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Immediate or Incapacity Only: Your Financial Power of Attorney
An immediate or incapacity only power of attorney is very, very different. Do you know the difference and do you know if your power of attorney is immediate or incapacity only?
4 Things Your Health Care Agent Can Do Under Your Georgia Advance Directive for Health Care
The four things your health care agent can do under your Georgia Advance Directive for Health Care, sometimes referred to as a health care power of attorney, are: make treatment health care decisions for YOU, access YOUR private and protected health information, make end-of-life decisions for YOU, and make decisions about how YOUR remains are treated after you pass away.
Estate Plan: What does that really mean?
Do you really understand the phrase “estate plan”? Here is a brief explanation of the documents in a full ESTATE PLAN and how and when they work for you.
What is probate?
Probate is the court process of taking what a person owned at their death and transferring it to the person or entity entitled to receive it after the person died. How long does probate take? Who the "entitled person or entity" is to receive money after I die? Who is...
Does a will go through probate?
Yes. A will goes through probate. A will does not avoid probate. Short answer. Now let's dig further into what happens if you die with a will. Starting with the premise that a person who is dead cannot own anything. So one moment you own something, say a home,...
When You Die Without A Will: Pablo Picasso Died Without One
Ever wonder what happens when you die without a will? Well you don't need to wonder, you just need to pull up a few headlines in the newspaper to check out what has happened to the wealth of a famous person who died without a will. That's right. If a famous person,...
When Should You Update Your Estate Plan? Pt. 5 The Fifth “D” = birthDay
When should you update your estate plan??? We have been working on this six part series now for a few months, focusing on one "D" at a time. This "D", our fifth "d" in the series, is kind of a play on words. We admit it. But it is another birthDay. We know estate...
When Should You Update Your Estate Plan? Pt. 4 The Fourth “D” = Death
When you should update your estate plan depends on the Six D's. What are the "Six D's"? They are: death, divorce, diagnosis, distance, dividend and days. In other words, if someone or something in your last will and testament, financial power of attorney, health...
Online Wills v. Attorney Prepared Wills: Pt. 2 Blended Families
This is part two of the differences between a will obtained online versus a will prepared by an attorney you have thoughtfully worked with for your planning. We mentioned in part one that we are asked to review online wills for potential new clients all of the time. ...
Online Wills vs. Attorney Prepared Wills: Pt. 1 Minor Children
We are asked to review online wills for potential new clients all of the time. A large majority of them are wills that they obtained in a "kit" or downloaded from the internet off of a site for "do it yourself" estate planning. I'm not here to bash those sites and...