by Susan Grissom | Feb 21, 2023 | Estate Planning
A pour-over will is a will that works with a revocable or irrevocable trust. When you want to protect your privacy, one of the ways is to create a pour-over will and a trust. Instead of listing everything in the will, you fund the trust. The pour-over will refers to...
by Susan Grissom | Feb 14, 2023 | Estate Planning, Wills & Trust
This is part 5 of 5 blogs focused on funding trusts that are a part of an estate plan. In the last 4 blogs, we have focused on funding your trust with savings bonds, financial accounts, real property, and business interests to avoid probate. Today we will focus on...
by Susan Grissom | Feb 7, 2023 | Business, Estate Planning, Wills & Trust
This is part 4 of 5 blogs focused on funding trusts that are a part of an estate plan. In the last 3 blogs, we have focused on funding your trust with savings bonds, financial accounts and real property to avoid probate. Today we will focus on funding your trust with...
by Susan Grissom | Jan 31, 2023 | Estate Planning, Wills & Trust
There are many reasons to use a trust, revocable or irrevocable, as a part of an estate plan. One of the most frequent reasons is the avoidance of probate, particularly when real property is involved in multiple states. In the last 2 blogs, we have focused on updating...
by Susan Grissom | Jan 24, 2023 | Estate Planning, Wills & Trust
When your estate plan includes a trust with the goal of avoiding probate, it is important that each of your financial accounts are updated to accomplish that goal. Last week we discussed savings bonds. This week we are focused on bank accounts and brokerage accounts...
by Susan Grissom | Jan 17, 2023 | Estate Planning, Wills & Trust
Savings bonds are accrual-type securities that have been offered by the United States Department of the Treasury since 1935. They can be purchased for yourself or given as gifts. Because of the simplicity, low risk, and predictable interest rate, savings bonds...
by Susan Grissom | Jan 10, 2023 | Estate Planning
One of the essential things adults need to do — regardless of age — is to prepare an estate plan. A typical estate plan includes a Last Will and Testament, a Financial Power of Attorney, and an Advance Directive for Healthcare, and it may include one or...
by Susan Grissom | Jan 3, 2023 | Estate Planning
As we begin 2023, I wish to take the opportunity to introduce the Grissom Law team to you. Many of you have met everyone but if you have not had the opportunity to do so, I hope you will have an opportunity to meet each of the talented individuals who make up the...
by Susan Grissom | Dec 27, 2022 | Estate Planning
There is currently no estate tax in Georgia, it was abolished in 2014. However, you might still have to pay federal estate taxes, depending on the size of your estate. The exemption amount has increased over the years. In 2022, the federal estate tax exemption was...
by Susan Grissom | Dec 20, 2022 | Estate Planning
2022 is coming to a close and I wish to take the opportunity to thank our clients and referral partners for trusting us and allowing us to work with you during 2022! I also wish to wish each of you Happy Holidays and much happiness in 2023! During 2022, Grissom...
