by Susan Grissom | Sep 28, 2021 | Business
When starting a business, one important decision is the choice of business entity, such as a limited liability company, corporation, partnership, non-profit corporation, or some other entity. Last week in our blog, we focused on limited liability companies. This week,...
by Susan Grissom | Sep 21, 2021 | Business
When starting a business, one important decision is the choice of business entity, such as a limited liability company, corporation, partnership, non-profit corporation, or some other entity. Each have different governance and tax ramifications. If you are not sure...
by Madalyn Davis | Sep 14, 2021 | Estate Planning, Wills & Trust
Georgia is one of few states where you can disinherit a spouse. Unlike many other states, there are not laws directing that a certain percentage of your estate must pass to a spouse and Georgia does not consider property acquired during marriage to be owned 50/50....
by Susan Grissom | Sep 7, 2021 | Estate Planning, Wills & Trust
Is my estranged spouse entitled to my estate? Yes While you and your spouse might be estranged, you are still legally married. If you do not have a Will, your estate will be controlled by intestate laws, which in Georgia means that your estranged spouse could...
by Susan Grissom | Aug 31, 2021 | Estate Planning, Wills & Trust
A sort of legal urban legend says that you should disinherit someone by leaving that person One Dollar which, in theory, stops them from contesting your Will. Like most urban legends, there is a nugget of truth and a lot of myth. The Thinking Behind Leaving One Dollar...
by Susan Grissom | Aug 24, 2021 | Estate Planning
There are certain things that should happen at least once a year: an annual physical, filing taxes, meeting with your financial advisor, and reviewing your estate plan. Take a look at who you’ve named in key roles, like Executor and healthcare agents. You should also...
by Susan Grissom | Aug 17, 2021 | Elder Care, Estate Planning
Medicaid is a needs-based government assistance program that provides health coverage to low-income adults, children, pregnant women, adults over 65, and those with disabilities. In Georgia, to qualify as needs-based, your income must be below $2,382 a month per...
by Susan Grissom | Aug 10, 2021 | Elder Care, Estate Planning
Medicaid is a needs-based program, which means if your income and / or assets are too high, you won’t qualify. What happens in scenarios where your income exceeds the income limit, but you do not make enough to cover the costs of care? It is possible in the...
by Madalyn Davis | Aug 3, 2021 | Elder Care, Estate Planning
Medicaid is a needs-based program, which in Georgia, requires the recipient to prove they financially require assistance with income and asset limits. See more about those requirements here. Most people have more income and assets than the limits, but not enough to...
by Madalyn Davis | Jul 27, 2021 | Elder Care, Estate Planning, Wills & Trust
All too many of our clients come to us with stories of the difficulties they faced when mom or dad are diagnosed with dementia. Without advanced planning, there was no one to legally manage their finances, make medical decisions, or deal with real property. Dementia...
