An effective estate plan often contains several elements. A will serves as the centerpiece, but there are other elements, such as a trust, that you may want to consider adding when it comes time to revise what you have in place. A trust is one tool that may prove...
If you are worried about where your assets may go after your death, a bloodline trust is one good way to ensure that they stay within your family. This style of trust will determine where your assets stay, and will ensure that they get passed down to your children and...
The U.S. government takes a fair amount of taxes from an individual’s remaining assets after their passing. However, there are several laws that provide exemption limits to help with the distribution of inheritance to heirs. Because it is impossible to predict what...
Writing a will probably takes a lot of time and research. Still, there is the possibility that you will not cover all the assets that you want your family to have following your death. This is where a residuary clause may help you complete your estate plans. To...
When a parent or another adult in Georgia begins to lack the capacity to care for or make decisions for himself or herself, that individual’s loved ones may need to take steps to protect the party in question. A guardianship is one option for an adult who lacks...
The probate process can be lengthy and complicated, particularly if you own complex assets. Narrowing down the amount of your personal assets that will pass through probate may be a concern of yours. Some people decide to create a joint tenancy arrangement as a way to...
