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Estate Planning

Georgia Wills, Trusts and Estate Planning Blog

News and Thoughts on Issues in Georgia regarding Wills, Advance Directives, Living Wills, Healthcare Powers of Attorney, Guardianship, Probate and more.
By Stephen Worrall

Post Frequency: 1.8/day

Last Entry: March 21, 2011 at 16:17:57

New FDIC rules for inter vivos trust accounts

Posted on October 03, 2008
On September 26, 2008, the FDIC issued interim final regulations entitled Deposit Insurance Regulations; Living Trust Accounts. The interim rules amend 12 CFR 330 and took effective immediately, pending a sixty day comment period before finalization. Here is a summary...

Financially Preparing for Special-Needs Kids

Posted on October 01, 2008
Sarah Palin's son Trig helps spark a national conversation By Kimberly Palmer Posted September 30, 2008 Sarah Palin's 5-month-old son, Trig, who has Down syndrome, has sparked a national conversation about kids with special needs: the extra care they require,...

The Importance of Estate Planning

Posted on October 01, 2008
It is important for every person to have a proper estate plan in place, but, for a number of reasons, people often have no estate plan at all or, if they have one, it is inadequate. A proper estate plan...

Your Parents, FDIC and Keeping Your Money Safe

Posted on September 25, 2008
Alexis Martin Neely on CNBC On the Money talking powers of attorney, FDIC coverage and more. SOURCE: You Tube and CNBC

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If You Really Can't Decide Who to Name As Guardians, Here's What to Do

Posted on September 25, 2008
There are a lot of parents out there who have not named guardians for their kids because they really can't decide.You might be one of them.But, here's the thing. If you don't decide and something happens to you, the decision...

Free Special Report Available! How to Avoid A Hidden Danger Facing Your Children

Posted on September 23, 2008
I am offering a free Special Report, written by Alexis Martin Neely, entitled How to Avoid A Hidden Danger Facing Your Children: Seven Steps Smart Parents Must Take Today For Absolute Peace of Mind. The report also includes an offer...

September Financial Collapse 101

Posted on September 23, 2008
The following article is written fellow Personal Family Lawyer, Victor Medina, of the New Jersey law firm of Medina, Martinez & Castroll, LLC, and author of the New Jersey Estate Planing Blog. September saw the collapse of three major financial...

It pays to learn the ABCs of FDIC

Posted on September 23, 2008
The old line among parents of teens - It's 9 p.m.; do you know where your children are? - has a replacement these days. In the wake of the recent failure of a few banks (including a high-profile closure in...

Frequently Asked Questions About the Administration of an Estate

Posted on September 22, 2008
If I die, will the state get all of my money? This happens very rarely in Georgia. If you have no will and no heirs at law, then there is a chance that your estate will go to the state....

GEORGIA?S LAW ON CARDIOPULMONARY RESUSCITATION (CPR)

Posted on September 22, 2008
There are often many questions about who has the authority to approve orders not to resuscitate a person or to approve a ?No Code.? The law in Georgia is very specific and there are circumstances when regardless of a person?s...

Guidelines for Individual Executors and Trustees

Posted on September 22, 2008
After an individual's death, his or her assets will be gathered, business affairs settled, debts paid, necessary tax returns filed, and assets distributed as the deceased individual (generally referred to as the "decedent") directed. These activities generally will be conducted...

Living Wills, Health Care Proxies, and Advance Health Care Directives

Posted on September 22, 2008
With the increasing ability of medical science to sustain our lives, people are living much longer than ever before. Unfortunately, as we grow older and experience poor health, we may find ourselves in a position where decisions need to be...

Questions Regarding Power-of-Attorney

Posted on September 22, 2008
An important part of lifetime planning is the Power of Attorney. Valid in all states, these documents give one or more persons the power to act on your behalf. The power may be limited to a particular activity (e.g., closing...

Couples face challenges with planning estate for second marriage

Posted on September 17, 2008
Our greatest challenge is planning the estate for second marriage clients. The blended family carries with it a number of competing concerns as we prepare wills and trusts to meet their needs. If the couple is financially sound with adult...

