Managing an estate after experiencing a loss is no small task. It involves sacrificing personal time, steadfast dedication and a solid grasp of legal procedures. If you are planning your estate, you might be considering compensating the person responsible for carrying...
Year: 2024
The importance of designations in estate planning
Estate planning involves complicated aspects that make individuals preparing for the future put their thinking caps on. There are, however, simple elements of estate planning that individuals often overlook because of how seemingly straightforward they are. These...
Who are the people who will inherit the estate in Georgia?
Inheritance, a core aspect of estate administration, can be complex. Figuring out who gets what after someone passes away can be daunting. Fortunately, laws exist to bring order and peace to this process. However, the process can vary, especially when it comes to who...
Who can be witnesses in your will?
Drafting a will can be an effective way to relay your wishes to your surviving family members after passing on. This document is enforceable but may lose significance if its content becomes outdated, invalid, or cause legal conflicts. Each state has varying...
Do’s and don’ts when writing your last will and testament
In the event of death, your last will and testament may ensure that your beneficiaries will receive your assets accordingly. It’s an important legal document that must be valid so that the courts will accept it. In Georgia, a competent person aged at least 14 can...
Key points to consider in estate planning for blended families
Estate planning can be a complex process, and when it comes to blended families like yours, you should have a plan that reflects your unique family dynamics. Unlike other families, you may have additional considerations to ensure your loved ones are cared for after...
What issues during closing can derail a real estate purchase?
Reaching closing during a real estate sale can feel like an achievement. At this stage, the seller and buyer are tying up loose ends in preparation to finalize the purchase. However, some issues can still arise during this part of the process. Specific problems can...
What does it mean to plan for incapacity?
Imagine a future where, due to unforeseen circumstances, you are unable to make decisions for yourself. While it is not a pleasant scenario to consider, it is a critical aspect of life planning that often goes overlooked. Planning for incapacity means taking proactive...
How can an estate administrator benefit from legal guidance?
When you take on the role of an estate administrator, you accept a significant responsibility. You are stepping into a position that requires due diligence, a solid understanding of legal processes and the capacity to handle potentially complex financial matters....
Three ways to avoid a future boundary dispute
Landowners who are uncertain about the exact boundaries of their property are surprisingly common. However, purchasing property without a clear understanding of its limits could invite future disputes with your neighbors. These disputes often arise when individuals...