Austell, GA Estate Planning Lawyer
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Between common misconceptions that estate planning is only for the rich and the elderly or making a mistake of putting it off for another day, many people fail to create an estate plan. This in turn provides no protection to everything that they’ve worked hard for, putting loved ones in jeopardy in the event that they pass away or become incapacitated. Tomorrow is never promised so it’s important to start planning for the future now. If you don’t create a plan that dictates how your assets, property and more will be managed and distributed when you’re no longer here, the state of Georgia makes those decisions for you. This also applies if you have minor children, so it’s imperative that you name a legal guardian in your place.
If you live in or around Austell, Georgia, call Fouts Law Group today to schedule a free consultation with our Austell estate planning lawyer. We can help you navigate the journey ahead so you can have peace of mind knowing everything and everyone you love will be taken care of.
What Is Estate Planning?
Many people are unfamiliar with what estate planning is and what it entails. To put it plainly, an estate plan is a legally enforceable document that outlines what will happen to your assets upon your death, or if you were to become incapacitated. It also helps you ensure that the right people received the possessions that you wanted them to have, at the time you wanted them to have them. While most people’s minds drift to a will when it comes to estate planning, there is much more that goes into it. Depending on your unique situation, and your desires for your assets, your estate plan should and most likely will consist of the following:
- A will that details your wishes
- A trust that will shield your assets and transfer them to the right people at the time of your choosing
- Named beneficiaries (who gets what)
- Named guardians for minor children
- Preferences for medical care
- A power of attorney, which give someone the legal right to make decisions regarding your medical care if you become incapacitated
- And more!
It’s important to note that estate planning is not a one size fits all formula. Each plan should be tailored to the client’s unique situation and needs. At Fouts Law Group, we take the time to get to know you and understand your desires, so that we can create a plan that encompasses each one. We can explain your various options and also recommend which might best fit your needs.
Why Do I Need An Estate Plan And Lawyer?
If you get into an accident and suffer an injury that leaves you incapacitated and you cannot make medical decisions for yourself, is your family gonna know what you would’ve wanted? Would they all agree on what you wanted? If you were to pass away suddenly, would they know how your assets were meant to be distributed? The answer to these questions is probably not. Leaving your affairs out of order jeopardizes your possessions and your family. It also leaves room for confusion and uncertainty which can lead to conflict amongst your loved ones during a time where no extra stress is needed.
If you don’t wanna leave your family wondering if they did the right thing by you, you need to take the time to draft an estate plan that clarifies your wishes.
How Fouts Law Group Can Help You
If you want to put experience and knowledge on your side, we can help simplify the estate planning process. Our Austell estate planning lawyer Jeff Fouts has successfully helped clients of all ages, and from all walks of life secure the future of their loved ones by helping them carefully craft a thorough estate plan. Get a free consultation today.
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