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Advantages & Disadvantages of a Special Needs Trust in Georgia
Read More: Advantages & Disadvantages of a Special Needs Trust in GeorgiaBefore establishing a special needs trust (SNT) in Georgia, it’s crucial for families and individuals to weigh both the benefits and potential drawbacks. Such a trust is designed to provide financial support to a loved one with disabilities without jeopardizing their eligibility for public benefits…
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Intestacy Laws in Georgia
Read More: Intestacy Laws in GeorgiaWhen someone passes away, how their assets and estate are handled can be of paramount importance to their surviving family and beneficiaries. In Georgia, the laws governing the distribution of one’s estate can be complex, particularly when a person dies without a will. This is…
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Do All Heirs Have to Agree to Sell Property Inherited in Georgia?
Read More: Do All Heirs Have to Agree to Sell Property Inherited in Georgia?When multiple heirs inherit property in Georgia, the question of whether all heirs must agree to sell the property often arises. The process of selling inherited property can be complex, particularly when emotions and differing financial goals come into play. Understanding the legal requirements and…
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What is a Dynasty Trust?
Read More: What is a Dynasty Trust?In Georgia, a Dynasty Trust offers a strategic avenue for those interested in sustaining their family’s financial health across several generations. This type of trust can be a pivotal component of an estate plan, particularly for individuals aiming to minimize estate taxes and protect assets…
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Estate vs. Trust
Read More: Estate vs. TrustPlanning for the future management and distribution of your assets often necessitates individuals to discern the differences between estates and trusts. In Georgia, both legal structures serve important roles in estate planning, but they function differently and can lead to different outcomes depending on your…
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What is a Letter of Administration of Probate in Georgia?
Read More: What is a Letter of Administration of Probate in Georgia?When someone passes away without leaving a valid will, their estate must go through a legal process known as intestate administration. In Georgia, this process involves the probate court appointing an administrator, also referred to as a personal representative, to manage and distribute the deceased’s…
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Estate Tax Exemption Sunset 2026
Read More: Estate Tax Exemption Sunset 2026The 2026 sunset of the estate tax exemptions under the Tax Cuts and Jobs Act (TCJA) marks a significant turning point for estate planning. In 2026, the current federal estate tax exemptions are set to revert to their pre-2018 levels, adjusted for inflation. This change…
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Seven Major Life Events That Should Prompt Georgia Residents to Prepare or Update Their Estate Plans
Read More: Seven Major Life Events That Should Prompt Georgia Residents to Prepare or Update Their Estate PlansEstate planning is a critical, but often overlooked, aspect of managing your financial and legal wellness. As you know, estate planning involves creating a plan for the distribution of your assets, property, and wealth after your passing. Major life events often necessitate an initiation or…
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What Is an Administrator of an Estate and What Are Their Duties?
Read More: What Is an Administrator of an Estate and What Are Their Duties?The administration of an estate is a crucial process when a loved one passes away, as it involves managing and distributing their assets according to state laws. The role of an Estate Administrator as a personal representative is vital in this context, ensuring that assets…
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What is Probate like in Georgia?
Read More: What is Probate like in Georgia?In Georgia, probate is the legal process through which a deceased person’s assets are managed and distributed. This process is overseen by the probate court in the county where the deceased person lived at the time of their death. Probate involves validating the will, appointing…
