In Georgia, if you die (“decedent”) without a Will (an “Intestacy”), then the state has a hierarchy of inheritance. It is based upon relationship to the decedent. Estate administration in Georgia without a will may not distribute your estate in … Continue Reading →
Understanding the One Big Beautiful Bill Act and Your Donations You are no doubt aware the One Big Beautiful Bill Act is now law, bringing significant charitable giving tax changes. Like most tax bills, there is some good news and … Continue Reading →
What is a Donor Advised Fund (DAF)? Donor advised funds (DAF) are a philanthropic giving vehicle administered by a public charity. Under Internal Revenue Code § 4966(d)(2), a DAF is an account maintained and operated by a section 501(c)(3) organization … Continue Reading →
Selecting an executor is arguably the most important decision that a person makes in the estate planning process. In choosing an executor, you are asking a person to step into your shoes. They will resolve your business and professional life. … Continue Reading →
A Powerful Connection: Charitable Giving for Business Owners During my involvement over many years with business owners and with charities, I have found that these two paths have often crossed. I have served on charitable boards and very often, they … Continue Reading →
If you have been an executor or had to help someone locate documents, such as healthcare detectives, or just needed to access someone’s online accounts for them, you may have experienced challenges in finding the information. Organization of one’s essential … Continue Reading →
I have a friend who is a professional colleague, and we have known each other for quite some time. We share similar views regarding our profession and we have similar interests. Besides golf, hunting, and fishing, we found common ground … Continue Reading →
There are advantages to donating stock to charity instead of giving cash. This assumes that you have stock that has appreciated in value and that you are planning to make a gift in the first place. Cash can be the … Continue Reading →
If you have a Will, congratulations! Recent statistics indicate that 60-70% of American adults do not have Wills. Of those who do have Wills, most begin the process of making a Will sometime in their 30s or 40s. Very often, … Continue Reading →
Why Now is the Perfect Time for Tax Planning Proactive personal tax planning is a year round exercise under the best of circumstances. At the very least, the final 3 months of the year should attract one’s attention in this … Continue Reading →