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March 2018 Archives

Discernment is key when estate planning with adult children

Just as it is important to plan for retirement, it is possibly even more important that people in the Georgia area carefully plan for the manner in which their estates will be handled upon their death. While there is no question that provisions should be made for minor children to ensure that someone is appointed to administer the estate to take care of them, all too often adult children are entrusted with more than they are capable of handling responsibly.

Common errors in creating a living trust

A living trust can be a powerful tool in estate planning for people in Georgia. With this legal tool, assets skip probate and go directly to beneficiaries. Unlike a will, a living trust is also private. Furthermore, it does not require the creator to give up ownership of assets. The creator simply acts as trustee. If the creator becomes incapacitated, a successor trustee can manage the assets on the creator's behalf.

Estate planning can include digital property

For business owners in Georgia and across the United States, estate planning is particularly important. While wills and trusts are frequently considered in people's personal lives, in many cases, businesses do not receive the estate planning attention that they need to thrive after a principal's passing. Business estate planning can help to reduce estate taxes, deal with a sole proprietorship and transfer a business through a buy-sell agreement.

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6340 Sugarloaf Parkway
Suite 200
Duluth, GA 30097

Phone: 678-926-9284
Fax: 770-932-5195
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2550 Hamilton Mill Rd.
Buford, GA 30519

Phone: 678-926-9284
Fax: 770-932-5195
Map & Directions