Estate Planning Archives - Page 15 of 15

January 10, 2017

A Guide to Property Titling : Joint Tenancy with Right of Survivorship in Georgia

Summary: People may believe their property will be distributed according to their Will, but as Siedentopf Law explains, the property can pass outside of an estate depending on how it is titled. That’s why it’s important to understand the different types of ownership (sole ownership, joint ownership, ownership in trust) and whether any title changes are needed. “Titling” refers to the legal form of property ownership, as governed by state

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December 15, 2016

Arranging Care For Loved Ones

Summary: What can you do if your family member or loved one is starting to lose the ability to care for themselves? Siedentopf Law shares advice on putting a plan in place based on a person's mental, physical, financial, and/or legal needs. During the holidays, when everyone is gathered together, you may have noticed that family members or loved ones are having problems - that they might not

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November 18, 2016

How to Create a Private Family Foundation

Summary: Private Family Foundations work by supporting outside charities or running charitable programs of their own. These foundations provide a number of tax benefits and help create philanthropic legacies, however, there are a number of issues to consider related to regulations, fees, time commitments, and organizational structures. If you or your family are interested in pursuing charitable projects or want to create a philanthropic legacy for future generations,

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October 20, 2016

What are the Must Have estate planning documents?

Summary: Siedentopf Law discusses the purpose and importance of three essential estate planning documents: 1) Last Will and Testament, 2) Durable Power of Attorney, and 3) Advance Directive for Health Care. Having an estate plan means making provisions for your friends and loved ones and yourself, should you become disabled or upon your death. There are three legal documents in particular that will ensure this process is as

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July 26, 2016

What is a fiduciary and why are they essential to estate planning?

Summary: A fiduciary is a person who has a legal or ethical relationship with another person, and has agreed to provide them with the highest standard of advice or service. Fiduciaries typically have a professional obligation to advise a person in matters of law, finances, or property -- keeping the other party's best interests in mind. UPDATE: On June 9, 2017, the Fiduciary Rule went into effect. This law

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