by Susan Grissom | Apr 6, 2021 | Business, Corporate
The State of Georgia, like other states, requires that businesses registered with the Secretary of State have a Registered Agent associated with the business. When an entity is formed in Georgia, the name and address of the Registered Agent is required information in...
by Susan Grissom | Mar 30, 2021 | Business, Corporate
Each year, Georgia businesses are required to take certain actions to continue to do business legally within Georgia. Here are a few of the actions, annual renewals, etc., you may be required to take: Entity Status Renewal In Georgia, every corporation, limited...
by Susan Grissom | Mar 23, 2021 | Estate Planning
The Internal Revenue Service has a lifetime gift tax exemption. The amount of the exemption is adjusted annually for inflation. For 2020, the exemption was $11.58 million. This means persons who died in 2020 could give away up to $11.58 million in assets without...
by Susan Grissom | Mar 16, 2021 | Probate
In most cases, the personal representative needs to file a final tax return on behalf of the deceased – with the Internal Revenue Service (IRS) and Georgia. If you are the administrator of the deceased’s estate, you should contact a Georgia probate attorney to help...
by Susan Grissom | Mar 9, 2021 | Estate Planning, Wills & Trust
We receive several questions related to trusts on a regular basis. In this blog, I will address some of the most frequent questions regarding trusts and taxes. Do trusts pay taxes? One of the most frequent questions I get with regards to trusts is whether income...
