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...
by Susan Grissom | Jan 30, 2024 | Probate
When we work with clients to probate their loved ones’ estates, only one thing is certain: everyone will have a lot of questions. Probate is not the most intuitive process, although once you see it all in context the steps make more sense. In this blog, we...
by Susan Grissom | Jan 23, 2024 | Estate Planning
Welcoming a new generation into your family is a joyous occasion. While you may want to provide financial support for your grandchildren’s future, there are several ways to save and invest wisely to secure their financial well-being. Saving for your...
by Susan Grissom | Jan 21, 2024 | Uncategorized
The death of a loved one can be a deeply emotional time. If they owned a business, the additional complexities of probate can add significant stress. One crucial aspect to navigate is the transfer of business assets within the probate process. Understanding Probate...
by Susan Grissom | Jan 16, 2024 | Estate Planning
In the complex world of personal finance, navigating the intricacies of taxes, investments, and estate planning can be a daunting task. Whether you’re an individual seeking financial stability or a business owner aiming for long-term success, assembling the...
by Susan Grissom | Jan 9, 2024 | Estate Planning
The current estate and gift tax exemption of 2024 is $13,610,000.00 (or $27,220,000.00 for a couple). There is still a step-up in basis for inherited property and assets, and the annual gifting limits are higher than ever at $18,000.00 (or $36,000.00 for a couple) per...
