January 2018 Archives

How trusts can help protect your business

If you are a Johns Creek area business owner or anticipate becoming one, one of the most important things you could ever do to protect your investment involves estate planning. Though your company might be fairly young, it is never too early for you to put plans in place to ensure its operations when you are not able to manage it. 

Digital assets can be important in estate planning

With the rise in popularity and value of bitcoins and other cryptocurrencies, new questions have arisen for Georgia residents who want to get involved with these forms of digital investments. Backed up by blockchain technology and often characterized by anonymity, cryptocurrencies can hold great financial value. As they are personal property, it can be important to account for them during estate planning.

Art collections need careful estate planning

More so than perhaps any other kind of collection, an art collection is a reflection of its curator. His or her tastes, quirks, and, perhaps above all else, level of wealth are on display with the collected items themselves. Georgia is home to some impressive hoards of artistic gold—sometimes literally—but collectors here may make the same mistake as others: failing to do proper estate planning for the disposition of their art assets after death.

Tailoring an estate plan after tax law changes

Ideally, Georgia residents will maintain their estate plans much like they would maintain their homes and cars. This means regularly reviewing them to ensure that it still meets their needs. Reviews should be done after major life events like a marriage or divorce. In light of recent tax changes, it may be a good idea for married couples to ask about their joint exemption. Married couples are now entitled to a $22.4 million federal estate tax exemption.

Common estate planning errors

There are a number of common errors a person in Georgia might make in estate planning that could lead to problems in carrying out his or her wishes. One of the main errors is procrastinating on putting together an estate plan at all. If someone dies without a will or any other estate planning, the state will determine what happens to that person's belongings.

Upcoming Workshops

3 Easy Steps To Protect Your "Stuff" This workshop addresses frequently asked questions and common misconceptions on Wills & Trusts, Asset Protection, Nursing Home Issues, and Medicaid Qualification.

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Call Us Today To Schedule A Consultation

We are ready to help you start planning. To schedule an initial consultation, call us at 770-822-2723 or 866-735-9628. You may also contact us online.

ESTATE PLANNING LAW GROUP OF GEORGIA,

Johns Creek Office
11555 Medlock Bridge Road, Suite 100
Johns Creek, GA 30097

Toll Free: 866-735-9628
Phone: 770-822-2723
Fax: 770-573-3379
Map & Directions

Lawrenceville Office
1755 North Brown Road, Suite 200
Lawrenceville, GA 30043

Toll Free: 866-735-9628
Phone: 770-822-2723
Fax: 770-573-3379
Map & Directions

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