For people in Georgia, choosing the right trustee is an important part of making sure that a trust works as it is intended. There are a number of elements to consider, including whether the trustee should be someone who has a personal connection to the family. The...
Estate planning traditionally starts with a will, which allows you to list out which heirs get which assets. You can leave one child the car, for instance, while another gets the art collection. You can leave them both the house and let them decide what to do with it....
Traditional families composed of a mother, a father and their children are increasingly in the minority. It is more likely that a Georgia resident who is creating an estate plan is part of a blended family, is one-half of an unmarried couple, is a single parent, or is...
Georgia residents often include irrevocable trusts in their estate plans because they protect assets from creditors and provide a number of tax benefits. Irrevocable trusts reduce estate tax exposure because the assets placed into them are no longer considered part of...
People living in Georgia and around the country often understand the importance of putting together an estate plan. This includes writing a will, designating beneficiaries on insurance policies and investment accounts, and considering end-of-life planning in the form...
Trusts can be designed to serve some of the same purposes as wills, but some Georgia residents would do well to have both documents in their estate plans. A will on its own can transfer the assets of a person after he or she dies, and it's the basic essential estate...
You know that you need to leave your assets to your children -- and, potentially, to your grandchildren -- when you pass away. You have started thinking about how you want to do this. While digging into it, you have started to worry. Are the children going to wind up...
Putting off the creation of an estate plan is not uncommon. It's a topic that many Georgia residents would prefer to avoid. Furthermore, there is more to an estate plan than just writing a will. Estate owners should start by making a list of all their assets and...
Estate planning can be an important part of preparing to take care of family members after people in Georgia pass on. The difficulties that accompany death without a will can grow significantly along with the size of an estate. Nevertheless, some celebrities with...
Georgia residents who have young children should make sure that their estate plans include more than just a will. A trust is necessary so that the children will not be able to inherit assets outright when they reach the age of 18; it can ensure that the assets will...
