by Susan Grissom | Apr 5, 2022 | Estate Planning, Wills & Trust
The estate planning world, financial planning world, and lawmakers considered a number of significant changes to estate and gift taxes the end of 2021 and the Biden Administration set forth a series of proposals to pay for the Build Back Better Act. There was...
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...
