If you have ever had to make final arrangements for a loved one, you probably remember just how expensive funerals can be. Indeed, according to reporting from CNBC, the median cost of a funeral in the U.S. in 2021 was nearly $8,000. You can spend tens of thousands of...
Month: May 2023
Can you change your executor?
When it comes to estate planning, one of the most important decisions you'll make is who will serve as your executor. Your executor is responsible for many different, key tasks after you pass away. However, what happens if you change your mind and want to choose a new...
How do first and third-party trusts differ?
When you have a special-needs family member, planning for their future care may help you ensure that you can meet all of their medical, financial and personal needs, even after you pass on. Establishing a special needs trust is one of the most effective ways to do so....
Georgia’s final disposition priority
Burial and cremation are only two ways to put people to rest when they die. The reasons one may prefer one over the other — or another way entirely — depend on a number of factors. These include religious preference, military service and overall costs. However, if...
How do I settle my loved one’s estate?
Whether your loved one had a lot of money or was barely getting by, he or she has an estate. Once the person passes on, someone has to settle that estate and wrap up all the loose ends of his or her life. If you are the one granted the duty to handle these matters,...