Careful Georgia lawyers assist with planning and administering estates
A well-tailored estate plan can give you the comfort of knowing that you have put your affairs in order. At Lipscomb, Johnson, Sleister, Dailey & Smith, LLP, our Cumming, Georgia lawyers can help you prepare for the future, preserve assets, and protect your family through proper estate planning, probate, and administration.
Effective Cumming estate planning attorneys protect your assets and your family
An estate plan is valuable regardless of your age or income level, and if you have children or dependents, it is especially important. We listen to our clients’ needs and goals before identifying the tools that best protect them, their families and their legacies, including:
- Wills — We can help you draft a will that details what you want to happen with your property, personal belongings, and young children upon your passing.
- Trusts — Our firm can help you establish a revocable trust to bypass probate and expedite resolution of your affairs after death or an irrevocable trust to help with tax planning, charitable donations, or controlling the use of assets long after your death.
- Advance medical directives — An attorney can help you outline your wishes regarding end-of-life care, extraordinary measures when recovery is uncertain, and organ donation with a living will. Healthcare powers of attorney are another option for advance directives to make your wishes clear regarding the care you want if you are incapacitated but not necessarily in the end-of-life stage.
- Powers of attorney — We can assist you with a grant of power to another individual to manage your financial affairs.
- Special needs trusts — Our firm can explain how this tool can be used to hold assets and provide for a loved one with special needs. These often limit the beneficiary’s income to maintain eligibility for state and federal benefits.
We can also assist you with generation-skipping transfer tax planning, tax avoidance gifts, annuities, life insurance, wealth management, charitable giving and other tax planning. In addition, if your assets are tied to a family business, such as a limited liability company, we can guide you in succession planning.
Forsyth law firm helps you manage a loved one’s affairs
In Georgia, guardianships are wider grants of control over all of a person’s affairs used to help an individual who cannot manage alone, such as an adult with special needs. Conservatorships are limited powers to control financial matters, such as taxes and investments, and do not extend to personal affairs, like choice of residence. We can establish either of these for your loved one. Our firm also drafts powers of attorney for our clients that can transfer our clients’ power to manage their own affairs to a loved one should they be stricken with a condition that robs them of their faculties.
Dedicated probate and estate administration representation helps you settle a loved one’s estate
An experienced Cumming probate attorney can guide you through wrapping up your loved one’s estate. We can represent you as the court examines the will, issues orders necessary to carry it out, and hears any challenges to the will. If you are the executor, we can provide legal guidance regarding locating property, notifying beneficiaries and distributing assets and otherwise dealing with banks, relatives, and other interested parties. In addition, we can assist you if you wish to contest the will, and determine whether contesting the will is advisable, as some wills contain in terrorem clauses that disinherit those who challenge the will unsuccessfully.