Ensuring your assets go to your loved ones can be an important part of your financial planning. In Georgia, several methods exist to pass on your assets before death, each with its own advantages and legal considerations. Gifting assets One common way to pass assets...
When planning for the future, it is important to understand the difference between a will and a trust. Both serve as tools for managing and distributing assets, but they function in distinct ways. What is a will? According to CNBC, 67% of Americans do not have an...
When mapping out the future, individuals want to know if their personal items are going to a good place. Estate planning is important for ensuring other people care about and properly handle one's assets and wishes after death. Unfortunately, many scams target those...
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...
