When making your estate plan, you need to select an executor. You may initially feel tempted to go with your gut or your first choice, especially a family member. But is this the best way to pick an executor? How do you even know which executor will serve your estate...
Estate Planning
How does property get divided in divorce?
Assets are a major point of contention in many different divorce scenarios. This is why it is important to understand from the start how property and assets end up divided in divorce. Most states will divide them equitably or equally, and it is possible to determine...
Creating a will in Georgia
If you are planning ahead and want to safeguard your estate, it is crucial to examine all of your options closely. Whether you want to set up a will or decide that a particular type of trust suits your needs better, it is pivotal to have a clear understanding of the...
What should you know about long-term care facilities?
Choosing a long-term care facility is an important part of estate planning for anyone in their older years. But how can a person choose the right care facility? What sort of red flags should someone look out for when they start searching? Knowing who a facility...
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...
How should I choose beneficiaries?
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...
Who should your estate executor be?
An estate executor is someone who essentially manages your estate after your death, ensuring that everything goes in accordance with your will. To that end, it is important to choose a good executor who will make the right judgment calls. But how can you do that? The...