Recently we shared an article which discussed three types of special needs trusts; third-party special needs trusts, first-party special needs trusts and pooled trusts. We also shared that we generally think of any trust, special needs or otherwise, as boxes to safe keep things, money or property for the benefit of another. A third-party special needs…
“What Happens If I Am In the Middle of a Divorce and My Spouse Dies?” Short answer: Divorce proceeding ends because the marriage ended at the death of the person. Long answer: There still needs to be decisions about the money, things, property, and children. Now all these decisions are made in probate…
As you know, having guardianship papers and an estate plan set up is an important step in adulthood. But you may not realize that just as important is being familiar with your guardianship papers and estate plan. Let’s take a look at each form you might have. Living Will A living will is also…
Having estate planning forms filled out and set up is a very important step as an adult. Most people, however, do not think about having an estate plan until they are close to retirement age or older. Many people do not want to think about the possibility of not being around to take care of…
If you are married, you may assume you will get everything if your spouse passes away. Here in Georgia, if your spouse doesn’t have a Will that may not actually be true. Why? Because your spouse died intestate. (a.k.a. without a Will). There are special rules that apply when someone dies without a will. These…