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...
