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...
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...
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...
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...
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...
Our assets include much more than our physical possessions. Many of us have social media accounts, email accounts, online financial accounts and other digital assets. You may have given much thought on who will inherit your physical possessions upon your death, but...
A will is a necessary estate document. It spells out your wishes and lets your loved ones know what you would like to happen with your assets after you die. It can cover many things, even non-financial wishes. Still, the American Bar Association explains there are a...
Leaving money or property to loved ones in your will can certainly be an act of love and generosity. However, not all of these "gifts" are received that way. In some cases, you could be creating expensive problems for your loved ones when leaving them certain assets....
Many estate planning decisions were made years ago, filed away, and forgotten. But it is important to periodically review the ability of the person who you selected to wrap up your financial affairs after you die. Executor Executors play an important role in the...
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...
