It can be difficult to put together a well-rounded plan for your future care. Our experienced attorneys at Nelson Elder Care Law can help you create a plan that clearly states your final wishes. A Georgia Trusts and Estates lawyer at our firm can also help you ensure that your property is divided according to your wishes.
Planning and administering an Estate are two separate but equally important steps. Planning occurs while you are still alive, and administration happens after your passing. Fortunately, our skilled Trusts and Estates attorneys in the area can assist with both of these processes.
The process of planning an Estate is more than simply deciding who receives a specific piece of furniture or inherits a 401k. In fact, some of the most important parts of Estate Planning will impact your life well before you pass away.
Documents like Living Wills and Healthcare Powers of Attorney can ensure that your wishes are honored while you are still alive but unable to make your own decisions, like in the event of a medical crisis or dementia.
Estate Planning can also help avoid complications for your family. If an Estate Plan is set up improperly, it could result in wasteful tax consequences, long delays in Probate court, family feuds, and more.
At the end of your life, your Estate must be overseen by a person or entity known as an executor. You can nominate a person for this role in your Will, or the court will make a selection upon your passing. Our team can help you establish your Estate Plan and assist your executor with the Administration of your Estate.
Trusts are an important tool in an Estate. These legal documents can help you avoid unnecessary expenses, save time, and protect the privacy of your family. They are not solely for the rich.
Trusts hold your property until your death. Some are easy to modify if the beneficiaries consent, while others can be difficult to change after your passing. In either case, Trusts serve a number of purposes.
Trusts allow your family to avoid Probate court, which can be expensive and time-consuming, even when there are no challenges to the Will. Additionally, Probate is a public proceeding that could open your family to unwanted attention.
When used correctly, the property in a Trust will pass immediately to the intended beneficiary upon your death, avoiding the Probate courts entirely. When planning your Trusts and Estates in Georgia, you should speak with our experienced lawyers to ensure that this important legal document meets all of the requirements under state law.
Our experienced legal team can help you put together an effective Estate Plan and make the process as easy as possible. A discussion with a Georgia Trusts and Estates lawyer at our firm can help you develop the right plan for you and your family. Call right away to set up a free initial consultation.
