Inheriting money or property can be a joyous occasion and a pleasant surprise. However, one's elation can quickly turn sour after realizing that the government may want a share. Taxes vary from state to state, so Georgia residents cannot rely on information from...
Month: December 2022
How do revocable and irrevocable trusts compare?
Perhaps you are considering setting up a trust but wondering whether it should it be revocable or irrevocable. There are advantages and disadvantages to each but choosing the type of trust ultimately depends on how much control you need—or are willing to give up. The...
How can you reduce sibling conflict over a will?
Conflict over wills is one of the oldest tales in the book. Most people have likely heard of a family that has experienced this, if they have not gone through it themselves. However, there are ways to reduce the conflict that can lead to fights over wills, and the...
How can a trust ensure your estate avoids probate?
Writing a will is the fundamental basis of any estate planning endeavor, but your will ultimately goes through probate after your passing. Passing down your belongings through a trust, however, can ensure your estate avoids probate. Placing your assets into a living...
Include these 3 components in a basic estate plan
Like many people in Georgia, you may have good intentions when it comes to creating an estate plan – but you may not have gotten around to it yet. There is good news, though. Estate planning does not have to take lots of time or money to help you manage and control...