Author name: Marketing

Planning for the unexpected is one of the most meaningful gifts you can give to yourself and your loved ones. In Georgia, an Advance Directive for Health Care allows you to clearly communicate your medical wishes in case you are ever unable to speak for yourself, and allows you to appoint a trusted person to make health care decisions for you when you are unable to do so for yourself.

For income tax purposes, trusts fall into one of two broad categories: “grantor” trusts, which are treated as if they are another party for income tax purposes (who is generally, but not always, the creator, a/k/a the “grantor”, of the trust), and “non-grantor” trusts.