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A person who’s creating their estate plan has to determine the best ways they can pass their property down to their beneficiaries. If one of those assets is real property, they may opt to use a transfer on death (TOD) deed. A TOD deed allows the property owner to...
What happens to your social media photos or online investments when you're gone? In today's world, your digital footprint is as important as any real-world asset. This online presence can include special memories, valuable investments and even your livelihood....
Dealing with probate can be challenging, especially for appointed executors mourning a loss. If your loved one appointed you to this crucial role, you will be responsible for carrying out their wishes, under the watchful eye of the court. Understanding the missteps...
Very few people take time to think about estate and wealth distribution until they've lost a loved one. However, understanding how these segments work beforehand is very important. One of the legal aspects you should understand is the operations of probate court. Who...
Probate is the process in which the court oversees the transfer of assets from the deceased testator to the named beneficiaries. Assets can take many forms and may include bank accounts. Beneficiaries in Georgia may wonder if probating a checking or savings account is...
When a person passes away in Georgia, especially if that person has significant assets or multiple heirs or claimants, the process of resolving their estate can be complicated. And each state's probate process is different, which can further the confusion during a...
Before a deceased person’s assets can be distributed to their heirs, their will has to be validated and their estate’s debts must be settled. This happens during the probate process, and it can drag on for months. Georgia residents who wish to avoid probate often...
Probate is a process that validates a will and appoints an estate executor or administrator who settles estate debts and distributes assets to heirs and beneficiaries. Understanding the Georgia probate process makes it easier to create an effective estate plan....
The average length of time for probate in Georgia is 12–18 months. Conflict over the estate could cause it to take longer, as the executor must wait on the court to resolve legal issues. Estates that have unusual assets like race horses and collectibles may take...
When someone has their will taken care of at the time of their death in Georgia, it's called testate. In this case, the property goes straight to any beneficiary that the decedent has designated in their will usually without difficulty. What happens when someone...