How to handle complex real estate assets as an executor
Executors are responsible for managing the estate’s property, which often includes real estate. However, handling complex real estate assets as an executor requires careful planning and an understanding of Georgia law. This process can become complicated when the...
Strategies for minimizing tax liabilities during probate
The probate process involves settling debts, distributing assets, and possibly dealing with taxes. Without a solid plan, taxes can reduce the estate’s value. However, there are ways to reduce these costs and protect more of the estate's worth. Plan asset distribution...
What steps should blended families take in estate planning?
Estate planning for blended families involves unique relationships and financial considerations, which can make the process more complex. Proper planning protects everyone's interests and maintains family harmony. Here are essential steps that blended families should...
Is it possible for a spouse to override a beneficiary?
When someone names a beneficiary for financial accounts or life insurance, that beneficiary usually has the right to receive the assets when the account holder passes away. However, there are situations where a spouse may question or challenge the beneficiary...
What if a beneficiary dies before probate in Georgia?
Dealing with the death of a loved one is challenging enough without the added complexities of probate. But what happens if a beneficiary dies before the probate process is complete in Georgia? Impact on the will In Georgia, the will of the deceased typically tells...
What are the rules of intestacy in Georgia?
Having a will can be valuable, especially for those concerned about their loved ones after passing on. A will helps ensure that your loved ones are taken care of even after your death and eliminates the risk of your funds going to estranged relatives. Despite the...
Addressing estate plans after moving to Georgia’s Lake Country
Someone who has just relocated or made an offer on a local property may need assistance with their real estate transaction. They may then want to continue partnering with that attorney to review and update their estate plan due to their move. Especially when someone...
How can estate planning benefit young families?
As you embark on your journey of building a family, estate planning might not be the first thing on your mind. However, overlooking this aspect could leave you vulnerable in some circumstances. Estate planning is not just for the elderly or the wealthy. It is a tool...
The top 3 misconceptions about estate planning
Estate planning is an important process that many adults intentionally avoid. They don't want to think about what may happen when they die and tell themselves that it isn't time to draft a will yet. It is often misconceptions about estate planning that lull people...
How can you prevent stress during probate?
The legal process of probate can feel overwhelming. This is especially true during an already challenging time of grieving. However, there are steps you can take to minimize stress and navigate through this time more smoothly. Stay organized from the start One of the...