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What Happens to My Living Trust If I Get a Divorce?

In the midst of a divorce, individuals with a living trust may have concerns about the fate of their trust and its assets. Understanding the implications of a living trust in the event of a divorce is crucial for safeguarding one's assets and planning for the future.

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Pass The Love Along Through Proper Estate Planning

When we think about estate planning, we often focus on the distribution of assets and financial matters. While these are certainly important aspects, there is another dimension to estate planning that goes beyond money. It's about passing along love, care, and values to future generations. By incorporating elements of love and compassion into your estate plan, you can create a lasting legacy that extends far beyond material possessions.

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Is My Inheritance in Georgia Protected in the Event of Divorce?

In the unfortunate event of a divorce, individuals often have concerns about the protection of their inheritance. Specifically, in the state of Georgia, there are legal considerations and protections in place that address this important question.

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After a Dementia Diagnosis: Preparing for the Future

A diagnosis of dementia, a category of diseases affecting memory and thinking that includes Alzheimer’s disease, can feel overwhelming and upsetting. You might worry that you will lose control over your life and ability to make your own decisions. Fortunately, receiving a diagnosis of dementia or Alzheimer’s does not mean that you cannot execute legal documents or make decisions about plans for your future finances and health care.

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Will I Have to Pay Tax on My Inheritance?

Inheriting wealth or assets from a loved one can be both a blessing and a burden. While it may provide financial stability, many individuals wonder if they will have to pay taxes on their inheritance. The answer to this question is not a simple yes or no, as it depends on various factors. Let's explore the topic in more detail.

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IRS Raising Annual Gift Tax and Estate Tax Exclusions in 2024

In an effort to keep up with inflation, the Internal Revenue Service (IRS) has announced adjustments to the annual gift tax and estate tax exclusions for the year 2024. These changes are a reflection of the evolving economic landscape and aim to ensure that taxpayers are aware of their obligations and entitlements.

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Cheers to a Bright and Successful Year Ahead!

As the clock strikes twelve, a brand new year Hope fills the air, banishing all fear. The past is behind us, a chapter now closed A fresh canvas awaits, where dreams are composed.

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Have yourself a very Merry Christmas!

In the frosty air, a joyous tune Christmas spirit begins to bloom. Lights twinkle, casting a magical glow As snowflakes dance, gently falling below.

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A Gift For Your Children (2023)

During the holiday season, families worldwide engage in the tradition of giving gifts to express their love and appreciation for one another. As parents, we strive to find the perfect presents for our children, and kids eagerly await the moment they can unwrap the surprises waiting for them under the Christmas tree. But as we all know, some of the most valuable gifts in life cannot be purchased from a store.

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How does the Sandwich Generation Plan for The Future? (Part 2)

It’s an excellent idea to consult your attorney about legal documents if a sudden financial or medical decision presents itself. You need to have the legal power to make important decisions for your aging parents and minor children.

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