Creating a will can bring peace of mind because it allows you to put important decisions in writing. Over time, however, the document you signed may no longer reflect the people or priorities that matter most to you. If you already have a will, knowing when to review...
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ESTATE PLANNING – Wills
Do you need more than a will?
If you are thinking about estate planning, a will can be a great place to start. You have to determine how you want your assets to be passed on to the next generation, including both financial assets and tangible assets. Your will gives you a chance to make these...
Lack of estate planning increases the odds of disputes
If you do not have an estate plan, your family does not have any guidance when you pass away. They do not know what you wanted to happen to your assets or how you wanted them to be distributed. If you need end-of-life care, they do not know who you want to authorize...
What should I include in a will?
Thinking about a will can feel uncomfortable, but it is one of the clearest ways to protect your wishes and reduce confusion for the people you leave behind. A will does not need to cover every part of your life, but it should give clear directions about your...
Do you need a health care directive if you already have a will?
If you have a will but no health care directive, your estate planning may be incomplete. Knowing that your property will go where you intend can create a sense of security, but a will only governs what happens after death. It offers no protection if you are alive. If...
Why is it important to leave a valid will?
A will is one of those documents many people know they should have, yet often put off creating. It can feel uncomfortable to think about end-of-life decisions, especially when life is busy or you believe you do not have “enough” assets to worry about. In reality,...
How to provide for young children in your will
Planning for the future can be both comforting and emotional, especially when it involves young children. Most parents want to ensure that their children are cared for, protected and supported no matter what life brings. Taking the time to create a will can offer...
3 reasons most people do not have an estate plan
Studies tend to find that most people in the United States have not drafted an estate plan. For instance, some reports claim that roughly one-third of Americans have an estate plan in place. This leaves the majority with no will or other planning documents. This is an...
When you pass away, who pays your debts?
You can plan to pay your debts before you pass away. In many cases, this is achievable and can make things easier for your family. You may want to pay off your mortgage or ensure that you pay back business loans, for example. It may be as simple as paying down your...
What are the witness requirements for a valid Georgia will?
The main function of a will is to determine what happens to someone’s property after they die. The contents of a will can address the distribution of a person's property. Wills can designate adults to serve as personal representatives or guardians of minor children....