georgia estate planning

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Revocable Living Trust: What You Need to Know

A revocable living trust is an essential aspect of any estate plan. Also known as a living trust, it is a legal entity created to hold personal and family assets. There are two parties involved in a living trust. They are the grantor, or trustmaker, and the trustee. Often, they end up being the same person. A revocable living trust goes through three phases which are outlined here.

By |2018-05-21T18:04:17-04:00May 21st, 2018|Estate Planning|Comments Off on Revocable Living Trust: What You Need to Know

What is a Charitable Remainder Trust (CRT)?

A Charitable Remainder Trust (CRT) allows a donor to transfer property to a trust, retaining the right to receive a stream of annual payments for a term chosen by the donor.

By |2017-11-13T04:08:42-04:00November 13th, 2017|Wills and Trusts|Comments Off on What is a Charitable Remainder Trust (CRT)?