Whether you are young, old or in between, you must have heard about estate planning, although you may not be sure of how it applies to you, and whether you need to get involved with it right now. Well, the reality is that you never really know what life will hand you...
Estate Planning
Life changes require revisiting estate plans
Completing an estate plan represents peace of mind that your loved ones will be provided for long after you are gone. However, the process is not “one-and-done.” As time goes by, certain significant life changes will necessitate revisiting the document. An initial...
Do you have an incapacity plan?
When you finish your estate plan, you met a life milestone, and your family will thank you after you pass. You are in the one-third of adults who have any form of an estate plan, according to a 2021 survey by Caring.com. However, what happens if you do not pass...
Special considerations for estate planning with children
Having kids is complicated, expensive, frustrating and fulfilling. No parent would trade a single second with their children. But, the other side of that joy is responsibility: The responsibility to make sure your children are safe, even after you are gone. Therefore,...
Why strong estate planning is critical in a blended family
Many people make the mistake of thinking that estate planning is nothing more than throwing together a will to specify how their assets will be distributed upon their passing. Others even go so far as to think that they don’t need an estate plan because they simply...
How can I help care for my adult special needs child’s finances?
If you have an adult child with special needs, you might spend some sleepless nights worrying about how your child will be taken care of financially. A person with special needs may not be able to fully understand their finances and how they relate to their needs....
Why do parents have different estate planning needs?
Estate planning can become complicated as you get older, but once you have children, it becomes even more complicated. Why? Because you add more heirs, but heirs for who you are completely responsible (care and welfare). Additional heirs The first thing that needs to...
Ensuring the validity of your will in Georgia
A Last Will and Testament, or a will, is a legal document that can be used to specify how you would like your assets to be distributed and designate a guardian for your children if you pass away. Many people are aware that they need a will but are unsure about what is...
Choosing a will or trust depends on estate planning goals
It may not be something that people in Georgia really want to do, but people need to plan for their deaths. Death is inevitable and putting estate planning off could result in dying without an estate plan which leaves their property disposition up to the state’s...
How can I include charitable giving in my estate plan?
Many Cumming area residents understand the importance of an estate plan in protecting their assets for future generations. But they may also be interested in creating an estate plan that allows them to help charitable organizations they find important. If you are...