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Category Archive for: ‘Wills’

  • Is Your Will Valid?

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    In 2015, the Georgia legislature updated the requirements for executing a valid statutory Will.  Does your Will need to be reviewed?  Consider the following points for a Will to be valid in Georgia. 1.    Testamentary Capacity.   In order to have testamentary capacity, which is …

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  • Per Stirpes or Per Capita: Does it Matter?

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    Two ways for distributing property in a testator’s Will are per stirpes (Latin for “by the roots”) and per capita (Latin for “by the heads”). Distributions made per stirpes provide that members of a designated class, for example, all of a testator’s children, including deceased children, shall inherit as members of …

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  • Coordinate Your Will and Non-Probate Assets’ Beneficiary Designations

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    A Will is only one part of a comprehensive estate plan.  Make sure the beneficiary designations for your non-probate assets are coordinated with your Will to ensure that the appropriate persons inherit from you. The distribution of non-probate assets, such as investment/retirement accounts and proceeds …

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  • Plan for the New Year

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    Make 2016 the year in which you create or update your estate plan! 1.   Update your beneficiary forms.  The distribution of non-probate assets such as investment and retirement accounts and life insurance policies is dictated by beneficiary designations – not your Will.  Coordinate your beneficiary designations …

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  • Coordinate Your Will and Non-Probate Assets’ Beneficiary Designations

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    A Will is only one part of a comprehensive estate plan.  Make sure the beneficiary designations for your non-probate assets are coordinated with your Will to ensure that the appropriate persons inherit from you. The distribution of non-probate assets, such as investment/retirement accounts and proceeds …

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  • Plan for the New Year

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    Make 2016 the year in which you create or update your estate plan! 1.   Update your beneficiary forms.  The distribution of non-probate assets such as investment and retirement accounts and life insurance policies is dictated by beneficiary designations – not your Will.  Coordinate your beneficiary …

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  • Co-Executors or Alternative Executors: Which is Better for You?

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    The person you name as the executor of your will should be able and willing to carry out your final wishes.  If you have more than one child, you may feel compelled to name them co-executors in an effort not to hurt any of your …

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  • Same-Sex Married Couples Must Avoid Intestacy

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    Nearly three-quarters of the U.S. population lives in states that recognize same-sex marriage and grant such couples the same rights of inheritance granted to traditional married couples.   What happens when such a couple moves to a state that does not recognize same-sex marriage and …

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  • A New Year, A New Plan

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    Many of us enter the new year with a fresh perspective on life and resolve to improve ourselves.  Some aspire to exercise; others promise to look for a more satisfying career.  Make 2015 the year in which you make or update your estate plan by: …

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  • Initial Talks: Be Proactive About Planning Your Estate

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    Planning your estate gives you control over your final affairs.  Take the initiative and keep in mind for your initial consultation with your estate planning attorney the following: Designate individuals you trust to act on your behalf.  Your Executor will carry out your final wishes …

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