People in Georgia who decide to divorce may face difficult questions about how to handle the marital home as part of the settlement. Unlike traditional financial assets, the home cannot simply be split like a bank account or retirement fund. However, unlike other sentimental items, the home has a great deal of material value and is often the largest single asset held by the divorcing couple. Due to the difficulties involved, many couples address this issue by selling the home as part of the divorce. The sale of the home allows the proceeds to be used to pay off a mortgage balance and distribute the remaining funds as part of the overall settlement.
Georgia residents who purchase new vehicles in the future may find that they are equipped with external airbags. A manufacturer of external airbags states that its external airbag can reduce the degree of injury suffered by occupants of a vehicle by as much as 40 percent. This data can be a significant factor in having external airbag technology installed in vehicles in production.
Making your estate plan was a terrific first step, but don't assume that's the only step you need to take. Those documents may not work forever. Depending on how life moves forward, you may need to update them. Below are six reasons to look over your estate plan and consider changes.