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How to Renounce or Disclaim an Inheritance in Georgia.

How to Renounce or Disclaim an Inheritance in Georgia

Georgia law provides an option for renunciation or disclaimer of an inheritance by the intended recipient. The applicable statute establishes a required process as well as specific legal rules that apply when an inheritance is declined. If you consid… Read More
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Categories: Estate Planning
Does a Trust Impact My Ability to Receive Government Benefits?

Does a Trust Impact My Ability to Receive Government Benefits?

Trusts are a valuable tool in estate planning. A trust can accomplish goals that other approaches cannot. However, if you receive government benefits or contemplate applying for benefits in the future, a trust can impact your eligibility for those be… Read More
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Categories: Estate Planning
Older couple smiling laughing and enjoying their time on the water.

Are Trusts Only for Rich People?

People often think that trusts are only for individuals with a high net worth. While trusts may help rich people minimize their taxes, a trust can also provide other significant estate planning benefits for individuals and married couples with more m… Read More
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Categories: Estate Planning
Understanding Sundowning in Elders and How an Estate Plan Addresses Dementia Care.

Understanding Sundowning in Elders and How an Estate Plan Addresses Dementia Care

Sundowning is a common symptom of dementia in elders that typically occurs in late afternoon and evening, as the sun sets. The syndrome is characterized by increased confusion, restlessness, agitation, and other similar behavior and feelings. An esta… Read More
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Categories: Estate Planning
Understanding how a bypass trust works in estate planning.

Understanding How a Bypass Trust Works in Estate Planning

Estate planning tools include many different types of trusts, each of which provides benefits in specific circumstances. A specialized trust arrangement referred to as a bypass trust may be used by high-net-worth families to transfer assets across ge… Read More
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Categories: Estate Planning
How Trust Administration and Probate Are Different.

How Trust Administration and Probate Are Different

When a Georgia resident passes away, state laws determine the process for estate administration, property distribution, and settlement of the deceased person’s estate. For most estates, the applicable process is either trust administration or proba… Read More
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Categories: Estate Planning
Navigating Estate Planning in a Remarriage.

Navigating Estate Planning in a Remarriage

A new marriage is often a remarriage for one or both new spouses, which simply means that the new marriage is not the first marriage for the remarried spouse(s). Remarriages occur in many different situations, but in every case the remarriage is a re… Read More
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Categories: Estate Planning
What Do the Terms Per Stirpes and Per Capita Mean in Estate Planning?

What Do the Terms Per Stirpes and Per Capita Mean in Estate Planning?

Estate planning documents often contain terminology with special legal meaning. Two examples of terms that may appear in a last will and testament or a trust are per stirpes and per capita. Both terms relate to how estate property is distributed in t… Read More
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Categories: Estate Planning
How To Avoid Ancillary Probate With Estate Planning.

How To Avoid Ancillary Probate With Estate Planning

If you are a Georgia resident who owns property in another state, your estate may face ancillary probate in the other state after your death, in addition to probate of your estate in Georgia. Ancillary probate incurs additional expenses and requires… Read More
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Categories: Estate Planning
What Is a Transfer-On-Death Deed in Georgia?

What Is a Transfer-On-Death Deed in Georgia?

Effective on July 1, 2024, Georgia law recognizes a special type of real property deed that may be used to transfer property on the owner’s death. The deed is called a transfer-on-death deed, or TOD deed. While the new law adds an option for addres… Read More
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Categories: Estate Planning