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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...
Women Who Didn’t Have A Will and Died: Amy Whinehouse
Amy Whinehouse died without a will. She died intestate. She died without making clear what she wanted to happen to her nearly $7 million dollar estate. She died without making clear what she wanted to have happen to her remains, her body, after she died. She died...
When Should You Update Your Estate Plan? Pt. 3 The Third “D” = Distance
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 dates. In other words, if someone or something in your last will and testament, financial power of attorney, health...
Your Beneficiary Designation vs. Your Will: Which One Controls?
Beneficiary designations v. Your will. Can your beneficiary designations change what you have in your will? NO. Can your will change your beneficiary designations? NO. When you die, you cannot own anything. That is the general way to approach how you pass on your...
Did Your Wills Attorney Ask You “Why”, “Who” and “What”?
Did your attorney ask you these three things before they signed you up? Why? Who? What? If not, your estate plan may not be the right plan for you, your family, your kids. Wills, powers of attorney for finance and advance directives for health care and trusts work for...
Update Your Estate Plan? Pt. 2: The Second “D” = Divorce
One of six reasons to update your estate plan: you have been divorced since your last estate plan was signed.
When Should You Update Your Estate Plan? Pt. 1: The First “D” = Diagnosis
When should you update your estate plan? We focus on the Six "D"s when we work with clients and educate others. The first "D" of when you should pull out your estate planning documents and think of whether they need to be updated or not is D = "diagnosis." When you...