Is a Residence in an Irrevocable Trust Eligible for the Capital Gains Exclusion?
June 24th, 2026
When a trust in an estate plan includes the principal residence of the individual who creates the plan, a common question that arises is whether the capital gains exclusion for individuals and married couples under Section 121 of the Internal Revenue…
Read More
Categories: Estate Planning
Share
Estate Planning Documents for a College-Bound Child
May 26th, 2026
A lot of planning goes into sending your child off to college. One critical aspect that you should not forget is establishing necessary legal protections for your young adult child. In Georgia and most other states, a child who reaches the age of 18…
Read More
Categories: Estate Planning
What Is the Year’s Support Provision in Georgia Inheritance Law?
April 28th, 2026
Georgia has a unique statutory provision that gives a surviving spouse and surviving minor children the right to claim an amount equal to a year’s support and maintenance from the estate of a decedent. The intent of the law is to protect family mem…
Read More
Categories: Estate Planning
Estate Planning for Young Families in Georgia
April 1st, 2026
Young families have so many responsibilities, plans, and goals. Creating an estate plan is usually not an endeavor that has a high priority, but it should. A complete estate plan protects all the family members in the event of unforeseen events and p…
Read More
Categories: Estate Planning
How to Keep Money in the Family With an Inheritance Trust
February 23rd, 2026
A family financial legacy provides security for children, grandchildren, and even future generations beyond. Protecting that legacy and keeping it in the family is one of the most important estate planning goals for many individuals. An inheritance t…
Read More
Categories: Estate Planning
What Is a Testamentary Trust in Georgia?
February 9th, 2026
Trusts are a strategy widely used by estate planning attorneys to accomplish specific estate planning goals. A testamentary trust is a type of trust that may be used in an estate plan. In this article, our estate planning lawyers at Asset Protection…
Read More
Categories: Estate Planning
Does a Trust Need an EIN for Tax Purposes?
January 9th, 2026
Individuals who create a trust as part of an estate plan naturally wonder if the trust needs an EIN for tax identification purposes. The answer depends on the type and nature of the trust. There are general rules that apply, but when you establish a…
Read More
Categories: Tax Planning
How to Renounce or Disclaim an Inheritance in Georgia
November 24th, 2025
Georgia law provides an option for renunciation or disclaimer of an inheritance by the intended recipient. The applicable statute establishes a required process as well as specific legal rules that apply when an inheritance is declined. If you consid…
Read More
Categories: Estate Planning
What Is a Medicaid Asset Protection Trust?
November 11th, 2025
Medicaid is a government benefits program that may help an older adult pay for nursing home care, if specific income and asset eligibility requirements are met. Medicaid planning with a qualified professional, such as our attorneys at Asset Protectio…
Read More
Categories: Elder Law
Does a Trust Impact My Ability to Receive Government Benefits?
October 24th, 2025
Trusts are a valuable tool in estate planning. A trust can accomplish goals that other approaches cannot. However, if you receive government benefits or contemplate applying for benefits in the future, a trust can impact your eligibility for those be…
Read More
Categories: Estate Planning
