You have worked hard to build your estate for your loved ones. Why waste a portion of it to pay for probate? An experienced estate planning attorney can help you avoid the cost, time, and inefficiencies of the probate process by creating a revocable living trust.
A solid Georgia estate plan will allow your assets to pass to your beneficiaries with the lowest possible estate tax cost. A good estate plan will also pass your assets in a form that best meets your desires and the needs of your beneficiaries.
In our previous post we discussed prenuptial and postnuptial agreements and how these contracts can protect assets such as a small business from a divorce property division. Prenuptial and postnuptial agreements may not be a realistic option for some Georgia couples because some people may refuse to sign the agreements, and other people may be uncomfortable with the potential awkwardness of the financial conversation that surrounds these agreements.
In previous posts, we covered the basics of Georgia probate and the death of Hollywood legend Elizabeth Taylor. The celebrity news website Radar Online reports that the probate process has begun for Elizabeth Taylor's estate, which is estimated to be worth between $600 million and $1 billion.
Families in Northeast Georgia recently protected their land by granting conservation easements to the Athens Land Trust. The families gave the easements to the trust to protect the natural resources of their properties for their heirs.