Proper estate planning gives you the opportunity to make informed decisions about the future of your estate. Having an estate plan in place is highly beneficial as it allows you to maximize the value of assets you leave to your successors. Familiarizing yourself with...
Month: August 2020
Should I add my adult child to my deed?
Many people specifically set up their estate plan to avoid probate. There are many reasons to avoid probate, including the fact that it can be time-consuming, expensive and the public nature of probate is off-putting to some. However, just because a particular...
Does Georgia levy estate taxes?
When it comes to estate planning, there are various key issues that people must consider when creating or making changes to an existing estate plan. Taxes play a critical role in the way in which assets are distributed and it is important for people to recognize that...
What happens if I don’t have a will?
Like other states, Georgia law specifies what happens when a resident of this state dies without leaving a will or other estate planning documents. Basically, if a person is married at the time of the death, then the spouse will receive the entire probate estate. If,...