Have you ever worried about what would happen to your animals after your death? Would there be someone willing to step in to love and care for your pet? Can you name a pet as a beneficiary in Continue reading →
Although there are many good reasons for their implementation, Revocable Trusts are too often promoted for the wrong ones. Revocable Trusts are commonly referred to as Living Trusts or Revocable Living Trusts (hereinafter referred to as “RLT”) and are promoted as a way to avoid the costly, time-consuming, public spectacle of PROBATE.
Assisted living and nursing homes can be scary thoughts for many of us as we enter our later years of life. Thinking about the possibility that we may find ourselves or our loved ones in need of moving to one of these care facilities can be difficult to bear. However, the reality is that the longer we live, the greater our chances are of needing long-term care outside of the home.
Estate Planning is much more than just signing your Last Will & Testament. Many clients believe that a Will supersedes all other contracts and designations. In reality, the outcome is completely the opposite. A Will only controls “probated assets.” What exactly is a probate? In practice, the probate consists of assets not otherwise distributed or handled at your death. Essentially, they are the assets remaining in your name that do not have joint ownership or designations; a bank account that was in solely your name would be “probated” and passed down according to your Will. The following are examples of assets that pass outside of probate and are thus not controlled by your Will.
Bryson Law Firm Attorney Richard Bryson spoke at the Buford Academy and Sugar Hill Christian Academy All-Pro Dads events on January 13 and January 23, respectively. All-Pro Dads is a special occasion where fathers attend a morning meeting Continue reading →