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...
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...
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...
After death, a Georgia resident's debts become part of his or her estate. As noted by Bankrate.com, the deceased's estate has liability for paying any taxes owed and the balances left on consumer debts such as credit cards, car loans and mortgages. An estate may also...
When it comes to transferring wealth through estate planning, a few things may come to mind: houses, possessions and money. But in the case of creatives like authors, artists or inventors, intellectual property is another aspect of that wealth. It is important for...
Estate planning is something anyone can do at any age, but one topic that may be hard to face is long-term care. Planning for LTC involves the heavy subject of potential physical or mental disability that leaves someone incapable of managing their affairs. Trusts help...
