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Estate administration involves more than just distributing inheritances. Before making final distributions from the estate, the personal representative (executor) needs to ensure that they have fulfilled all of the obligations of the deceased party. Estate...
People change their names throughout their lives for all kinds of reasons. Women (and sometimes men) change their last name when they get married -- and divorced. Sometimes people legally change their name for professional reasons or even personal ones. People who...
How is an estate settled after a loved one passes away? How are assets distributed to family and loved ones? This responsibility is typically left to the executor of the estate. An executor is typically named in a testator’s will. The executor has several months to...
Being an executor is no small task. If you have taken on this role and later found it too overwhelming, you can choose to resign. However, there is a process to follow. Legal considerations If you have not accepted your appointment yet, you can refuse it. However, if...
One part of an estate plan that a testator should plan is who will be the executor of the estate. The executor is an important role used to help administer the estate during the probate process. Many people don’t understand what the duties of an executor entail. It...
Although many Georgia residents are familiar with surety bonds, it is likely that fewer have heard of probate bonds. A probate bond is a type of surety bond that guarantees that the executor of a deceased person's estate will act according to state laws. If the...
When a Georgia resident who owns property in another state passes away, their estate goes through two types of probate. During probate, the decedent’s last will and testament is validated, the estates debts are settled and its assets are distributed to beneficiaries....
In Georgia, estate planning is part of a comprehensive financial plan, and distinct types of trusts offer estate planning benefits that satisfy diverse financial needs and preferences. You may have heard of two common types of trusts: revocable and irrevocable. Each...