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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...
Why Do Women Need A Will?
Technically, women already have an estate plan. In fact, every woman in every single state in the United States has one. The government has given you one based on what THEY think and want to have happen to you and your property. The best way to answer this question...
Who is an heir in Georgia?
Who Is An Heir in Georgia. There is a difference between a beneficiary and an heir at law. Here are the definitions: A beneficiary is: someone is named in a document (in this instance a will) and is set to receive whatever share, item or property identified...
Why Do Moms Need a Trust And Not A Will
We work with moms. One of the first things we discuss with moms (and dads) when we meet with them in our consultation is why they need a trust and why a basic or simple will won't work. We'd like to share that information with you, also. So why won't a simple will...
What is a Will and why do you need a Will?
What is a Will? Here is a very, very basic breakdown of what a will is (and isn’t): A legal, binding document Goes into effect when you die Can be changed up until you die Needs to be signed in a certain way or isn’t valid and enforceable (subject to laws of state you...