Do I really need a lawyer to create an estate plan?
Although there are many estate planning resources online which can help you create a Will on your own, these services cannot replace the guidance and expertise of an estate planning...
Planning for your pet as part of your estate plan
When thinking about your estate planning, have you planned for your pet(s)? For many of us, our pets are like children, and we want to ensure that they are properly...
Inherited Jewelry you do not want to keep… consider selling it!
As we turn over the calendar to a new year, many of us partake in an end of the year clean out ritual to rid ourselves of the things that...
Why is there a Credit Shelter Trust in my Will and do I still need one?
A credit shelter trust (CST) is a type of trust that is used to protect assets from estate taxes. It is typically used by married couples to ensure that their...
Advice for Graduates
Is your young adult headed to college in the fall? Does your long to-do list include estate planning for your high school graduate? It should! We are re-publishing this blog...
Health Care Directives 101
What is a Health Care Directive? The Georgia Advance Directive for Health Care (“Health Care Directive”) is a legal document that allows you to name someone to act on your...
TAX EXEMPT GIFTING LIMITS INCREASED
Last year we provided some advice for gifting during your lifetime. See this link https://legacystudiolaw.com/should-you-consider-gifting-money-to-family-or-friends-during-your-lifetime-as-part-of-your-estate-plan/ The numbers have been updated for 2023. You can now give an individual gift of...
Navigating the Options for Senior Living
Legacy Studio was thrilled to have a dessert-n-learn with Jana Eplan, founder of Senior Living Solutions. Jana is a friend of the firm, and came to educate us about the...
Should you consider gifting money to family or friends during your lifetime as part of your estate plan?
The IRS has increased the maximum amount we can gift to individual family members and friends tax-free from $15,000 to $16,000 per recipient per year. This means you can now...
Insurance and a Personal Representative’s Duty to Protect and Preserve
One of the main facets of your job as an executor or administrator is to protect and preserve the assets of an estate. When the estate includes property of value,...