North Fulton Business Radio, Episode 656)
On this episode of North Fulton Business Radio, Richard Morgan, Partner with Morgan & DiSalvo, joined host John Ray to discuss his estate planning practice. Richard talked about the unique estate planning issues blended families confront, what questions spouses of blended families and couples without children need to discuss to begin the planning process, how assets are passed upon the death of the first spouse, and much more.
Morgan & DisSalvo, PC is a boutique law firm (four attorneys, one counsel attorney, and two paralegals) that focuses on providing top-quality, personalized service to people who need help in the areas of estate planning (including Wills, trusts, powers of attorney, and advanced directives for health care), estate and gift tax planning, estate administration and probate, trust administration, estate and trust dispute resolution, elder and disability-related issues, and business succession planning.
Morgan & DiSalvo also assist with tax controversies, income, employment, estate, gift, and generation-skipping transfer taxes. They are located in Alpharetta, which is convenient for nearly all parts of metro Atlanta.
Richard M. Morgan has been practicing law in Georgia since 1987. Richard founded the award-winning Alpharetta law firm of Morgan & DiSalvo, P.C. in 1995 to help individuals and families plan and prepare for the many changes that life brings. Morgan & DiSalvo is recognized as a U.S. News & World Report and Best Lawyers.com “Best Law Firm” since 2013. Morgan & DiSalvo received the highest “Tier 1” rating in Trusts and Estates Law, a distinction held by only 23 law firms in Georgia.
Richard prides himself on bringing peace of mind to individuals and families by helping them prepare for significant life events. Richard specializes in finding creative solutions for clients in the areas of estate & tax planning, estate & trust dispute resolution, business succession planning, planning for special needs beneficiaries, charitable gift planning, and tax controversies.
Richard’s work is differentiated by his level of service and attention to detail. His technical and analytical capabilities and problem-solving approach are unique among attorneys. A leader in his field, Richard is past president of the Taxation Sections of both the Georgia and Atlanta Bar Associations, the Estate Planning & Probate Section of the Atlanta Bar Association, the North Georgia Estate Planning Council, and the Georgia Planned Giving Council. Richard serves on the Executive, Legislative, and Georgia Trust Code Revision committees of the Fiduciary law section of the Georgia Bar Association. Richard also serves on a 2 member sub-committee of the Fiduciary Law Section to propose a Technical Corrections Bill to improve the 2017 Georgia Uniform Power of Attorney Act.
In 2014, Richard was elected as a Fellow in The American College of Trust and Estate Counsel (ACTEC). This is the most prestigious group of Trusts and Estates attorneys in the country, with only 59 Fellows in the State of Georgia. ACTEC membership is only offered to those who have provided substantial contributions to the field of trusts and estates law. Richard has used his charitable gift-planning expertise over the years by serving as the chairman or member of professional advisory committees of several large Atlanta organizations including the Jewish Federation of Greater Atlanta, Jewish Family & Career Services, the Community Foundation of Greater Atlanta, and YMCA of Metropolitan Atlanta.
Richard received his B.B.A. in Accounting, cum laude, and his J.D. degree, cum laude, from the University of Georgia. He received his LL.M. in Taxation from Emory University. Richard is a frequent speaker on estate and tax planning, charitable gift planning, and other tax-related topics.
Richard loves life and all that it has to offer, but his greatest accomplishments have all been related to his wonderful and loving family, including his incredible wife and three children, and of course, now two Goldendoodles.
- What questions do the spouses of blended families and couples without children, need to discuss to begin planning their estate?
- To whom and how are assets passed upon the death of the first spouse?
- How are remaining assets passed after the surviving spouse’s death?
- How do you determine the primary planning document needed – will or revocable living trust?
- What are the viable options to benefit both the surviving spouse and other desired beneficiaries?
North Fulton Business Radio is hosted by John Ray and broadcast and produced from the North Fulton studio of Business RadioX® inside Renasant Bank in Alpharetta. You can find the full archive of shows by following this link. The show is available on all the major podcast apps, including Apple Podcasts, Spotify, Google, Amazon, iHeart Radio, Stitcher, TuneIn, and others.
Renasant Bank has humble roots, starting in 1904 as a $100,000 bank in a Lee County, Mississippi, bakery. Since then, Renasant has grown to become one of the Southeast’s strongest financial institutions with over $13 billion in assets and more than 190 banking, lending, wealth management, and financial services offices in Mississippi, Alabama, Tennessee, Georgia, and Florida. All of Renasant’s success stems from each of their banker’s commitment to investing in their communities as a way of better understanding the people they serve. At Renasant Bank, they understand you because they work and live alongside you every day.
Since 2000, Office Angels® has been restoring joy to the life of small business owners, enabling them to focus on what they do best. At the same time, we honor and support at-home experts who wish to continue working on an as-needed basis. Not a temp firm or a placement service, Office Angels matches a business owner’s support needs with Angels who have the talent and experience necessary to handle work that is essential to creating and maintaining a successful small business. Need help with administrative tasks, bookkeeping, marketing, presentations, workshops, speaking engagements, and more? Visit us at https://officeangels.us/.