Duluth Georgia Estate Planning Legal Blog
Preparing the kids for their inheritance
Typically, children learn about their inheritance shortly before their parents’ death or during the administration of their estate. But your estate planning should include preparing your children for their inheritance so they can use it wisely. Parents need to prepare...
Georgia guardianship, conservatorship, and other representation
There are many forms of representation that residents may need to use if they are unable to make their own choices. But, understanding the various types is key to the estate planning process. The most commonly understood version is guardianship. A probate court can...
What does an LLC have to do with estate planning?
A limited liability company, or LLC, is a type of business organization that many Georgia residents find useful for business organization purposes. When used for business formation, an LLC serves several useful purposes. For instance, the LLC offers some protection...
An estate plan takes care of many needs
When planning your future, you should think about your family and business and what happens if you are unable to make decisions. Careful estate planning can help assure that these needs are met. An estate plan can assure that there are trusted agents to oversee and...
What do I need for my will to be valid?
It is not only important to have a will but it is also important that the will is valid and will accomplish the estate planner’s wishes after they are gone. As a result, it is helpful for estate planners to know what makes a valid will. What makes a will valid can...
What is a spendthrift trust?
A spendthrift is a person who spends their money too quickly and often wastes it. From the outside, it appears that they make poor financial decisions that impact their quality of life. While it’s one thing to watch a person do that with money they earned, it’s...
How to store estate planning documents
Many Duluth area residents have taken the time to create their estate plan. They understand that having this in place can alleviate stress and offer peace of mind. Since these documents are so important, storing them safely is critical. Those who have created an...
Don’t let your carefully drafted estate plan gather dust
Many people in Duluth have wisely created a comprehensive estate plan. However, there is one critical error that can be made that could cause the carefully executed estate plan to fall apart. That mistake is failing to periodically review your estate plan. Why review...
Seven tips for talking to your parents about estate planning
Many of us become worried about our parents as they age. We might be concerned about their health and physical and mental well-being, their ability to make appropriate financial decisions, or their plan for the future of their assets. Some of your elderly loved ones...
Why do college students need estate planning documents?
There is an unfortunate common misconception that estate planning is for the wealthy or for the elderly. What many do not realize is that estate plans can also include provisions for situations that can take place when one is still alive, such as if one is unable to...
