By J. Benedict Hartman, published in the 2016 issue of The Advisor, a publication by Furman University.
For National Estate Planning Awareness Week, attorney Will Gallagher discusses the importance of having an up-to-date estate plan.
In his article for Business in Savannah, HunterMaclean partner Ben Hartman discusses the importance of estate planning in light of Prince’s recent death.
The IRS is expected to introduce new regulations that may curtail one way that families reduce their tax burdens as they pass wealth from one generation to the next. HunterMaclean attorney Ben Hartman discusses the issue further in his article for Elegant Island Living.
The advent of the Internet has changed the way we communicate, the way we shop, the way we learn—and now it is changing the way we plan our estates as well. In addition to the important steps of writing a will and creating an advance directive for health care, there are many new aspects to ensuring that affairs are in order. Attorney Ben Hartman discusses these new aspects of estate planning in his article for Elegant Island Living.
In Georgia, a new state Supreme Court ruling will significantly affect court cases involving trusts and conflict of fiduciary duty. Rollins v. Rollins, decided in March, illustrates the substantial conflict of interest that can occur when the owners of a family-operated business also control a trust that owns a part of that business. Attorney John Tatum discusses the outcome of the case and what it means for business succession plans.
Less than 50 percent of American adults have a completed estate plan. Even less have up-to-date plans. If you have an estate plan in place, you are already ahead of the curve. In this article for Elegant Island Living, attorneys Dave Burkoff and Will Gallagher share some advice on how to prepare a thorough estate plan.
Surveys show that while around 60 percent of Americans believe that all adults should have estate plans, only about 40 percent have one. Many think it will be a complex and difficult undertaking. Estate planning does not need to be complicated, but it does need three essential elements.
This article for Elegant Island Living offers advice to benefit estate planning.