by Susan Grissom | Jul 15, 2016 | Elder Care, Estate Planning, Probate, Wills & Trust
A Revocable Living Trust is an effective estate planning tool for avoiding the costs and time of probate, preserving privacy, providing for management of assets during times of incapacity disability thereby avoiding the appointment of a conservator or guardian for...
by Susan Grissom | Jun 1, 2016 | Elder Care, Estate Planning, Probate, Wills & Trust
An estate plan, regardless of the size of the estate, should include at least three (3) documents: a Last Will and Testament, a Financial Power of Attorney or General Durable Power of Attorney and an Advance Directive for Healthcare. Last Will and Testament A Last...
by Susan Grissom | May 16, 2016 | Probate
When a family member passes, there are a number of things that should be done, some require immediate attention and others can be taken care of in the weeks and months following the death. The following list is a suggestion of things you should consider doing...
by Susan Grissom | Apr 15, 2016 | Elder Care, Estate Planning, Probate, Wills & Trust
Life Insurance is included in the value of a decedent’s estate for tax purposes. Currently, the estate tax exemption is approximately $5.45 million and is indexed for inflation. As a result, only a very small percentage of estates are taxable; however, many persons...
by Susan Grissom | Apr 1, 2016 | Elder Care, Estate Planning, Probate, Wills & Trust
A frequent question asked of probate and estate planning attorneys is “Is Probate necessary? This is a question that depends on the specific laws of the state in which the deceased lived and owned real estate, as well as, the specific facts and circumstances. The...
