In Georgia, if you do not have an up-to-date Will when you die, then the Georgia Legislature and the Probate Court will select an off the rack plan for your family. There are many reasons why this is not a desirable outcome. Let me tell you about just a few.
For one thing, if you have minor children, your surviving spouse can be prevented from doing anything with your property without first getting approval from the Court.
On the other hand, the State may award lump sums to your children once they reach 18 years of age even if they are not yet mature enough to handle money.
And if your husband or wife is a Foreign National, you could lose a large portion of your Estate to taxes. Selecting an Estate Plan that fits your family’s needs does not take long and is relatively inexpensive. However, not planning for your loved ones once you are gone can be very costly and time consuming. Worst of all, not planning can be a very painful experience for your family at a time when they’re already experiencing heartache.
Help protect your family by e-mailing or calling me at 770-795-4992. Let’s discuss your plans, goals and concerns.