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...
Estate Planning
Tips for creating an estate plan
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...
Blended families and estate planning challenges
When blended families in Georgia need to create an estate plan, they need to consider a few unique factors. A simple will may not be adequate enough to protect assets for biological children or fulfill other objectives. Trusts, however, are very flexible legal tools...
Passwords and other important information in estate plans
In Georgia, people who are planning how their estates will be handled should avoid overlooking some important details. In addition to having a will, power of attorney and other documents prepared, it is also important for people to make certain that their families...
Choosing beneficiaries for IRAs
Making sure that they have named the right beneficiaries for their IRA is one of the many aspects of estate planning of which Georgia residents should be aware. Not designating someone or not updating the beneficiary designation when needed can result in significant...
Why a person should seek help with estate planning
Creating an estate plan online can be an effective way for Georgia residents and others to save money. However, it can also cause problems that may be avoided by creating estate plan documents with the help of a professional. For the most part, online services assume...
Estate plans and passwords
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...
When an estate plan needs updating
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....
Family conflict is often a major concern for estate planning
A recent survey of attorneys, trust officers and wealth management professionals shed some light into the three largest obstacles in creating an estate plan. Some Georgia residents may be surprised that the most commonly cited threat to an estate plan is family...
Necessary estate planning documents
One essential legal document for Georgia residents who are developing an estate plan is a living will. A living will can be enforced while an individual is still alive. Individuals can use it to detail their preferences regarding any medical treatment they should...