Recent high school grads, before heading off in the fall for further studies or work, should make sure that they have in place the appropriate legal documents to protect themselves in the event of a need. In today's post, we discuss how a new college student can get their legal ducks in a row easily.
Category Archives: Estate Planning
Be Concerned: Odds are Your Parents Don’t Have a Solid Estate Plan
A recent study shows that only 18% of adults 55+ have in place a proper estate plan. So, that means the odds are good that your aging parents don't, and are rolling the dice. Read more in today's post about why that's problematic, and get some tips on how to talk to your parents about estate planning.
If your Will cannot be found, does it exist?
If your Will is lost, do you even have a Will? Can a copy be used to probate your estate - perhaps even if you destroyed the original intending to revoke it? Joel beck discussed Georgia's law and its presumption of an intent to revoke that arises when an original Will cannot be found.
Estate Tax Update for 2019
The federal estate tax exemption increases for 2019 over the 2018 amount, though the exemption is still set to dramatically decline in January 2026. In this short article, we outline the current and future exemption amounts, and highlight where some risk might still reside for Georgia adults who don't have solid plans in place.
Wills: Here’s Why Not To Do It Yourself.
This NYT article praises a do-it-yourself approach to estate planning for some people, while providing misinformation about the true cost of good legal services, while also overlooking the real dangers of a DIY approach. In today's post we'll tackle this issue head on and explain why a DIY approach to wills and other planning documents can be dangerous and costly.
Why do I need a Trustee in my will for my children?
Why is it a bad idea to leave your assets to the person who will raise your children if something happens to you? In today's post, attorney Joel Beck answers that question, and explains why naming a Trustee in your will to manage those assets is a better idea.
Tips for Choosing Executors, Guardians and Trustees for your Georgia Will
In today's post and video, attorney Joel Beck shares information on how to select persons to serve as an executor, guardian and trustee in a Georgia will. Selecting the right people is necessary, and Joel shares some practical tips to help you make these important decisions.
Do I need a new will if I get married?
Do you need to redo your will if you get married after signing it? Maybe. If not done right, your will would become partially invalid, and your wishes may not be followed. In today's short video. attorney Joel Beck shares more information in response to this question.
“I just need a simple will.”
Joel Beck explains why many people who think they just need a "simple will" really don't, as their situation may be much more complex than they believe.
Don’t Let Your Parents Fall For These Scams
Scams targeting the elderly are on the rise. A 2016 study found that nearly 1 in 5 US Adults over 65 had been victims of financial abuse. Get helpful information to use to talk with your parents to make sure that they don't fall prey.