by Susan Grissom | Apr 9, 2024 | Estate Planning
Imagine having the power to motivate and inspire your loved ones even after you’re no longer around. An incentive trust is a powerful tool that allows you to do just that. While traditional trusts provide financial security and asset distribution, an incentive...
by Susan Grissom | Apr 2, 2024 | Estate Planning, Probate
Today, we’re diving into a complex and often emotionally charged topic: blended families and their inheritance rights. Join us as we shed light on a scenario that might resonate with many of you. Imagine this: your father, a kind and loving soul, found happiness...
by Susan Grissom | Mar 26, 2024 | Estate Planning
Being self-employed comes with a unique set of responsibilities and freedoms. As a self-employed individual, you’re not only the owner but often the sole operator of your business. This dynamic presents both opportunities and challenges, particularly when it...
by Susan Grissom | Mar 19, 2024 | Estate Planning
Life insurance is important to have but imagine a life insurance policy that doesn’t pay out until both covered individuals have passed away. Sounds unusual, right? That’s the essence of a second-to-die life insurance policy, also known as survivorship...
by Susan Grissom | Mar 12, 2024 | Estate Planning
Contemplating the protection and management of your residence often leads to questions about whether to place it within a Limited Liability Company (LLC). This consideration involves weighing legal, financial, and personal factors to determine the best course of...
by Susan Grissom | Mar 5, 2024 | Estate Planning, Probate, Wills & Trust
Losing a loved one is already an emotional ordeal. Adding the complexities of probate, the legalities involved in settling the deceased’s estate can feel overwhelming. While navigating this unfamiliar territory, heirs and beneficiaries deserve clarity. One...
by Susan Grissom | Feb 27, 2024 | Estate Planning, Special Needs Trust, Wills & Trust
Executors and trustees are appointed by a court or in a Will or Trust to manage someone’s estate or trust. The role of an executor or trustee is important in the administration of an estate or trust, involving various responsibilities such as asset distribution,...
by Susan Grissom | Feb 20, 2024 | Estate Planning, Probate, Wills & Trust
Ancillary probate refers to a legal process that typically occurs when an individual owns property in multiple states at the time of their death. This can result in their loved ones having to initiate probate proceedings in each of the states where those properties...
by Susan Grissom | Feb 13, 2024 | Estate Planning, Probate, Wills & Trust
Georgia does not have a small estate probate process; however, Georgia code, O.C.G.A. § 7-1-239, does include a provision that allows heirs to acquire financial assets from a financial institution without having to go through probate court when the deceased died...
by Susan Grissom | Feb 6, 2024 | Estate Planning, Probate
In Georgia, as in other states, the laws of intestacy take place when someone passes away without a valid will or estate plan. Intestacy laws determine how the deceased person’s assets are distributed among their heirs. While it is always advisable to have a...
