by Susan Grissom | Jun 14, 2022 | Estate Planning, Wills & Trust
The love of a grandparent for a grandchild is a special love. If you are a grandparent and considering making gifts to your grandchildren, there are several options for doing so. In this blog, we touch on a few of them. Education and Medial Costs. While the IRS limits...
by Susan Grissom | Apr 26, 2022 | Estate Planning, Wills & Trust
As a full-service estate planning firm, part of what we offer our clients is the continued relationship beyond the execution of the estate plan. Creating a Will or a Trust is a big step in the right direction, but if a trust is not funded, or if beneficiary...
by Susan Grissom | Apr 19, 2022 | Estate Planning, Wills & Trust
Have you wondered what the difference between a Last Will and Testament and a Trust is and if one is better than the other? We get this question frequently and the answer is that it depends on your situation and your goals. Last Will and Testament A Last Will and...
by Susan Grissom | Apr 12, 2022 | Estate Planning, Wills & Trust
A frequent question we receive is will having a trust affect my taxes? Specifically, do I need to file another, new return and do I pay more taxes? To answer this question, you must determine if your trust is revocable or irrevocable. Revocable Grantor Trusts and...
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 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...
