National Estate planning Awareness Week is during October and aims to highlight the importance of having an estate plan. Estate planning is not only important for the estate planner, it is also important for the estate planner’s loved ones which is which is why...
Getting your house in order involves not only making sure that your loved ones are taken care of, but also preparing for your own exit. People are often not ready for the legal process that is part of settling an estate, and loved ones who are left with a lengthy and...
A valid will is important for everyone to have. For that reason, it is helpful for estate planners to know what they should include in their will during the estate planning process. What to include in a will There are important considerations to include in a will and...
While researching estate planning, you learn of trusts. How do they help distribute your assets, and how should you use them? CNN Money describes different trust options. Determine which type suits your needs most favorably. Irrevocable and revocable When you place...
Those engaged in the estate planning process in Georgia quickly begin to realize that several opportunities to reduce liabilities against their estates. They can plan to settle outstanding debts before (or upon) their deaths, or to structure their estate plans so as...
A Georgia estate plan that includes a will and one or more trusts can help ensure you have a say in who receives your property after your death and when. However, a comprehensive estate plan also includes advance directives that make your wishes known regarding...
You may have several objectives when working on your Georgia estate plan, and one of those objectives may include minimizing the chances of infighting among your beneficiaries after your death. Unless you are careful when creating your estate plan, you run the risk of...
Part of developing and maintaining a reliable estate plan in Georgia is wisely choosing who to rely on for help. For example, an executor will oversee the distribution of your assets after your death and should be someone you trust. When you understand the...
When you made a will you made decisions about where your money and property should go after you die. You are not done yet. A will is not the only document you should have in place when it comes to your estate plan. In the will, you named an executor to take on the...
It is important for everyone to have a will. Making a legal will ensures that you can determine what happens to your property. Regardless of the value of your assets, you should remain in charge of what happens to them. Dying without a will or “intestate” will result...