by Susan Grissom | Mar 15, 2022 | Elder Care, Estate Planning
The short answer to this question is, “It depends.” Alzheimer’s disease, Parkinson’s disease, chronic traumatic encephalopathy and other illnesses that cause memory loss often take their time affecting a person. In the early stages, a person...
by Susan Grissom | Mar 8, 2022 | Estate Planning
Unless you are creating a specific trust designed to hold a retirement account, it is not advisable to transfer retirement accounts to a trust. By transferring a retirement account into a trust, you will likely trigger withdrawal penalties and taxes. Even though it is...
by Susan Grissom | Mar 1, 2022 | Business, Estate Planning, Wills & Trust
You might already have an estate plan for your personal property and accounts, but what about your business? You can protect your business and strengthen your estate plan by assigning your business interests to a living trust. You can transfer your business interest...
by Susan Grissom | Feb 22, 2022 | Estate Planning, Wills & Trust
Trustee of Revocable Living Trusts in Georgia The decision to create a Trust should not be based on how many assets you have, but rather on your plans for probate and incapacity. A Trust allows a Trustee to manage your assets, even if you are incapacitated and avoids...
by Susan Grissom | Feb 15, 2022 | Estate Planning, Wills & Trust
Your estate planning attorney can help you draft a revocable living trust, see our blog on Revocable Living Trusts. Once you create the trust and sign the document, funding the trust is necessary. Funding the trust is accomplished by transferring assets into the trust...
by Susan Grissom | Feb 8, 2022 | Estate Planning, Wills & Trust
Revocable Trusts in Georgia Most people believe you must have a certain level of wealth to need a trust; however, a revocable living trust, (sometimes just a revocable trust or a living trust) is really just an estate planning tool that will manage your assets during...
by Susan Grissom | Feb 1, 2022 | Estate Planning, Wills & Trust
A Last Will and Testament (more commonly known as a Will) is document that states your final wishes and tells people what to do with your possessions. While making a Last Will and Testament seems easy, if certain rules are not followed, it may do more harm than good....
by Susan Grissom | Jan 25, 2022 | Business, Estate Planning
It is always good to create a succession plan for any business. Whether you want to leave your business to family, a friend, an employee, or a yet unknown associate, in order for your business to continue after your death, you need to create a succession plan. The...
by Susan Grissom | Jan 18, 2022 | Estate Planning
Many young families do not think of creating an estate plan, which could be a mistake. While no one thinks something will happen to them, accidents and unexpected illnesses happen, even to people in their 20’s and 30’s. Creating an estate plan can head off...
by Susan Grissom | Jan 11, 2022 | Estate Planning, Wills & Trust
Many people think they only need to create an estate plan, or think about Wills, in the later part of their life. Unfortunately, for many who choose to wait, it becomes too late to create an estate plan. Even if you do not have many assets, an estate plan can assure...
