If you have not started preparing your will, it is past time to do so. By having a will in place, should you pass away, you will maintain control over what happens to your estate. For example, if you have a preference in regard to how your beneficiaries divide your...
Year: 2017
Irrevocable trusts: A serious decision that can benefit you
Georgia estate planners who choose to create an irrevocable trust have made a serious commitment. Essentially, they have decided to give up ownership of their trust property permanently in order to receive the benefits of an irrevocable trust. Although they will have...
You may need to update your estate plan
When you create an estate plan, you hope that it will remain in place for many years to come. While some people are fortunate enough for this to hold true, others find that they need to update their estate plan every now and again. This is why it's so important to...
Do your parents have a health care power of attorney?
It's hard to watch our parents grow older. Perhaps your mother and father are in their 80s, for example, and they're not able to do all the things they used to enjoy. Playing tennis on the weekends with dad doesn't happen anymore, and mom comes to spend an afternoon...
Tax advantages of charitable trusts
When it comes to creating your legacy, there are many facets to consider. An estate plan is an excellent way to make your wishes known and provide for the people and causes near and dear to your heart. Your generosity to the causes you care about is an important part...
Here’s why you need to write a will now
The last thing that anybody wants to think about is the moment of their death. However, that's exactly what responsible Georgians do when they want to prepare for the future – especially when they're thinking about their families. Drafting a will offers your...
Defining a pet trust for your faithful pooch
No one wants to think about what happens after death, but it's important to start making plans for your loved ones now. You don't have children, but you do have a faithful pet who has been your companion and loved you for years. What happens if you pass away without a...