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When people pass away, their estate goes through probate. During probate, the deceased person's assets undergo management and distribution to settle outstanding debts. In Georgia, the probate court follows a specific order of priority when it comes to paying...
A comprehensive estate plan is a critical tool for everyone, no matter how many assets they have. However, estate planning does not usually make the list of priorities, especially among younger adults. Even though there is no perfect time to create your estate, and it...
According to the Centers for Disease Control and Prevention, approximately 160,000 people die each year in Georgia, and many of those estates go through probate. If you have a loved one who has passed away, you might be unsure about the probate process. While Georgia...
A will is an essential estate planning tool that helps ensure your final wishes and provide for your loved ones after your passing. For a will to be effective, however, you must update it regularly to account for life changes that may affect the settling of your...
Georgia residents who chose to file a will before their death typically establish guidelines for the distribution of their assets or estate. If the will names an executor and the court approves the individual, this person is responsible for handling all matters...
Dealing with the loss of a loved one comes with many difficulties. If your loved one had no will, it means added challenges. According to a Caring.com survey, only 33% of American adults have a trust or will. For the people left behind, it means having to go to...
People do not like to think about dying. You do not want to think about what will happen to your possessions after you are gone. Very few people like making a will. This is one reason so few people do so. According to one Gallop poll, a little more than half of the...
If you have recently lost a spouse, you may still be reeling from the emotional shock of your loss. On top of this, you may worry about how you will be able to keep paying the bills and handle your spouse’s debts. In most states, a person’s estate must pay off...
Probate in Georgia makes some people intimidated. However, it does not have to be this way. Certain estates indeed offer challenges that require someone to go over them with a fine-tooth comb. However, hiring an experienced attorney makes this process easier. Managing...
The role of an estate executor is a complex one loaded with responsibility. If the recent death of someone close to you has placed you in this position, you can help yourself and other interested parties get through the legal process by avoiding a few common mistakes....