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October 2016 Archives

Trusts play a valuable role in estate planning

Many people in Georgia have detailed plans regarding how they expect their lives to go. They plan for the future by working hard and saving for retirement. Unfortunately, the unexpected can happen at any moment, completely destroying a person's plans for the future. If the person has planned for all eventualities and created an estate plan, the burdens on his or her family may be less. Using tools such as trusts, it is even possible to avoid the lengthy, public and sometimes expensive probate process.

Trusts help parents protect children with disabilities

Regardless of the situation, parents worry about their children's future. However, this is likely especially the case for parents with a disabled child who may be unable to care for him or herself. Fortunately, parents in Georgia who want to ensure that their disabled children are cared for even if they become unable to do so can provide protections through trusts.

Best of Gwinnett 2016 state bar of georgia wealth counsel

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