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.
Category Archives: Estate Planning
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.
Having Children After Executing Your Will Could Invalidate Your Will Under Georgia Law
Parents should know that if their Will is not done right, the birth or adoption of a subsequent child could invalidate their Will. So, it's important to ensure that they periodically review their estate planning documents when significant changes occur. Doing so may help avoid a 10+ year battle over an estate, decided by a recent Georgia Supreme Court ruling.
2017 Estate Planning Update for Advisors
Financial advisors, insurance agents and CPAs are invited to join us on Wednesday, October 11, 2017 at 4PM Eastern for an update on estate planning in Georgia. Learn the foundational tools used for most clients in Georgia, and also get up to speed on changes in the law in 2017, including changes to Georgia's power of attorney act.