When thinking about the variety of information you need to write in a will, picking who will get your assets and heirlooms could seem overwhelming. Understanding what beneficiaries are and why you should think seriously about who you name in your estate plan can help...
When looking into your options for an executor of your estate, you will likely turn to your family first. After all, they often know you well and understand your family history. However, there are some instances in which a family member might not be the best option...
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...
Guardianship is a subject that does not necessarily revolve around age. When you have a loved one in a constant state of need, it may be best to appeal to Georgia courts for guardianship rights. It is important to keep in mind what constitutes incapacitated as well as...
You already know that estate planning can protect your family and your assets after you are gone. It can also benefit you while you are still alive if you experience a terminal illness or injury. In this case, a living will is crucial to ensure you receive your...
Creating a trust can be an efficient way to give your heirs an inheritance. Remember that when you compose your trust, you must be sure to fund it or assign ownership of property to the trust. Even if you complete this important step, you may come into valuable assets...
While it is true that by having an estate plan, you have already taken a step in the right direction for your financial future, it does not mean you stop planning. Many people create an estate plan, lock the document away and forget about it. If you want a valid and...
If you own a business, creating a business succession plan is essential. The procedure itself is a document that details how the process of changing ownership works for your business. According to Business Wire, 70 percent of businesses have a succession plan....
Even if you have enjoyed good health throughout your life, it is impossible to predict the future. Rather than worrying about the unpredictable fallout from an unexpected illness or catastrophic injury, it makes sense to plan for a health-related crisis. While there...
Picking an executor for your estate is an important part of setting up your estate plan. They will manage most of the estate affairs after your death, meaning you must trust them and view them as responsible. Many people will default lean toward relatives for that...
