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Every year, thousands of estates are processed in Georgia as residents pass away. In some cases, there's no will or formalized planning for the disposition of the estate, which can lead to all kinds of messiness and complication. As a child of parents or a parent who...
Estate planning can be a straightforward process for many people. However, things can become much more complicated when a family member is estranged and expects to receive something during probate. Probate proceedings in Georgia may result in contested wills by...
When you're remarrying in Georgia after a divorce or the death of your spouse, you may have children. If your new spouse also has kids, going through the estate planning process is important. Doing so ensures your possessions are distributed per your wishes when you...
Some Georgia residents may create a trust while they're planning their estate if they do not want their estate to go through probate. This is the process where the courts oversee how assets get transferred to beneficiaries. A revocable trust A revocable trust is a...
Everyone in Georgia can benefit from planning for the future. That means creating an estate plan to secure assets to go to your loved ones when you’re gone and ensuring that someone can handle important matters if you’re unable to tend to them. These are crucial...
Georgia residents in the thick of estate planning are probably familiar with the term “life estate.” It refers to any property that you’d own and use for the entirety of your life that’s jointly owned with someone else. The person who owns the property - the life...
There are several options for Georgia families thinking about what to do with the family home during estate planning. The family home, for many people, is meant to be preserved. However, dividing the asset among the beneficiaries might be more prudent. Taxes and...
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....
Your reluctance to speak with your parents about their estate plan is understandable. The conversation will bring up the unhappy subjects of death and dying. On top of this, many parents want privacy for their financial affairs. Despite emotional barriers, Georgia...
One of the most important steps in creating an estate plan in Georgia is to name an executor. The executor of an estate is responsible for finalizing a person's estate when they die. That includes inventorying the person's assets and debts, valuing the assets,...