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...
by Susan Grissom | Apr 4, 2023 | Probate
When drafting estate plans and when working with clients to probate estates, I am frequently asked “what compensation are Administrators and Executors entitled to?” Georgia code includes provisions for Personal Representative compensation, also referred to as...
by Susan Grissom | Mar 28, 2023 | Probate
Dealing with the death of someone we love is a stressful without the additional worry of addressing financial and legal matters. To make the process easier, here is a checklist of financial and legal matters you should deal with after a loved one’s death. This...
by Susan Grissom | Mar 21, 2023 | Probate
We regularly receive calls from persons asking if they need to probate a loved one’s estate. Unfortunately, the answer to the question is probate required depends on a number of factors including the specific laws of the state in which the deceased lived and owned...
by Susan Grissom | Mar 14, 2023 | Estate Planning
Many people love their animals and treat them as a member of the family. You might have one or more animals that may outlive you. You hope that someone in the family will take care of the pets, but you can’t always count on that – especially if you don’t...
by Susan Grissom | Mar 7, 2023 | Estate Planning
When creating an estate plan, you have several types of trusts to choose from. Almost everyone can find a trust that best meets their needs, including reducing taxes and protecting assets. A generation-skipping trust is a trust that passes your assets to your...
by Susan Grissom | Feb 28, 2023 | Estate Planning
When creating an estate plan, one of the benefits people look for is a way to protect assets from creditors, either theirs or those of their family. A Will does not protect your assets – it dictates your wishes and can include trusts that protect your beneficiary’s...
