Governor Signs Senate Bill 461

By Hoffman & Associates

Governor Perdue signed Senate Bill 461 in law on May 28, 2010, making the provisions thereof retroactive to January 1, 2010. As discussed, the law allows married Georgia residents to utilize the entire step up in basis provided under the current estate tax laws without modification to current documents.

If you have any questions about this law or how it affects your estate plan, please give us a call at 404-255-7400 or email us at info@hoffmanestatelaw.com.