.00 for a couple). There is still a step-up in basis for inherited property and assets, and the annual gifting limits are higher than ever at $18,000.00 (or $36,000.00 for a couple) per...
by Susan Grissom | Jan 2, 2024 | Estate Planning
Creating an estate plan can be a daunting task for some individuals, but it is a necessary step in securing your assets and ensuring that your property is left to the beneficiaries of your choice. The importance of estate planning cannot be overstated, as it provides...
by Susan Grissom | Dec 26, 2023 | Estate Planning, Wills & Trust
As part of an estate plan, you can create two types of powers of attorney – specific or limited and general / durable power of attorney. Both documents authorize others to handle matters named in the document under certain circumstances. However, you need to ensure...
by Susan Grissom | Dec 19, 2023 | Estate Planning
As we wrap up 2023, I wish to take the opportunity to thank our clients and referral partners for trusting us and allowing us to work with you during 2023! I also wish to wish each of you Happy Holidays! Without you, our success would not be possible. Thank you!...
