How often should you update your estate plan?
Creating an estate plan is a significant accomplishment, but it is not a "set it and forget it" task. Life changes constantly, and your estate plan should reflect your current circumstances. So how often should you revisit and update these important documents? When...
What taxes may be due during estate administration?
Estate administration can be a lengthy process. Depending on the extent of the estate and the time of year when an individual dies, the administration of their estate could extend across multiple calendar years. The personal representative administering an estate must...
Options when addressing real estate in your estate plan
As you make an estate plan, it is very important to address real estate. This could include commercial properties that you own as a business owner, the family home where you raised your children or a vacation property that you own elsewhere in the state. How you...
3 benefits of creating a pour-over will in Georgia
The gap between creating an estate plan in Georgia’s Lake Country and passing away can span decades, during which you will likely acquire new assets, receive inheritances or simply forget to retitle certain property into your trust. A pour-over will is a tool to...
What if buyers find damage during a final walk-through?
Buyers hoping to acquire residential real estate often view the property with their agents before making an offer. After receiving the final reports from the inspector and appraiser, the buyer can move forward with finalizing their mortgage and preparing for the...
Are there signs you need to write a will?
Thinking about the future can feel uncomfortable, but it can help raise an important question. Should you consider preparing a will? For most people, the answer is not always clear. For a will, you do not need to be older or wealthy to consider it. The right moment...
Do Your Parents Have an Estate Plan?
If you are part of the sandwich generation, caring for both your children and your parents at the same time, it is crucial that you know whether or not your parents have an existing estate plan. While the final decisions within their estate plan rest with them,...
What happens when a person dies with debt?
Many adults don’t think much about what will happen to the debts they have when they die. They may not consider how their loved ones will have to handle things, but this is something that must be taken care of once the person passes away. Loved ones may feel like...
Understanding probate in Georgia: Facts to know about
For most, the probate process is confusing and overwhelming, especially when dealing with the loss of a loved one. In Georgia, probate procedures are shaped by several important guidelines that determine whether, when and how an estate is handled. Learning the basics...
3 tips for including your digital assets in your estate plan
Digitalization has changed the way we manage everything from finances to communication, making digital assets an essential part of estate planning. These assets can include anything from email accounts and cloud storage to cryptocurrency and online businesses, each...