While you would rather not, you must face the reality that you may not live to raise your children. Do you have a guardian in mind to step up for your children? Forbes offers tips on selecting proper guardianship for your kids. Give yourself peace of mind and your...
Duluth Georgia Estate Planning Legal Blog
How to transfer assets to the next generation
While the thought of not being here might be unpleasant, there is more than one reason to plan the transfer of your assets to the next generation. In doing so, not only will you be able to protect your family, but you will also be able to preserve your legacy. To...
The human element of estate planning
Estate planning is a complex subject. It involves laws that could change — and therefore change your tax benefits, creditor shielding protections and so on. However, it also involves a human element. There will be people involved: your heirs, your executor and your...
3 methods of lowering estate taxes
As a Georgia resident who worked hard to be able to leave a legacy behind for your loved ones, you may be looking for ways to maximize how much your beneficiaries stand to gain after your death. If your assets are substantial enough, you may have to pay estate taxes....
Should I put my child on the deed to my home?
One of the aims of estate planning is to ensure that your heirs do not need to spend an excessive amount of time in probate court. It is no secret that probate can particularly take years, and during this time your heirs will not have access to their inheritance....
What can a special needs trust do?
If you have a child or another loved one in your family with special needs, it is paramount to take their future needs into concern when you are estate planning. Particularly if your loved one receives Supplemental Security Insurance (SSI) from the Social Security...
Special needs trustees perform 4 essential duties
If you have a loved one who has a disability, you may want to use your estate plan to establish a special needs trust. This type of trust gives your relative access to funds for supplemental expenses without endangering his or her eligibility for means-tested...
Protecting your loved one with a special needs trust
Preparing for your future when you are the primary caretaker of a loved one with special needs requires extra planning. Through thoughtful strategizing and the collaboration of concerned family members, you can maintain some control over the well-being of your...
What should my estate plan include?
No matter your age or how much wealth you have, you must have an estate plan in place to protect your assets. Your estate plan also protects your family, as it will continue to provide for them after you are gone. Components of your plan can even protect you in the...
What happens during Georgia probate?
If you have heard of probate, you have probably also heard that it can be costly and time-consuming. However, if you live in Georgia, your heirs may have options when it comes to your estate. Review the Georgia probate process so these details can inform your estate...