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Estate Planning

Georgia Wills, Trusts and Estate Planning Blog

News and Thoughts on Issues in Georgia regarding Wills, Advance Directives, Living Wills, Healthcare Powers of Attorney, Guardianship, Probate and more.
By Stephen Worrall

Post Frequency: 1.8/day

Last Entry: March 21, 2011 at 16:17:57

Pet Trusts

Posted on May 03, 2008
One needn?t be surprised to learn that 16 US states have passed laws that allow pet owners to set up a pet trust fund to look after Mew-Mew or Bark-Bark after the owner has died. While establishing a pet trust...

Do I Need an Estate Planning Attorney?

Posted on May 03, 2008
If you care about who inherits your assets, your future healthcare should you become incapacitated, or avoiding the hassles of a probate court, then you should have an estate plan. An estate plan is no longer reserved for the wealthy...

Estate Planning Vocabulary

Posted on May 03, 2008
Charitable Remainder Trust: A trust in which property or money is donated to a charity but the grantor continues to use the property and/or receive income from it while living Conservator: A court order that some property or a person...

Estate Planning and Divorce

Posted on April 04, 2008
Leanna Hamill of the Massachusetts Estate Planning and Elder Law Blog has recently posted two useful and informative articles (Part 1 and Part 2) about Estate Planning and Divorce, which I have combined in this post: If you are separated...

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Estate Planning and Divorce

Guardianship: Making the Right Choices

Posted on April 01, 2008
Parents of children who have disabilities have many issues to worry about. Perhaps one of the greatest is who is going to look out for and protect their child when they are no longer able to do so? When thinking...

Guardianship: Making the Right Choices

Fido, Stay! With Me! Pet Trusts and Pet Protection Documents

Posted on March 26, 2008
The first question in pet protection documents is ?who owns the pet?? Why is that so important? Well, get divorced or split from your domestic partner or roommate and see! Because pets are classified as property in the eyes of...

Mistress battles Cobb millionaire's kin over estate

Posted on February 11, 2008
Cobb County millionaire Harvey Strother had three weeks to live when his mistress wheeled him into his lawyer's office to change his will one last time. Strother, 77 and fading fast, was drinking a gallon or more of wine a day, according to court testimony...

Many boomers favor comfortable retirement over leaving wealth to heirs

Posted on December 12, 2007
By MARSHALL ECKBLADDow Jones NewswiresPublished on: 12/11/07 New York ? The greatest transfer of wealth in history may end up leaving heirs disappointed ? and could mean big changes for financial advisers. As "mass-affluent" boomer millionaires, or baby boomers worth around a few million dollars, start to turn 65, forecasts and patterns in their retirement planning suggest that many may leave little or no substantial wealth to their children...

Ten Things to Think About: Choosing a Guardian for Your Child

Posted on November 19, 2007
Having children adds an new and extremely important dimension to estate planning. If all of a child's legal parents are dead or incapacitated, and never made arrangements for such an emergency, the child will have to be placed with a new family. This is an extremely disruptive process for the child, even if the new family are grandparents or other relatives...

Writing Your Will

Posted on November 13, 2007
Everyone knows you should have a will, but apparently more than half of us haven?t gotten around to it yet. Here is some information that might convince you to get it done. Why should I go to the trouble of writing a will? A will lets you control what happens to your property...

Wills in Georgia

Posted on November 09, 2007
RequirementsBasic Requirements for a Georgia Last Will and Testament: Age: The testator must be at least 14 years old. Capacity: The testator must be of sound (capable of reasoning and making decisions) mind and memory. Signature: A Georgia last will and testament must be in writing and must be signed by the testator or by some other individual in the testator's presence and at the testator's express direction...

Georgia Wills: A Fact Sheet

Posted on November 09, 2007
What is a Will? A will is a document that you use to say what you want to have happen to your property after you die. A person making a will is called a "testator." What happens if I die without a will? If you die without a will, your property will be distributed according to Georgia's intestate law...

Guardianship of Minors

Posted on November 06, 2007
The judge of the probate court of the county of the domicile of a minor having no guardian has the power to appoint a temporary or permanent guardian of person and/or conservator of property, or both, of such minor. If the minor is over 14 years of age before the guardian is appointed, the judge of the probate court is required to follow any selection made by the minor, provided the selection is a judicious one...

Georgia Advance Directive for Health Care

Posted on October 29, 2007
The General Assembly passed a new Advance Directive for Health Care Act, which was signed by Gov. Sonny Perdue. House Bill 24 is designed to provide for an advance directive for health care, which combines provisions of a living will and a durable power of attorney for health care...

Choosing the Executor

Posted on October 27, 2007
Who will be the person or institution responsible for administering your estate through probate? [This article] spells out what the executor does, but the most important thing is that you pick someone who is financially responsible, stable, and trustworthy...

Estate Administration

Posted on October 27, 2007
Whenever a person dies, his or her estate needs to be collected, managed, and distributed. Estate administration involves gathering the assets of the estate, paying the decedent's debts, and distributing the assets that remain in the estate. In recent years, state legislatures have attempted to reduce the complexity of estate administration...

Estate Planning & Probate Dictionary

Posted on October 27, 2007
Following is an explanation of commonly used words and phrases related to estate planning and probate. AB Trust - A trust designed to make sure the personal estate tax exemption of each spouse (currently $1.5 million) is used to the fullest extent possible, while allowing the surviving spouse to have use of the assets of the deceased spouse during the remainder of the surviving spouse's lifetime...

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