The detail of a family member is a tragic time when loved ones may not be at their emotional best. Everyone processes grief in their own way. After the celebration of life, more steps must take place when it comes to a last will and testament. Many older parents...
Should funeral plans go into your will?
Your will is the document that the probate judge uses to make sure everything you planned for your estate happens. While your will is the appropriate place for many aspects of your personal affairs, a few, such as your funeral plans, do not belong. What else does not...
Why do some people use a generation-skipping trust?
Creating a trust is one way to make sure your children receive an inheritance. However, you may have grandchildren and want to leave money for them. This is possible through a generation-skipping trust. This kind of trust can be a useful estate tool in some...
Four ways to retain control over assets in the long run
Estate planning is a customizable process that is tailored to suit your needs and your vision of the future. As such, you have a lot of flexibility when it comes to choosing and drafting your estate planning tools. What’s important is that you know what you want out...
What is a simple will?
A will is typically the cornerstone document in an estate plan. However, plenty of adult Americans do not have a will of any sort in place, even if they have children. This can be risky for a number of reasons. Often, many think that wills are only for the elderly or...
What should you know about probate court?
Probate court handles estate issues. After a person dies, their estate goes through probate court. But, in Georgia, probate court serves a range of purposes. Understanding what this court does and how it operates can help you to understand why your estate process may...
Understanding revocable and irrevocable trusts
When you create a trust, your purpose is to protect your assets and make sure they are distributed in accordance with your wishes. If you decide to set up a trust, you as the grantor will allow another person, the trustee, to hold your assets on behalf of your...
What should you look for in a legal guardian?
A will is the foundational element of your estate plan. If you have children, you likely want to create your will to protect your assets and the future of your children. According to Forbes, a will is a legal document that allows you to dictate how the court will...
Have you set up an Advance Directive for Health Care?
Determining how your assets will distribute after your death is an essential part of estate planning. However, planning for potential end-of-life situations can be just as important, for both yourself and your loved ones. If you have not already done so, you may want...
What does an executor need to do?
When you select an executor for your estate plan, you may not initially be aware of exactly how much power they will hold or how much they will have responsibility over. In order to choose the right person for this crucial role, you should understand exactly what an...