Many Duluth area residents have taken the time to create their estate plan. They understand that having this in place can alleviate stress and offer peace of mind. Since these documents are so important, storing them safely is critical. Those who have created an...
Wills
Choosing the right guardian for your child
If anything were to happen to you, you’d want your child to be in the best care possible. While this scenario is never fun to think about, it’s important to plan for – just in case. But choosing the best guardian for your child is not an easy task. There are many...
Why you need to draft a solid estate plan
We all live with the daily knowledge that nothing in life is set in stone. It’s not a fun task to think about the contingencies that need consideration in the event of your death. For those without an estate plan in place, it is their families who often bear the...
How to contest a will
Many people in Georgia have had the experience of being left out of a close family member's will. Though the situation can be unpleasant both emotionally and financially, there is usually not anything that can be done about. However, there are rare cases where a...
Estate planning issues for stepparents and stepchildren
Estate planning can raise tensions for families in Georgia, especially when blended families with stepparents and stepchildren are involved. Remarriage is perhaps more common than ever before, and people planning for the future may want to consider how they can best...
Three estate-planning tips for couples without children
Couples without children in Georgia and other states do not have the same concerns as couples with children when it comes to estate planning, but they still must plan ahead. They likely want their assets to go to charities or educational or religious institutions upon...
Adding a will to a trust-based estate plan
Georgia residents who wish to have more control over how their estates will be administered may choose to use trusts. Placing assets into trusts allows estates to avoid the probate process, but these benefits are only available if trusts are properly funded. When the...
The many benefits of making a will
There are many benefits to creating a will. For instance, a prepared estate owner in Georgia can avoid state intestacy laws that govern how property is distributed. A will also allows the creator to name a caregiver for a minor child or decide who gets to care for a...
A trust is a must for those with kids
Individuals in Georgia may need more than a will after they have children. Without a trust, a child may be able to inherit property directly after turning 18. Generally speaking, younger people have a hard time making prudent financial decisions. It can be tempting to...
Estate planning mistakes can cause serious problems
There are a variety of mistakes that people in Georgia and throughout the country make when creating an estate plan. One such error is to not have an estate plan at all. Creating a will allows a person to determine where his or her assets go after passing on. In many...