Get on the path to results today for wills and trusts and living wills. We service Duluth GA and metro Atlanta.
Have you decided who will get your house, your money, and other assets when you die? Do you have a plan for who will take care of you and manage your finances when you are sick or unable to take care of yourself? This process is called estate planning. We can help you make these important decisions and put them in writing, so your family will follow your wishes. Handling an estate is much easier if there is a will.
Our best referrals for wills are from people who handled an estate without one!
Your will dictates who will receive your assets after your death. Without one, your assets will be divided among your heirs according to rule of law. This may be far from what you want. For more detail see “Why make a will?” below on this page.
In estate planning, there are related topics such as Advanced Directives and Financial Powers of Attorney. The health care power of attorney, or living will is now known as an “Advance Directive.” The advance directive shows your preferences for life support decisions. The financial durable power of attorney can be used for financial planning during disability to have someone manage affairs when a person is unable to manage his or her own affairs during life.
The financial power of attorney is important, it can make a guardianship necessary for the person who cannot manage his or her affairs.
A living trust is also an option in estate planning that can supplement or replace a will in some cases. A living trust can be an attractive estate planning alternative. To be effective, all your property must go into your living trust, and be titled under your name as trustee.
Estate taxes currently only apply to the wealthiest 1% of the US population. In that situation there are estate planning steps to avoid unnecessary taxes if needed. One day our government may bring the estate taxes back and if so planning to minimize will be available.
In connection with estate planning or business planning, we also offer asset protection and the formation of corporations and LLCs for our clients.
Estate Planning Tidbits are at the end of this section.
We handle all types of litigation in probate court, such as will contests, and suits to remove executors.
Our firm has been assisting clients with wills and estate planning matters for over 40 years. Give us a call and you and your loved ones will be glad you did.
Why Make A Will?
Estate Planning Tidbits :
-A living will deals with control of life support when a person is in a coma, terminally ill, or near the end of life. In Georgia there is an Advanced Directive, which covers that subject and also appoints a healthcare agent to make decisions when a person cannot communicate their own preferences. We offer a package price for estate planning documents for couples. A living will deals with control of life support when a person is in a coma, terminally ill, or near the end of life. In Georgia, there is an Advanced Directive, which covers that subject and also appoints a healthcare agent to make decisions when a person cannot communicate their own preferences.
-We offer a package price for estate planning documents for couples.
-We offer a free will and trust preparation checklist and information package, Email us at: email@example.com.
- Georgia now allows an estate planning document for mental health planning, to provide for a psychiatric advance directive; to provide for a competent adult to express his or her mental health care treatment preferences and desires directly through instructions written in advance and indirectly through appointing an agent to make mental health care decisions on behalf of that person. A competent adult may execute a psychiatric advance directive containing mental health care preferences, information, or instructions regarding his or her mental health care that authorizes and consents to a provider or facility acting in accordance with such directive. A directive may include consent to or refusal of specified mental health care. In addition to wills, trusts and probates, we can provide you with this Advance Directive.
-An alternative to a prenuptial agreement is a trust. A person can place assets prior to marriage in a trust and the assets are not marital property. The new spouse is not involved. In case of divorce, the beneficiary owns the assets.
-Estate planning is more than postmortem planning. It includes planning for the day you may not be able to manage your affairs. It also includes planning for appointing someone to help you with medical issues when you can't communicate a decision. That includes life support decisions and any medical decisions you can't communicate. The financial power of attorney, medical advanced directive, and a revocable trust or a will are necessary. The revocable living trust is a great solution for postmortem planning and planning for incapacity. You control the trust while you are alive, and if you become incapacitated your alternate trustee can step in to help manage your affairs.
-A revocable living trust is a flexible and smart way of estate planning-it can address not only distribution of your estate, but solutions for your incapacity if that happens later in life.
- Joint revocable trusts: A married couple can take more advantage of the benefits of a revocable trust by using a joint revocable trust. The married couple will serve as joint trustees, and the trust is revocable and amendable so long as at least one trustee is living. If one becomes incapacitated, the other manages their affairs. Because it is joint, rather than each person having their own trust, fewer bank accounts for the trust would generally be needed. As long as the couple puts all of their property into the trust, probate can be avoided. Their affairs remain private because the trust is not a public document, unlike a will which is public once it is filed for probate. A successor trustee can be named to serve if both have become incapacited. So the joint revocable trust can be used for numerous purposes.