National Estate Planning Awareness Week is October 18-24, 2021
National Estate Planning Awareness Week is a public campaign designed to help us understand why an Estate Plan is essential to our financial wellness. This year, National Estate Planning Awareness Week is October 18-24. According to The National Association of Estate Planners, the 7 top reasons people say they don’t need an Estate Plan are:
1. Only the wealthy need an estate plan - and I am not wealthy!
2. I'm too young to need an estate plan - I'm not married and I don't have any children.
3. Making an estate plan is too expensive - I can't afford an attorney!
4. I'm too busy, I don't have time to make a will now.
5. My children automatically inherit everything when I die.
6. I don't want to jinx myself by creating a will.
7. I don't know where to start - I know I should have a will, but it's too complicated!
If you have an estate plan, but your will or trust hasn’t been updated in a long time, or you’ve had major life changes such as a birth, death or a divorce, or moved to another state, it’s time to consult a lawyer to update your estate plan.
FAQs About Estate Planning
Am I Too Young To Need An Estate Plan?
If you’re over the age of 18, you probably have assets that need to be managed in the event you unexpectedly die. Learn More
I Don’t Need A Will: Won’t My Children Inherit Everything?
If you die without a will in Georgia, the state’s intestate laws will determine who inherits your property. Learn More
What’s the difference between a will and a trust?
Many estate plans have both a will and a trust - and even multiple trusts. Some people think if you have a will, you don’t need a trust. Every person should have a will to protect their loved ones after they are gone. But every person’s situation is not the same, and different people need different legal documents to meet their goals. Wills and Trusts - which one is better for you? Learn More
Does a prenup have priority over a will in Georgia?
Georgia courts recognize the validity of both legally executed prenuptial agreements and wills. Creating both a prenuptial agreement before your marriage then executing or updating a will after your marriage is the best way to safeguard your loved ones. Learn More
What Is A Living Will?
A living will allows you to plan for your future medical care if at some point, you are no longer able to make your own healthcare decisions. Learn More
What Happens If You Die Without A Will in Georgia?
If someone dies without a will, then that estate will be deemed intestate. Their assets will be given to the deceased person’s heirs based on their state’s rules of “intestate succession.” If there are assets to be passed down, the chances are high that the estate will go through probate. Learn More
Avoiding Probate in Georgia: What You Need to Know
What is probate, and what can you do to avoid it? This article will provide you with the basics of what probate is - and how you can avoid probate in Georgia. Learn More
About SmithTaire Legal
Your Trusted Legal Partner in Georgia
When searching for a reliable attorney that can help you with estate planning, probate, and personal injury cases, turn to SmithTaire Legal in Lawrenceville, Georgia. Our firm will ensure that you are properly represented and educated. Applying compassion, experience, and resourcefulness to every case we undertake, we are dedicated to your future success. We create a unique experience for each of our clients.
If you need help with creating an estate to protect your loved ones after you are gone, contact your trusted legal partner, the team at SmithTaire Legal.
Schedule an appointment with us today at 678-253-8133 to discuss your situation.