September 2016 Archives

Sometimes it is necessary to remove trustees

Not every decision made by Georgia residents during the estate planning process works as intended. For example, when they choose trustees to administer their trusts, they believe that person (or persons) will carry out their wishes and the terms of their trusts. However, that is not always the reality.

Common reasons why probate litigation is filed

Even the most carefully crafted estate plan can be challenged after the death of a loved one. Heirs and beneficiaries can say that they understand the decisions a Georgia resident makes when crafting an estate plan, but after that person's death, they might feel differently. When disputes arise regarding the will, probate litigation might be filed in order contest it.

Planning for a family-owned business: succession is key

You considered a lot when you set up your family business, from obtaining financing to selecting an entity. Your children were no doubt a factor as well. Some of it was good; with a family-run business, you can keep control between those you love. Some of it may have been concerning; will it cause tension in the family? Will kids have the desire to take over?

Choosing the right person for each estate administration job

In last week's blog, the duties of an executor were discussed to help Georgia residents make informed decisions  regarding who would be responsible for carrying out their wishes as outlined in their wills. This week, discussion turns to the other positions in estate administration that also need to be filled. Crafting an estate plan that fits all of an individual's needs, desires and goals often requires trusts and powers of attorney, which all need someone to represent his or her interests.

The role of executors & fiduciaries in an estate

As Georgia residents work to create an estate plan that provides for their family members and minimizes the tax implications of any distributions, they will also need to make the crucial choice of who will carry out their wishes. In order to help ensure that the estate is in good hands, it might help to understand the roles of executors & fiduciaries. Understanding what they will be required to do could help make the choice easier.

Court-approved programs to limit the impact of a misdemeanor charge

If you have been following our blog, you know that misdemeanors are generally viewed as a lesser offense due to the punishment typically meted out by the court: a fine payment, community service, court supervision and reparation for damages. In some cases, however, having a misdemeanor on your criminal record may restrict your future housing, career and education options. For this reason, your best interests will be served if you are able to remove documentation of having been convicted of a misdemeanor.

Estate administration and digital assets

Nearly everyone in Georgia has at least one digital account -- even if it's a social media account. What will happen to that and other digital accounts after death is more than likely not the first thought that crosses a person's mind when they are opened. Known accounts will be subject to estate administration, and if any are not identified through due diligence, they could be missed. The result could be the non-receipt of an inheritance for an intended heir or beneficiary.

Mr. Teiger, Thank you very much for your time and results. I will definitely recommend you & your firm to anyone who wants to be treated professionally courteously and needs results.Hope all is well.Again...thank you. Regards, Paul L.

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