The probate process has a notoriety for being one of the longest parts of handling an estate. This is why many people will do anything they can to avoid it, sparing their heirs and loved ones from having to wait to access their inheritence. Many people may consider...
What are the advantages of a living trust?
Getting your affairs organized may seem like a daunting task. However, there are some tools and documents that can ease the estate planning process. While a last will and testament is an essential part of your plan, a living trust may be advantageous as well. Contrary...
How can you avoid common estate planning mistakes?
Regardless of your age or current level of wealth, estate planning is crucial. A solid estate plan ensures your family receives your assets in the manner you intend. It can also benefit you while you are still alive, in the event you experience a major illness or...
What is an advance directive?
When dealing with estate planning, many of the things you take care of have to do with how you want things handled in the future after your death. This can include how you want your assets and estate divided and what you want your loved ones to do with your body. But...
Tips for avoiding family conflict while estate planning
It is important to plan for the future and put together an estate plan that includes a will, trusts and other documents. But if you are like many adults in the U.S., you may not have started your estate plan. According to a survey conducted by Caring.com, only 4 out...
Tax strategies for estate plans
Those working through their estate plans in Georgia quickly realize that the process reveals several opportunities to preserve assets to pass on to their beneficiaries. Many fear that after working their entire lives to accumulate wealth to then benefit their children...
When should you begin planning your estate?
An estate plan can help you map out your future and determine the fate of your assets. Equally as important, your plan can provide your surviving family members with guidance and comfort after your death. If you have not yet accumulated much wealth, do not have...
What is a trust and why should it be important to me?
As the time approaches that you begin to think about preserving and passing along your assets to the generations coming after you, certain terms like wills, beneficiaries and bequests become quite familiar. One term you might hear mentioned may have an uncertain...
Is it time to update your estate plan?
Creating an estate plan is a huge step you can take toward managing your affairs later in life and after your death. Of course, creating the estate plan is only one part of the entire process, even if some mistakenly believe it to serve as the end goal. You must keep...
Why are some Americans creating unequal estate plans?
The boilerplate advice when creating an estate plan is to distribute your assets as evenly as possible to your heirs. This is particularly important if you have multiple adult children. It is true that dying without a will or dying with a confusing will can cause a...
