Estate planning is an important aspect of securing your family's financial future and ensuring your assets get distributed according to your wishes. However, many people make avoidable mistakes that can jeopardize their intentions. Procrastinating Did you know that...
Starting a conversation with your elderly parents about estate planning may seem daunting at first. However, it is a way to help other people listen to their wishes many years in the future. Addressing this topic is a caring step toward securing your parents' future....
Probate is a complicated and time-consuming legal process of distributing a deceased person's assets and settling his or her debts. If you want to spare your loved ones the hassle of probate, you should understand how to create an estate plan that provides a smoother...
Estate planning is a meticulous process that involves outlining your wishes for the distribution of your assets after your passing. However, even the most carefully crafted estate plans may face contestation. 1. Lack of capacity One common ground for contesting an...
Choosing to build out your estate plan is a great step toward getting your affairs in order and lessening the burden on your family if the worst should occur. However, naming the right executor or executors is yet another crucial step to take in ensuring a smooth...
When you are appointed as a personal representative who oversees a Georgia estate, you have a great deal of responsibility. A personal representative is someone chosen by the testator, or the deceased individual who created the will. A personal representative is...
When building your estate plan at any stage of your life, it is important to consider what resources are available to you beyond just a simple will. For example, including a trust in your estate plan gives you unique options for passing on your estate that are not...
When you first sit down and organize what heirlooms and assets you want to give to each one of your family members and loved ones, you may not realize you have several options regarding how they receive them. The timing and way that they get the assets can change...
Creating advance medical directives can help your family make choices that would otherwise seem quite difficult without guidance. While you may think of such a document as something only the elderly need, accidents and sudden illnesses could incapacitate you at any...
The death 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 divide...