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Beneficiary and Pay-on-Death Bank Account Rules
When preparing an estate plan, often one of the primary goals is to avoid the process known as probate. Having an account payable on death instead of passing through probate will allow your wishes to be implemented almost immediately upon your death. There are a variety of estate planning tools available for avoiding probate. One […]
How Long Does Probate Take in Georgia?
As you prepare to go through the process of probating a loved one’s estate, it is important to set reasonable expectations. When the process does not go as smoothly as you might expect, you can easily feel frustrated by the rules, processes, and waiting periods involved. Conversely, if you are unnecessarily apprehensive about probate, you […]
What’s the Difference Between a Will and a Trust?
If you are ready to speak with an attorney about your estate plan, one of the first things you will need to understand is the difference between a will and a trust. While both are fundamental estate planning tools you can use to distribute your assets after your death, each can serve a number of […]
Can an Executor of a Will be a Beneficiary or is it a Conflict of Interest?
An important part of the estate planning process involves choosing an executor (or “personal representative”) who will be responsible for administering your final affairs. Among other tasks, an executor handles probate (to the extent necessary), works to satisfy your estate’s obligations to your creditor and distributes your remaining assets to your chosen beneficiaries. Due to […]