When it comes to preserving your legacy, you probably have your own intentions for your wealth. Wills and trusts are good ways to hand down to the next generation what you have earned over your life. However, some trusts act as tools to help you arrange your assets...
An effective estate plan often contains several elements. A will serves as the centerpiece, but there are other elements, such as a trust, that you may want to consider adding when it comes time to revise what you have in place. A trust is one tool that may prove...
If you are worried about where your assets may go after your death, a bloodline trust is one good way to ensure that they stay within your family. This style of trust will determine where your assets stay, and will ensure that they get passed down to your children and...
Writing a will probably takes a lot of time and research. Still, there is the possibility that you will not cover all the assets that you want your family to have following your death. This is where a residuary clause may help you complete your estate plans. To...
When a parent or another adult in Georgia begins to lack the capacity to care for or make decisions for himself or herself, that individual’s loved ones may need to take steps to protect the party in question. A guardianship is one option for an adult who lacks...
You should not have to worry that your last will and testament will become the subject of a court battle. Unfortunately, some families decide that a will does not truly reflect the wishes of the relative who wrote it and contest the will in court. This may happen if...
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...
When you put together a Georgia estate plan, you likely include a will, which is arguably the most fundamental part of the plan. The will gives you a chance to outline who you want to take ownership of your assets after your death. It also gives you an opportunity to...
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...
Establishing a bloodline trust is a firm way to ensure that your assets remain in the hands of your family. A bloodline trust dictates where your assets remain, namely in the hands of your children and their descendants. There are major life changes that may prompt...
