The Minnesota Divorce and Family Law Blog has posted an article explaining that if a married couple gets divorced, and one of the spouses owned their home before the marriage, the house is part marital property and part nonmarital property. It is important to realize that in Georgia, as in Minnesota, the value of the…
Introduction Few people enjoy estate planning. This is one reason so many lawyers die without wills. Estate planning is uncomfortable, but you should consider it a labor of love for your family and friends. What you do or fail to do now, may significantly simplify or complicate the tasks for your family and friends after…
Life Advice – Planning Your Estate A primary purpose of estate planning is to distribute your assets according to your wishes after your death. Successful estate planning transfers your assets to your beneficiaries quickly and usually with minimal tax consequences. The process of estate planning includes inventorying your assets and making a will and/or establishing…
The Miami Herald reports on story of a a secret that surely could not be kept for long, but the husband,Arnim Ramdass, allegedly tried. According to the stay-at-home wife, Donna Campbell, Mr. Ramdass, an airline mechanic, 52, reportedly disconnected the phone line at home and Ms. Campbell, 48, to watch television. Eventually, however, she learned…
You can save a lot of money and potential chaos and hard feelings among those closest to you by preplanning how you want your assets managed when you are incapacitated, and how your property will be divided at your death. Powers of Attorney In Georgia, you can sign a durable power of attorney to appoint…
Mediation is a very popular and widespread process used to resolve disputes, especially in divorce cases. In many places . . ., mediation is virtually a requirement before a case can go to trial. The reason is obvious — it works! My observation is that mediated cases settle about 90% of the time, or more….
Although revocable living trusts have been around for many years, recently they have become popular and are being promoted as the solution to a variety of financial and estate planning objectives. Numerous free educational seminars promoting the advantages of using a living trust are being sponsored by financial planners, attorneys, and trust officers as the…
A letter of last instructions is an informal document, and one of the most helpful things you can provide for your family. The letter should express your wishes following your death. The purpose of this letter is to give your personal representative or family member the information he or she will need concerning your personal…
The following terms frequently appear in discussions of estate planning, as well as estate planning documents. These definitions should help you understand discussions of this topic. However, as with any word, a particular term may carry different meanings in different contexts. These definitions do not cover every conceivable situation. Administrator: The person who manages an…
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When it comes to estate planning, there are 5 ridiculous myths that could cause your plan to crumble and fall apart when your family needs it the most.
Whether you already have an estate plan or you have ZERO documents in place, this report will help you identify common myths and mistakes so that you can FIX any problems, make the right decisions and properly safeguard the people and things you love.
BEFORE YOU GO ONE STEP FURTHER WITH YOUR PLANNING….
Download this free special report from attorney Steve Worrall and discover:
• The most common reason why estate plans FAIL when families need them the most (…this can happen no matter how much you paid or how great your attorney was!)
• Why estate planning is not just for the rich or elderly, and the bare minimum documentation every adult over 18 needs in place
• Why your kids may still end up in the care of social services, even with guardians named, if something happens to you
• One common oversight that may force your estate into probate, even though you have a rock-solid trust in place
• Why your family may not be able to honor your most private health care wishes if something happens to you
• …and more!
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National Healthcare Decisions Day is on April 16th, and it’s an important reminder for every adult to let someone know their most private wishes about medial treatments and possible end-of-life care. Far too many people assume that their families would make the choices they would want in an emergency. Yet everyday we hear stories of…