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Thompson Mungo Firm

Estate Planning to Protect Your Children

Our children's welfare for the future is important. Whether your kids are in high school or college, now is the best time to encourage them to have an estate plan for themselves. Estate planning is not just about the transference of inheritance to your loved ones but also involves looking after and protecting the people you care about and the things that are precious to you.
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Thompson Mungo Firm

The Art of Swedish Death Cleaning: A Unique Approach to Estate Planning

Uncover the unique concept of Swedish Death Cleaning—a mindful approach to decluttering and estate planning. Margareta Magnusson's method involves intentional decisions about possessions, simplifying life and inheritance. Learn the practical steps, from inventory assessment to legal considerations, to streamline your living space and ease the burden on loved ones. Swedish Death Cleaning isn't just tidying up; it's leaving a legacy of clarity and love for those who matter most.
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Thompson Mungo Firm

Probate Pitfalls: Lessons from Recent Estate Cases on Creditor's Claims and Legal Complexities

Explore probate complexities through recent estate cases, like Lisa Marie Presley and Aretha Franklin. Learn lessons on creditor claims, claim timelines, and handling IRS disputes. This underscores the need for meticulous adherence to state laws by executors. Neglecting creditors' claims can impact distributions and expose representatives to legal consequences. Discover essential proactive measures for safeguarding the probate process and honoring the decedent's wishes.
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Thompson Mungo Firm

Implications of Unpaid Creditors' Claims in Probate

Explore the consequences of unpaid creditors' claims in probate, including legal actions, potential asset seizure, and delays in distribution to beneficiaries. Understand the personal liability of executors, the risk of court intervention, and the voiding of improper asset transfers. Discover how this can impact heirs and beneficiaries, leading to reduced inheritances and challenges in obtaining their share.
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Thompson Mungo Firm

How Does Georgia Prioritize Estate Settlements?

Navigating priorities can be tricky. This guide dives into O.C.G.A § 53-7-40, explaining who gets paid first: family, funeral costs, taxes, debts, and more. Understand your rights and responsibilities in clear, concise terms.
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Thompson Mungo Firm

Managing Social Media Accounts After Death

When it comes to popular social media platforms, each platform has its own policies and procedures for handling accounts after the user's death. Understanding these processes is crucial for effective digital estate planning.
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Thompson Mungo Firm

What Happens To Social Media Accounts When You Die?

In an increasingly digital world, social media has become an integral part of our lives, connecting us with friends, family, and the world around us. But have you ever considered what happens to your social media accounts when you pass away?
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Thompson Mungo Firm

DIGITAL ESTATE PLANNING: DIGITAL ASSETS

When it comes to digital assets, there is a wide range of items to consider. The following list provides an overview of common types of digital assets and relevant terms to consider in the event of death.
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