When people in Georgia and elsewhere consider estate planning, it is usually with the idea of taking care of financial matters and the distribution of assets to loved ones. We tend to think less about our changing needs as we get older and how certain health...
Choosing the right executor for your estate
Choosing an executor to carry out your wishes and manage your estate after you pass away is just as important as creating an estate plan. According to Ga. Code Ann. Sec. 53, in Georgia, you can choose anyone as an executor as long as they are at least 18 years of age...
5 reasons why you should have a power of attorney in place today
Every adult should consider whether they need a power of attorney in place. A POA allows you to choose who will make decisions on your behalf if for any reason you are unable to. Planning for incapacitation is hard to do while you are well, but like a will, a POA can...
When is the best time to update an estate plan?
It’s a good idea to review your estate plan on a regular basis. For instance, you might review your plan regularly, every three to five years. You should also update your estate plan after reach certain milestones or cross certain thresholds in your life. Family...
5 estate-planning mistakes and how to avoid them
You may be a millennial with a rising career and a growing family, or you may be approaching the end of your working life and anticipating retirement. No matter your age or circumstances now is the time to plan for the future and you want everything to go smoothly. To...
Do you need to begin estate planning?
While you might have heard of estate planning, you may not be sure whether or not it is something that you will need. Estate planning can have a lot of facets, and how complicated your plans need to be will depend on your exact financial and family circumstances. If...
Including pets in an estate plan
Many people think of their pets as part of their family and they have an option to include them in their estate plan. This can ensure that their pet is taken care of if they are disabled or pass away. Pet trust A person, called a grantor, can create a pet trust which...
Take these initial steps when creating an estate plan
You have pondered this topic for a few months. Now, you decided that it is time to get moving on creating an estate plan. After reading a few books and researching online, you have a general idea on what to do. Now that you have the right frame of mind and followed...
What are the powers of a health care agent under an advance directive?
In Georgia, an Advance Directive for Health Care lets you select a health care agent. He or she will act in your place when you are unable to act or if you choose not to. What powers does your health care agent have? Your health care agent has the same powers...
Why a power of attorney is an important part of an estate plan
People in Georgia own and acquire various property throughout their lives. They may buy homes and other real estate, vehicles, jewelry and other tangible property. They may also have bank accounts, retirement accounts, investment accounts and other financial accounts...
