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.
Category Archives: Estate Planning
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.
What does “Per Stirpes” Mean in a Will?
In today's short video, attorney Joel Beck answers this question: What does it mean when assets are left "per stirpes" in a Will?
How to talk to your parents about estate planning. Tips for the sandwich generation.
Attorney Joel Beck shares tips and information on how to talk with your parents about estate planning, and what adult children need to know to help protect their parents.
Do I have to treat my children the same in my will?
During the estate planning process, some people ask if they need to treat their children the same in their will. The answer: No, you don't, and sometimes you should not. In fact, there can be very good reasons for not treating your children the same in your will, as Joel Beck discusses in today's short video.