Emert Law Firm, LLC
Call for a consultation

November 2019 Archives

Important steps to take when crafting an estate plan

Georgia residents and others will ideally create an estate plan that takes care of their needs both while alive and after passing. It is also important that individuals can articulate what their plan does and how it could impact the lives of family members and friends. One of the key issues to consider is how assets will be distributed. In some cases, it may be best to leave them directly to a beneficiary.

The federal estate tax return timeline

An estate is frozen the moment that a federal estate tax return is received by the IRS. This means that assets cannot be transferred, and other transactions cannot be initiated or completed until the return is accepted. When that happens, the IRS will send an estate tax closing letter indicating that the return has been fully processed and accepted. Georgia residents and others may need to wait several months or years after submitting a return to receive this letter.

Tips for improving an estate plan

Many Georgia adults may lack estate plans, and many of those who do have them could improve them. It is not uncommon for people to have no estate plan or to have an insufficient estate plan whether they are very wealthy or have few assets. Incorporating charitable giving is one way an estate plan can be improved, particularly for wealthy individuals. A charitable remainder annuity trust can provide money for a loved one until their death and then pass what is left to the charity.

How to overcome estate planning roadblocks

Georgia residents may not like contemplating their mortality. However, creating a thorough plan can make it easier for surviving family members to settle an estate in a timely manner. It may be best to create a list of physical assets and financial assets in the beginning planning stages. This may make it easier for people to inventory their possessions and decide what to do with them.

Georgia's special needs trust types

When you have loved ones with special needs, there are certain times and situations wherein they require additional care and consideration. This is particularly true in regards to their care in the case that a guardian or caregiver passes or is no longer available.

Potential pitfalls of electronic wills

While electronic wills are not yet considered legally binding in Georgia, several other states have passed legislation that permits them, and Georgia could change its laws in the future. Many younger adults prefer e-wills because they are in line with other services they are able to access online. They seem easier and simpler than a process that involves meeting with an attorney in person. However, there are a number of potential drawbacks.

Email Us For A Response

Schedule A Free Initial Estate Planning Consultation

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

6340 Sugarloaf Parkway
Suite 200
Duluth, GA 30097

Phone: 678-926-9284
Fax: 770-932-5195
Duluth Law Office Map