Planning for the care of your children if you die is one of the most important aspects of estate planning. If a legal guardian has to take over, the Children's Bureau states that this person has the authority to make decisions concerning their education, basic care,...
Preparation Is Critical To Your Case
Preparation Is Critical To Your Case
Estate Planning
How do people benefit from using a trust?
Many people only compose a last will and testament to convey their assets to their children or other beneficiaries. A will is not the only way you can grant an inheritance, though. You might find that setting up a trust can enhance your estate wishes and perhaps...
Is a family member a good estate executor?
Georgia residents invest time and energy into finding a good estate executor. Why? Because this person plays perhaps the most crucial role in your estate. They manage your affairs when you no longer can. This means you must trust them above almost anyone else. For...
Understanding the Georgia probate process
When you begin planning your estate, you must understand whether or not your assets must go through probate. With this legal process, the court will supervise the distribution of estate property and payment of debts. Explore the Georgia probate process to help inform...
What does succession planning look like for small businesses?
When Georgian business owners work on a plan, succession matters are not always first. After all, many plan to run their business for as long as possible. In reality, succession planning should happen as early as possible. Why is that? We will answer that question...
What if someone dies without a will?
There are many concerns that accompany the death of a loved one in Smyrna. One that may not be at the forefront of your mind (at least not initially, that is) is the handling of their estate. This is due to the assumption that they made their wishes known through a...
What is a do-not-resuscitate order?
Creating an advance directive ensures your wishes are honored when it comes to end-of-life care. If you are unable to communicate your wishes decisions will be left up to doctors and family, which could mean that your desires are not known. One common aspect of...
When should you update your estate plan?
Are you a resident of Georgia who already has an estate plan in place? This may put you ahead of some of your peers, but having an estate plan ready is not the end of it. You will also need to keep your estate plan updated throughout the years. Here are some of the...
Can I protect my loved one from financial abuse?
Your elderly parent may still live independently, but perhaps you are starting to see worrisome signs, such as bills from television shopping companies and other evidence of frivolous spending. He or she may call you worried that the Internal Revenue Service is...
Should your estate plan include a healthcare directive?
As you plan for your future with an estate plan in Georgia, there are many aspects to consider. From choosing a guardian for your children to setting up a trust for your assets, every part of your estate plan deserves your utmost attention. One of the most important...