Estate planners in Georgia may have heard of something called upstream planning. Those who implement this strategy will first give an asset that has significantly appreciated in value to someone who is older than they are. The asset is then given back to the...
Month: May 2019
Common errors to avoid when creating a will
Estate planning is a necessary task to accomplish. At the very least, your estate plan should include a last will and testament. This document spells out how you want your assets to be distributed once you are gone. While drafting a will may sound relatively...
John Singleton’s will wasn’t updated after 1993
Movie buffs in Georgia may have heard about the passing of John Singleton. He had an estate that was valued at about $35 million, but it is unclear how the assets will be divided. This is because his will had not been updated since 1993. At that time, only one of his...
Review estate documents regularly to avoid surprises
When Georgia residents with significant means think about the future of their property, they may have a vision for how their assets will be distributed to those they care about. Still, many people refrain from in-depth overviews of their estate because of the complex...