On behalf of Coleman, Chambers & Rogers, LLP | Aug 20, 2019 | Probate & Estate Planning
Revocable trusts are often an important part of estate plans in Georgia because, among other advantages, they avoid the cost, publicity and delay of the probate process. During the life of the person who makes the trust, called the settlor, it allows for the estate to...
On behalf of Coleman, Chambers & Rogers, LLP | Aug 7, 2019 | Probate & Estate Planning
People in Georgia should consider family dynamics carefully during the estate planning process. This includes thinking ahead as to what they would prefer to happen if a child divorces and remarries. For example, if this occurs, assets left to the child could end up...
On behalf of Coleman, Chambers & Rogers, LLP | Jun 26, 2019 | Probate & Estate Planning
Georgia residents can use a power of attorney to give a trusted person or entity the authority to make financial decisions on their behalf should become unexpectedly incapacitated. If there is no power of attorney in place, their family will have to involve the...
On behalf of Coleman, Chambers & Rogers, LLP | May 13, 2019 | Probate & Estate Planning
It sometimes seems like a minor point to name the beneficiary when people in Georgia are setting up their individual retirement accounts. While individuals may not think it’s important in the moment, failing to name a beneficiary or naming the wrong one is one...
On behalf of Coleman, Chambers & Rogers, LLP | Apr 2, 2019 | Probate & Estate Planning
Procrastination often results when people in Georgia think about end-of-life planning. Concerns about how family members will react to final wishes about the distribution of an estate also encourage the temptation to delay writing wills or setting up trusts. A survey...
On behalf of Coleman, Chambers & Rogers, LLP | Feb 5, 2019 | Probate & Estate Planning
In the modern world, more and more assets are becoming digitized. From photo albums and record collections to stocks and cryptocurrencies, estate plans need to account for the digital sphere if they are going to meet the goals of families in Georgia. Managing digital...
On behalf of Coleman, Chambers & Rogers, LLP | Jan 7, 2019 | Probate & Estate Planning
Some Georgia residents may not realize that estate and financial planning go hand in hand. For example, many may believe that estate planning only makes sense if someone has financial assets to leave behind. These individuals may opt to engage in personal financial...
On behalf of Coleman, Chambers & Rogers, LLP | Nov 30, 2018 | Probate & Estate Planning
Georgia residents often delay the necessary process of creating a will. Either due to uncertainty regarding beneficiaries, general procrastination or an unwillingness to confront one’s mortality, doing what should be done often remains undone. When estate owners...
On behalf of Coleman, Chambers & Rogers, LLP | Oct 1, 2018 | Probate & Estate Planning
Poor estate planning can often lead to unintended consequences for loved ones, including family conflicts. One of the first steps a Georgia estate owner can take in order to make this less likely is choosing the right executor. Some families descend into conflict...
On behalf of Coleman, Chambers & Rogers, LLP | Sep 5, 2018 | Probate & Estate Planning
Anyone in Georgia not aware of the many potential benefits of being proactive with estate planning can learn a lesson from the Queen of Soul. Soon after Aretha Franklin passed away after losing her battle with pancreatic cancer, it was reported that she left no will...
