At Georgia Estate Plan: Worrall Law LLC, We Help You Protect the People You Love and the Things You Care About. Protecting who you love and the things you treasure. Estate Planning isn't about how much money you have, it's about protecting what you have for you, during your life and for those you love, after you're gone, no matter what stage of life you are in.
The weeks and months following the death of a loved one can be overwhelming. With so much to do legally and financially, you may be wondering where to even start and what exactly is involved in closing out a loved one's estate. We can help. You have worked all your life to build a nest egg. We can help you proactively protect it against the nursing home or the state if you later get sick and need long term care.
The weeks and months following the death of a loved one can be overwhelming. With so much to do legally and financially, you may be wondering where to even start and what exactly is involved in closing out a loved one's estate. We can help. You have worked all your life to build a nest egg. We can help you proactively protect it against the nursing home or the state if you later get sick and need long term care.
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Mission Statement
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3. Enable our clients to use what they have, to protect themselves and their families and plan for their personal and financial future. 4. Help each of our clients obtain benefits they rightfully deserve and allow them to keep what they have worked for all their lives. 5. Give our clients the peace of mind they deserve in regards to their plan for the future.
Estate Planning
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In your will, you name an executor, the person assigned to carry out your wishes, and describe who you want to give your property to after your death. If you have minor children, your will also names the people you want to raise your children to adulthood, or their guardians.
If you want the money you leave behind for your children to go to them at an age later than when they become adults at age 18, you should also consider creating either a testamentary trust in your will, or having a revocable living trusts instead.Many people think that a will avoids probate, but it does not.
If you want the money you leave behind for your children to go to them at an age later than when they become adults at age 18, you should also consider creating either a testamentary trust in your will, or having a revocable living trusts instead.Many people think that a will avoids probate, but it does not.
Elder Law
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At Georgia Estate Plan: Worrall Law LLC, we are committed to finding families solutions for their loved ones. As we age, our needs change, and we require more attention, care, and respect more than ever. If you are supporting your aging loved one financially, you may be worried about the costs of health care, how to pay for it, and if your loved one has any additional benefits that could help them.
Probate & Estate Administration
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When a loved one dies, his or her estate usually must go through a court-managed process called probate or estate administration. In this process, the assets of the deceased are managed, the debts are paid and the balance of the property is distributed.
If your loved one's assets were owned by and titled in a well drafted and properly funded revocable living trust, it is likely a court-managed administration will not be necessary, but a successor trustee will take action to administer the distribution of the deceased person's assets.
If your loved one's assets were owned by and titled in a well drafted and properly funded revocable living trust, it is likely a court-managed administration will not be necessary, but a successor trustee will take action to administer the distribution of the deceased person's assets.
Trust and Estate Administration
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A loved one's passing is felt by their entire surviving family. But when it comes to carrying out the decedent's final wishes, not everyone has an equal say. In fact, in many cases, only one person-the executor, or personal representative, of the estate-plays a role in administering a will.
This role includes gathering the deceased's accounts and property, paying debts, managing the money and property, then distributing the money and property to the chosen individuals or charities named in the will.The same is true of trust administration. The trustee, and typically the trustee alone, is in charge of managing, investing, and distributing the trust's accounts and property according to the instructions in the trust document.
This role includes gathering the deceased's accounts and property, paying debts, managing the money and property, then distributing the money and property to the chosen individuals or charities named in the will.The same is true of trust administration. The trustee, and typically the trustee alone, is in charge of managing, investing, and distributing the trust's accounts and property according to the instructions in the trust document.
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