Planning for incapacity is an essential part of estate planning in Georgia. Specific documents in your estate plan protect you and your loved ones in the event you become unable to make personal, medical, or financial decisions for yourself temporari… Read More

In a carefully structured estate plan, certain assets — such as stocks, bonds, and real estate — may acquire a stepped-up basis when the asset is inherited, resulting in considerable capital gains savings if the asset is sold by the beneficiary.… Read More

If you own an interest in a limited liability company, commonly known as an LLC, transferring the LLC into a carefully drafted trust as part of your estate plan may provide substantial benefits. But before you make the decision, it is essential to ge… Read More

Trusts are an important estate planning tool that can accomplish specific goals for a person who creates an estate plan. A trust must be created through a complex legal document before property can be transferred into the trust. The method for transf… Read More

If you own a small business, your estate planning goals should include addressing matters relating to disposition of your business interest, as well as business succession and continuity of the business. The related documents in your estate plan can… Read More

Covering the exceedingly high costs of potential long-term and nursing home care is one of the primary concerns of seniors as they age. Planning ahead to address these expenses is the best approach for preserving assets and, in some cases, may help a… Read More

Estate planning is one of the most important steps you can take to protect yourself, your loved ones, and your assets during your life and after your death. Yet many people make mistakes that prevent them from taking advantage of all the protections… Read More

For 2024, the lifetime federal estate and gift tax exemption stands at $13.61 million per person. In the absence of Congressional action, the exemption will be roughly cut in half — to about $7 million per person — on January 1, 2026, due to suns… Read More