The probate process begins when an individual dies and leaves behind assets and debts. The person's executor or administrator files a petition with the appropriate probate court. Understanding probate in Georgia can inform your will and estate plan. Validation of the...
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Wills and Probate
Common reasons to contest a will
Contesting a will is a complex and often emotionally charged process that can arise when individuals, often family members or beneficiaries, believe that a will does not accurately reflect the intentions of the deceased. In the state of Georgia, several reasons exist...
Do you need a will if you do not have children?
Estate planning is an essential process that every adult should consider. A common misconception is that if you do not have children, you do not need a will. However, this is far from the truth. Having a will is critical to ensuring that your wishes, assets and estate...
Why do some people use an irrevocable trust?
Establishing a trust is one way you can avoid probate. By putting money and property in a trust, you can pass those assets to people you wish to inherit from you. You might even be the beneficiary of a trust yourself. Generally, trusts are either revocable or...
Should you gift assets now to avoid probate trouble?
A will helps you to distribute your assets after your death. But you do not have to include everything in a will to provide it for your heirs. You also have the option to gift it to them before you die. Giving away assets while you are still alive helps to guarantee...
What makes estate planning more complicated?
Estate planning takes time and will require ongoing contributions to maintain a functional strategy. Certain factors can complicate your planning efforts and may need more of your focus and attention. Knowing what could impact your plan can help you make more...
Is this an act of manipulation against a grantor?
Matters of the estate always cause a bit of difficulty among anyone involved. The more an estate is worth, the more potential problems may arise, too. For example, people might want to try manipulating the grantor of the estate for various reasons. Thus, it is...
How does probate of a will work in Georgia?
Probate is the process of finalizing and closing an estate. When you have an estate plan, the court will usually follow your guidelines for what you planned. According to Athen-Clarke County Unified Government, the probate process of a will begins when you die. First...
How can I avoid common estate planning mistakes?
Regardless of your age or financial status, you must have an estate plan in place. Things like wills, trusts, and other tools ensure your heirs receive your assets according to your wishes. As explained by Kiplinger, it is also vital that you avoid common estate...
What are some early steps an executor should take?
As part of your estate planning, you should pick someone to serve as your estate executor. With the right individual overseeing your estate, your heirs may receive their inheritance without a prolonged period in probate. To stand a better chance of avoiding delays,...