by Susan Grissom | May 9, 2023 | Estate Planning, Probate
Some people use the terms ‘heir’ and ‘beneficiary’ interchangeably. However, the two terms actually mean different things. Not all heirs are beneficiaries, and not all beneficiaries are heirs. What is a Beneficiary? If you die with an estate plan, you should have...
by Susan Grissom | May 2, 2023 | Estate Planning
In a nutshell, portability allows a surviving spouse to use part or all of the deceased spouse’s estate tax exemption in addition to his or her own. While Georgia does not have an inheritance tax – the federal estate tax does apply to Georgia residents. Portability...
by Susan Grissom | Apr 25, 2023 | Estate Planning, Wills & Trust
Regardless of how young you are, unexpected illnesses and accidents can happen, leaving your loved ones trying to manage your affairs or settling your estate. Establishing an estate plan can provide the tools your loved ones need to more easily manage your affairs and...
by Susan Grissom | Apr 18, 2023 | Estate Planning, Wills & Trust
Spring cleaning is not just for deep cleaning your house. It’s time to go over your financials, plan projects for the year, and update your estate plan. Before you make an appointment with your Georgia estate planning attorney, you’ll need to make a list of all the...
by Susan Grissom | Apr 11, 2023 | Estate Planning, Wills & Trust
Today we are revisiting a frequent question we receive, “what compensation are Trustees entitled to?” As is the case for Personal Representative Compensation Georgia code includes provisions for compensation of Trustees in §53-12-210. Per the Code, Trustees are...
