At their most basic level, all trusts work by having a trustee manage property placed in the trust for the profit of the beneficiary or beneficiaries. However, there are several trusts available to individuals living in the Gainesville, Georgia, area. Before you can choose the right trust for your estate plan, you need information about what these different trusts offer. The advantages of the revocable trust You have Read More

Writing a last will and testament can be difficult, as we try to organize a lifetime’s worth of possessions and assets. But many people find that want to leave more than their physical belongings: they want to leave behind the lifetime’s worth of wisdom and lessons they have learned along the way. This is where ethical wills become helpful. An ethical will is not a legal document, but it is something that many people Read More

When planning your estate, you may want to keep things simple by drafting a straightforward will. Yet, wills often prove complex in the long run because they face probate. This process is slow. And beyond the basic fees, probate can become costly if it endures. But there are ways that your estate can avoid probate, and more of it can go to your beneficiaries. Establish a revocable trust Revocable trusts allow for a Read More

One of the most crucial decisions you may make as you reach your later years of life is choosing a power of attorney. Put simply, powers of attorney (POA) is a legal document that grants someone permission to handle your affairs in the event that you are unable to do so. The powers of attorney can be conditional, such as after a specific event or incapacitation, or durable, meaning it goes into effect Read More

In a generation that doesn’t want to face the end of their lives, having a will is the last thing on a millennial’s mind. Millennials work so hard for today that it’s understandable to want to avoid the most dismal part of life: death. Creating a will can dig up unpleasant emotions. So much so, that many avoid the process until they absolutely have to. Sometimes, they wait until it’s too late. Although it’s easy to Read More

If you’re new to estate planning, it might be overwhelming to try to wrap your head around all the various estate planning tools at your disposal, and how they’re different and how they’re similar. In today’s blog post, we’re going to look at two of the most popular estate planning tools: wills and trusts.  SIMILARITIES  Wills and trusts are both legal documents where you can state or express your specific wishes Read More

You love your mom and dad, and only want the best for them. As they grow older, they may require extra assistance in their day-to-day tasks. And sometimes, that escalates to more care than you can provide. When it starts to feel like your parent needs more help than you can give, you may begin considering other options. During this time, it’s normal to feel guilty or unsure. It may have been something you’ve put off Read More

Estate planning can feel scary and overwhelming. Often, we have preconceptions of what estate planning is and who it is for. But are those assumptions correct? Here are some of the top myths people believe about estate planning: I don’t have many assets, so estate planning isn’t for me. No matter how much you have in your savings or how many assets you have, estate planning is not just for the wealthy. Something Read More

There are a lot of misconceptions out there about estate planning, especially since many people associate estate planning only with seniors and who gets what after you die. These misconceptions can actually keep young people from moving forward with their own planning. There are, in fact, valid reasons why everyone, no matter how young or old, should consider starting the estate planning process. But why is estate Read More

Have you been thinking about estate planning more often than usual lately? As the parent of a special needs child, you may be feeling higher levels of anxiety regarding your child’s future care in light of the coronavirus pandemic. Completing your estate planning may provide the peace of mind you need during this uncertain time. But where do you start? What to consider Estate planning for special needs children is an Read More