One of the big fears that you have with your estate planning is that leaving money to your heirs is going to rob them of the motivation they need to find success in life.
When Georgia residents begin the estate planning process, they often focus on wills, trusts and end-of-life medical planning. One area that might be overlooked is password access for electronic devices and online accounts. Not having these passwords can make the process very difficult for loved ones and estate executors.
Estate planning is not a favorite subject for most people, and it can take a while for residents in Georgia and other states to get their affairs in order. Once an estate plan is finally completed, many people think they never have to worry about the matter again. However, problems can arise as time passes, which makes revisiting a plan necessary. Here are some reasons updates may be needed.