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Estate plan guidelines for childless individuals

Georgia parents may not experience significant consequences if they die without a will. In most cases, their assets would go to their spouse or their offspring. Typically though, parents leave assets to their children in a formal estate plan. However, if a person doesn't have children, dying without a will or other estate plan documents could be problematic. This may be true whether a person is single, living with a partner or married without children.

How to prevent loved ones from contesting my will

Whether you are finally getting around to creating your estate plans or revising and updating them in Duluth, part of your goal should be to prevent disputes. Not everyone is going to agree with your final instructions. A poorly written will and estate plan can open the door for your loved ones to contest it. A contested will often comes at the expense of the estate.

Excluding a family member in wills

When in the process of estate planning in Georgia, a person is often left making difficult decisions. For some, it is not simply a matter of evenly splitting assets between children. Often, there are complex issues at play that could ultimately impact the creation of wills.

Wills and other components of a Georgia estate plan

Many people in Georgia spend a great deal of time planning for the future. They often take college classes to advance their future career and create a plan to save for retirement. Equally as important as this planning is the creation of an estate plan. While some people think only of wills, there are several important documents that often comprise such a plan.

Wills help Georgia estates of all sizes

Most people in Georgia and other areas of the country have seen a dramatic portrayal of a will being read on a television show or movie. Even though it is rarely the case that a rich relative leaves an unexpected inheritance to a family member, wills do play an important -- if less dramatic than in fictional portrayals -- role in the estate administration and probate process. Despite knowing the importance of such documents, many people feel that because their estate is small, they do not need to go through the estate planning process.

The importance of wills and other estate planning documents

Everyone is likely aware of their mortality. However, many people in Georgia and across the country put off estate planning for another day for a variety of different reasons. Regardless of the reasons, the creation of wills and other estate planning documents can significantly reduce the burden that surviving family members experience upon the passing of a loved one.

Contesting the validity of wills: Judge rules will is fake

While it serves multiple purposes, estate planning is one of the most important things a person can do to ensure that his or her wishes are met when they have passed away. Those in Georgia who have chosen to create wills with an experienced attorney can help ensure that their wishes are known and less susceptible to a successful challenge. A judge has recently tossed a will that one woman claims a deceased man who lived in another state created before his death.

Majority of Americans do not have wills

If asked, the vast majority of people in Georgia and across the country would likely claim to be aware of the importance of estate planning documents. These documents can range from wills that indicate who will have custody of children and explain how assets should be distributed to powers of attorney which indicate who will make medical and financial decisions in the event a person becomes incapacitated. However, a recent survey reveals that a majority of adults in the United States do not have necessary documents in place.

The importance of wills for the single or childless

Although the importance of the estate planning process may be obvious to some, for a variety of different reasons, many people in Georgia put it off for another day. This may be especially true for married couples with children as they expect that their estate will be divided according to state law, which may align with their wishes. While estate planning -- including the creation of wills -- is important for everyone, it can be especially beneficial for people who are not married or do not have children.

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6340 Sugarloaf Parkway
Suite 200
Duluth, GA 30097

Phone: 678-926-9284
Fax: 770-932-5195
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2550 Hamilton Mill Rd.
Buford, GA 30519

Phone: 678-926-9284
Fax: 770-932-5195
Map & Directions