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Regularly Updating Wills: A Regular Necessity

Is regularly updating your will just as important as seeing your physician each year?  No, but just like never seeing your doctor, not revisiting your will can result in adverse consequences for your estate planning.  Any changes to your family can invalidate your previous will to an extent.  This includes having or adopting additional children, …

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A Power of Attorney: A Way to Avoid a Costly Court Battle

In the event of a loved one becoming incapacitated in Georgia, many people have to resort to seeking the appointment of a Guardian and Conservator through a formal petition in a local probate court.  Currently, this involves a process where family members must draft and file a petition setting forth the grounds for guardian and …

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Joint Accounts and T.O.D.’s: A Means to Avoid Probate (cont.)

Continued from our previous blog entry, another great way to keep your assets out of probate is to take advantage of Joint Accounts and Transfer on Death Clauses.  Typically, joint accounts tend to be checking or savings accounts at financial institutions that list two (or more) people as holders of an account.  Upon the death …

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