A grave issue of parenting ? writing wills and choosing guardians

Posted on September 16, 2008
The following article, which appeared in the Orange County Register, features an interview with fellow Personal Family Lawyer Darlynn Morgan of The Morgan Law Group in Newport Beach, California. Tips for making sure your children are cared for in the...

Estate Planning: What Every Business Owner Must Have (even if you?re single or broke)

Posted on September 16, 2008
Every business owner needs some basic estate planning documents, even if one who is single with nodependents, or whose business is not ?worth anything? yet. Think of your business, clients, and customers as dependents of a sort that need to...

Two Legal Documents Every Adult Needs No Matter The Size of Your Bank Account

Posted on September 14, 2008
As of your 18th birthday, you became an adult in the eyes of the law. Even though your kids may still act like teenagers (or you may feel like one), in the eyes of the government, turning 18 means you...

Special needs trusts helps provide for disabled children

Posted on September 13, 2008
Nearly all parents of disabled children have worried about the day they won't be around to help care for their sons or daughters, whether the children are 6 or 60.Many families have carefully crafted a living situation for their disabled...

Estate Planning after a Second Marriage

Posted on September 12, 2008
It may be time to review your Will Chances are that you have a Will somewhere that you had drawn up when your children were born. Depending on how long ago that was, you should probably dig it out, review...

Estate Taxes: Not Just For the Rich

Posted on September 11, 2008
You work hard for your money, so who do you want to leave it to when you die ? the government or your kids? Even if you don?t consider yourself ?rich,? you need to know how to protect yourself against...

What Kind of Life Insurance Do You Really Need?

Posted on September 11, 2008
I get massively ticked off when I meet with prospects for a Family Wealth Planning Session and see on their Family Wealth Inventory and Assessment they?ve been sold life insurance they don?t need. Life insurance is critically important for families,....

How Much Life Insurance Do You REALLY Need?

Posted on September 11, 2008
Quite frequently when I?m working with clients, I am asked the question - how much life insurance do I need? Like any good lawyer, my answer is ?it depends.? There?s no set answer. Personally, I have $1,500,000 on my life....

How Much Life Insurance Do You Need?

Posted on September 11, 2008
September is Life Insurance Awareness Month. I will be posting several articles on this subject and the importance of having enough insurance and the right kind of insurance. The following article is about determining how much life insurance you need...

Warning! Your Parents? Estate Plan May Mean Trouble For You

Posted on September 10, 2008
The typical ?estate planning? experience is one in which people go in and meet with an attorney, sign some documents, put them on a shelf or in a drawer, and never look at them again. It?s very likely that IF...

3 Secrets Loving Parents Need to Know

Posted on September 09, 2008
As a parent, the last thing I want if something happens to me is for my children to be put into a situation in which they feel scared, are surrounded by people they don?t know and don?t know just how...

Keep the Government and Lawsuit Happy Opportunists Away From Your Children's Inheritance

Posted on September 08, 2008
I?ll bet your current estate plan leaves your assets to your children outright and unprotected by the time they are 35. If that?s the case, you?ve overlooked an incredibly valuable gift you can give your children (and the rest of...

Wills & Trusts: How Much You Need Before You Die

Posted on September 08, 2008
If you own anything or have any money, believe it or not, you have an estate. And without a plan for when you die, your family could lose all of it. Alexis Martin Neely, legal expert and author of Wear...

Estate Planning, who needs it and why?

Posted on September 07, 2008
California estate planning attorney Mina Sirkin has started a new blog called MomsRules.com. In a recent post, she talked about categories of people who need estate planning more than others: Estate Planning: Not only everyone needs it, but there are...

"Family Wealth Legacy" Stories

Posted on September 07, 2008
As I have posted before, estate planning should be about more than just passing on financial wealth; it should also capture those intangible and uniquely personal, spiritual and intellectual assets such as a person's values, experiences, and thoughts about the...

What Every Mom Needs to Know...to Take Charge of Her Life, Her Children And Her Financial Future

Posted on September 03, 2008
Alexis Martin Neely, a mom and a lawyer, is hosting a free teleseminar for moms because 69% of you don?t have your financial house in order and haven?t even legally named guardians for your kids. And, she is committed to...

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