NFA Gun Trusts
Written by: Wills, Trusts & Estate Administration Under the National Firearms Act (“NFA”), there are 6 classes of weapons that are much more heavily regulated than traditional firearms (‘traditional’ firearms being: revolvers, semi
Why You Should Not Name Your Children (and Maybe Not Even Young Adult Children) as Direct or Contingent Beneficiaries on Life Insurance IRAs and Other Accounts
Written by: Wills, Trusts, & Estate Administration You wonder if you read that correctly, don’t you? It probably seems like a no-brainer, naming your spouse as primary beneficiary and your children as secondary or contingent benefici
FLASH ALERT – Proposed Federal Estate Tax Law Changes (the sky may really be falling…)
Written by: Wills, Trusts, & Estate Administration Politics aside, we all knew we would see legislation proposed to increase the estate tax and block certain planning strategies, both because Democrats control the Presidency along with the H
Estate Planning And The 2020 Election: Ten Planning Considerations
Written by: Wills, Trusts, & Estate Administration Apologies for the longer than usual article…. The 2020 presidential election is in the books. (Or is it)? Whether it is or isn’t, let’s look at some important planning consideratio
Why Everyone Needs a Will—Dispelling Some Common Misperceptions
Written by: Wills, Trusts, & Estate Administration Everyone needs a Will. This is really not an overstatement, whether you own very few assets or have assets worth tens of millions of dollars. A Will makes things easier upon your loved o
The Basics of Probate and Estate Administration
Written by: Wills, Trusts, & Estate Administration I. In General. Probate is generally a relatively simple process in Georgia and Alabama, if you have a valid Will. It is much less of a hassle to administer an estate under a Will, and your
Estate Planning, Now as Much as Ever: Estate & Financial Planning Steps You Should Take
Written by: Wills, Trusts, & Estate Administration With the current coronavirus pandemic, what planning steps should you be taking? From an estate planning attorney’s perspective, it is actually business as usual, but perhaps with an added
What Every Parent of College Aged Children Needs to Know: Essential Estate & Financial Planning Documents for your Children
Written by: Wills, Trusts, & Estate Administration As parents, we always have our children’s best interests at the forefront of our minds. And we usually try to do anything we can for our children. However, many might take for granted
Divorced? Don’t Forget to Update Your Estate Plan!
Written by: Wills, Trusts, & Estate Administration In the stress and aftermath of a divorce, whether amicable or contested, an often overlooked topic is the importance of promptly updating one’s estate plan. Failure to do so can lead to
UTMA CUSTODIAL ACCOUNTS…(AND UTMA REMORSE!): Transferring a UTMA account to a trust
Written by: Wills, Trusts, & Estate Administration The Uniform Transfers to Minors Act (“UTMA” or the “Act”) of each state provides for the management, use and disposition of property gifted or otherwise transferred to a minor. The p