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Beneficiary designations are typically chosen upon opening a bank account, retirement account, or life insurance policy but can sometimes be forgotten. After your passing, the account's assets will be transferred directly to the beneficiary you chose.

The elimination of procedures for court approval and conservatorship in settlements of less than $25,000 frees parents and guardians from the difficulties and burdens associated with the process. It saves a significant amount of time and money, as well as the hassle of paying multiple fees.

Fraudsters, scammers, and predators have become increasingly creative and sophisticated in their attempts to take advantage of others, including their friends, colleagues, clients, and even their family members. Stay vigilant to avoid being victimized.

Keeping an error-free and detailed record can be challenging, but the extra time and money spent on accurate record keeping will be worth it in the end. An estate inventory and its accurate annual return are required by law in Georgia.

Heirs determination is a critical process to identify the rightful heirs of a deceased person who did not have a properly executed last will and testament in his or her lifetime. There are rules of inheritance that are specific rules in the state of Georgia that identify your heirs-at-law if you pass away intestate or without a will.

By legitimizing your fatherhood, you secure your child’s right to inherit from your estate through legitimation.

Chadwick Boseman died without a Will leaving his wife with the burden of probating his estate. We can see in Chadwick Boseman's case the following disadvantages of going through the probate process without a Will.

We understand that it feels hard to get around to estate planning; it sounds about as fun as getting a root canal. However, we also understand that we all want to make sure that our loved ones are protected and receive our hard-earned assets -regardless of whether we have $10,000 or $10 million.

Estate planning is the process of developing a strategy for the care and management of your estate if you become incapacitated or upon your death. One commonly known purpose of estate planning is to minimize taxes and costs, including taxes imposed on gifts, estates, generation-skipping transfer, and probate court costs.

You don't need to have a summer house on Lake Lanier or a private art collection big enough to rival the High Museum of Art to consider yourself the owner of an estate. In fact, virtually anyone who owns anything has an “estate” in the eyes of the law.