November 2016 Archives

Probate litigation often results when people procrastinate

Sources estimate that approximately 50 percent of Americans, including many here in Georgia, die without a will. Few people are comfortable contemplating their own deaths and, as such, fail to create an estate plan in time or fail to update an old one. This lack of planning could result in probate litigation as surviving family members argue over the estate left behind, creditors come calling and tax issues arise.

Instructions for pets are needed during estate administration

What happens to a Georgia resident's pet when the owner passes away? This is one question that many people forget to address during their estate planning. It would be beneficial for instructions regarding the family pet to be provided in order to make this issue less complicated during estate administration.

5 reasons to do estate planning today

Almost everyone will tell you that effective estate planning is crucial. At the same time, most people will also tell you that they haven't done enough or haven't even started yet. People often assume they don't need to worry about it until they're older, they feel uncomfortable planning for their own passing, or they just don't realize that it should be done sooner rather than later. Below are five reasons why you must get started today.

Estate administration is easier with an up-to-date estate plan

Upon death, a Georgia resident's last will and testament needs to be probated. If that individual's estate plan is not kept up-to-date, the estate administration could be more difficult. Reviewing an estate plan periodically can help keep unnecessary problems from diminishing the assets of the estate and preventing the distribution of its assets as quickly as possible.

Estate administration and out-of-state family members

Many people who live out-of-state are named the executors of wills for family members who live in Georgia. This would obviously make estate administration problematic. Fortunately, an executor -- or the family members of someone who died intestate (without a will) -- can still have the estate settled long distance.

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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