Preparing For The Future With A Will And Trust
Whether your goal is to ensure that your belongings are distributed in the manner you see fit or you want to protect your loved ones from a complicated probate proceeding, creating a will or trust is a wise decision. By proactively preparing for the future, you can help eliminate additional stress and emotional turmoil during an already overwhelming time for your loved ones. Frails & Wilson Attorneys At Law can help you determine whether a will, trust or both are right for you.
Our attorneys also have immense knowledge of the Georgia probate and estate laws. Some of the situations that may require probate litigation include:
- Nontraditional families
- When a beneficiary is a nonfamily member
- If the decedent has children who are not the children of the living spouse
If you have become embattled in a probate contest, our lawyers are seasoned probate litigators. We have the resources and experience to help protect what’s yours.
If a person dies without a will, they die “intestate.” The state will then determine how the individual’s assets are to be distributed. To avoid this, you can create a last will and testament. The contents of a will can contain important elements including:
- Naming a guardian for minor children: You are able to make the important decision regarding who would raise your minor children in the event you could not.
- Executor: You can designate a person to make sure that your wishes are carried out.
- Distributing assets: Decide how your assets will be divided.
Only an attorney experienced in estate planning can assure that you will cover all the aspects that are not only required but also beneficial to your specific situation. The Augusta firm Frails & Wilson Attorneys At Law can guide you through creating a legally binding document that can give you the peace of mind you deserve.
In certain circumstances, a trust might be more beneficial for your needs. Some of the trusts we can help you with include:
- Revocable trusts: The funds are yours to use while you are alive, but your beneficiary will bypass a drawn-out probate process.
- Special needs trusts: Provides financial support for an eligible individual without compromising his or her ability to receive government benefits.