Media outlets across the country and around the globe are covering of death of musician and superstar Prince.
The importance of beneficiary designations
A lot of people in Georgia think that a last will and testament is the single most important piece of an estate plan. While a will is very important, there are other documents that are just as crucial. People should give special attention to the beneficiary designations on their financial accounts because these designations can overrule what is written in a will.
How a revocable living trust can make life easier
When loved ones pass away, family members are often left with the daunting task of handling the remaining possessions of the deceased. Whether it's a home, antique collection or household items, dealing with these matters can be difficult in the wake of the grieving process.
Money fights and strategies for avoiding them
As Georgia parents make plans about the distribution of their assets after they are gone, worries about money-related fights among their offspring could arise. After one's death, there is little that can be done to head off such issues, and even good intentions can leave an estate vulnerable to legal action if one or more children believe that they have been slighted. The best time to head off such trouble is during the owner's life, which may require knowledgeable insight from an estate planning professional.
