by Susan Grissom | May 18, 2021 | Estate Planning, Wills & Trust
Part of creating an estate plan may include documenting what you want your family to do with your body after you die. You can have a funeral and burial, be cremated, donate organs, or you can donate your whole body to science. In some cases, the family decides to...
by Susan Grissom | May 11, 2021 | Estate Planning, Probate, Wills & Trust
When you create an estate plan, one of the vehicles you can use to manage your assets either during your lifetime or after your death is a trust. There are several types of trusts available depending on your circumstances and how you want to manage your estate. Two of...
by Susan Grissom | May 4, 2021 | Estate Planning, Probate
Most people choose just one person to be the executor of an estate and one person to be the trustee of a trust. However, you can choose more than one. Before you make that decision, you should carefully consider the people you choose. Choosing people who do not get...
by Susan Grissom | Apr 27, 2021 | Estate Planning
Georgia has both a financial power of attorney and a healthcare power of attorney, usually referred to as an advance directive for healthcare. When you are creating your estate plan, you should consider including both documents. Both documents allow someone else to...
by Susan Grissom | Mar 23, 2021 | Estate Planning
The Internal Revenue Service has a lifetime gift tax exemption. The amount of the exemption is adjusted annually for inflation. For 2020, the exemption was $11.58 million. This means persons who died in 2020 could give away up to $11.58 million in assets without...
by Susan Grissom | Mar 9, 2021 | Estate Planning, Wills & Trust
We receive several questions related to trusts on a regular basis. In this blog, I will address some of the most frequent questions regarding trusts and taxes. Do trusts pay taxes? One of the most frequent questions I get with regards to trusts is whether income...
