Estate planning allows you to leave your children assets according to your wishes. However, studies have shown that some people make poor financial decisions after receiving an inheritance – sometimes even losing their entire inheritance. Several emotional,...
You may expect that your child or close relative will take over your business one day. That expectation often reflects years of work and a desire to keep what you built within the family. At the same time, leadership often requires more than a personal connection. The...
Losing a loved one is never easy, and the process of settling their estate can make your grief even harder. As your family goes through estate administration, you may find cause to question the will’s validity. In Georgia, anyone with a reason to believe a will does...
When you create a will, one key decision is naming someone to carry out your final wishes. In Georgia, the person named in a will to handle this role is called the executor. The executor gathers assets, pays debts and distributes property to beneficiaries. Knowing who...
If you are concerned about a beneficiary’s spending habits or decision-making abilities, you may decide that you do not want to leave them a direct inheritance. Instead, you are going to put the money into a trust, which can then govern how that inheritance will be...
Your photos, emails, online accounts and digital money hold personal and financial value. But unlike traditional assets, these things do not automatically go to your heirs. Problems can arise when you do not include them in your estate plan because your loved ones...
The start of a new year is a natural time to think about the future, and estate planning is generally a necessary part of that kind of reflection for American adults. Although many people intend to address estate planning “someday,” meaningful resolutions made now can...
Estate planning is one of the most important steps you can take to protect your loved ones and your assets. It ensures that your wishes are honored and your family is cared for in the event of incapacity or death. A well-prepared plan can reduce confusion, minimize...
A will is a legal document that allows you to direct the distribution of your assets after you pass away. You can name family and loved ones as beneficiaries who can inherit your real estate, valuables and sentimental assets. There are a few simple mistakes, however,...
Sometimes, even the most carefully designed wills or trusts can become sources of conflict if they appear to favor certain beneficiaries over others. Favoritism, whether intentional or accidental, can undermine the very purpose of estate planning. When family members...
