October 2016 Archives

The will and its role in estate administration

When Georgia residents die, their assets will need to be distributed. If there is a will, surviving family members have some instructions as to whom will receive the assets left behind. However, a will is only part of the equation when it comes to estate administration

3 reasons appointing power of attorney is vital for your estate

When it's time to plan your estate, something that must be done is the appointment of a power of attorney. The POA has several important jobs, but, most importantly, he or she can make all necessary decisions for you in the case that you can't due to illness or imminent death. Some POA appointments can continue to control parts of your estate and to take actions on your behalf after death if you indicate this in your will.

Handling valuable assets through trust administration

Transferring assets during probate can be a long process under the best of circumstances. Furthermore, the value of the assets can diminish during estate administration due to unforeseen costs, such as taxes or litigation from heirs. For many Georgia residents, it would be much more efficient and less costly to put high value assets, such as a home, into a trust since trust administration is often less of a hassle.

Will estate administration be as easy as possible for family?

Many Georgia residents created their estate plans when they had minor children. However, as the years went by, their children became adults, and now their plans are out of date. When estate-planning documents are not updated, surviving family members could have a difficult time when it comes to estate administration.

Estate administration can be stressful -- do not go it alone

Even if the loss of a loved one was expected, it is still an emotional time for most families. While surviving family members grieve, they still have to summon the energy to deal with all of the legal and financial issues that follow a death. Estate administration can be stressful, and there is no need for Georgia residents to go through it alone.

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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When you have legal questions or concerns, contact our team at Teiger Law Center, P.C., by calling 678-374-7645, 800-780-2275 or reach us via email by completing our online contact form. From our Cumming and Alpharetta law offices, we represent clients in the Atlanta metro and throughout north Georgia.

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