Austell, GA Wills & Trusts Lawyer
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Even though people know that creating a will and trust is an important thing to do, they still put it off. Misconceptions that these tools are only for the elderly or rich often lead people to believe that creating these documents is unnecessary, or something they can do another day. However, tomorrow is never guaranteed, and creating a will and trust is in the best interest of anyone who owns assets or has minor children.
Being proactive about creating these tools is crucial if you want to protect your assets and prevent your loved ones from financial jeopardy in the event that you become incapacitated or pass away. Don’t save this task for another day! Call Fouts Law Group today to schedule a free consultation with our Austell wills & trusts lawyer to learn about your options.
If you become incapacitated or pass away unexpectedly, a will and trust are documents that clarify your wishes for your assets, property, and minor children (if you have them). While it might feel silly to plan for these things when you’re in good health, or it seems like there is plenty of time ahead, doing it now can ensure that your family is taken care of according to your wishes. The unexpected takes people tragically by surprise all too often. If you don’t create these documents that name beneficiaries and trustees, and something happens to you, the state of Georgia will do it for you. This can lead to your hard-earned money ending up in the wrong hands, or worse, your children ending up under the care of someone you don’t know or trust.
You should also know that creating a will alone won’t shield your assets from the probate process (a Georgia court process that holds your assets and distributes them to your family members with the supervision of the state, and that is tedious and expensive) if you don’t also create a trust. Probate can be a lengthy and complicated issue to deal with when your loved ones are already grieving you.
Why Should You Work With A Lawyer?
Though these tools are common, they can be complex to understand and create. That’s why it is paramount to seek professional guidance when it comes to a will and trust so that you can fully understand your options and ensure no mistakes are made. We can assist you with creating a will and trust that legally solidifies your desires for when you pass on or if you become incapacitated.
Since your Google searches brought you here, you likely also stumbled across DIY (Do-It-Yourself) will and trust templates online. Though these documents may be more cost-efficient and convenient to create, they usually lack the proper legal language needed to make them legally compliant, and they aren’t customized to your unique needs. Using a DIY template could be as ineffective as not making a will and trust in the first place. Working with our seasoned Austel wills & trusts lawyer can help you stay compliant with Georgia’s estate laws and create a will and trust that will preserve your legacy.
What Are Your Options?
There are several types of wills and trusts that you can choose from, but our skilled attorney will get to know you and understand your goals for your assets so that they can recommend which kind of will and trust will be best suited to your needs. Some examples of the different kinds include but are not limited to the following:
- Living will – Clarifies your wishes for end-of-life medical care.
- Simple will – Allows you to designate who you want to leave property and assets to, as well as who you’d like to name as a guardian for your minor children.
- Joint will – One will, signed by two people (usually married) and designates the surviving spouse as the sole beneficiary.
- Pour-over will – Transfers all assets inside a will into a trust at the time of death.
- Revocable trust – A flexible trust that can be altered at any point in time.
- Irrevocable trust – A trust that cannot be changed once set up.
- Special needs trust – Designed to provide for disabled individuals in order to maintain government benefits.
Call Fouts Law Group Today!
Save your family from the hassle of probate; start planning today! Call Fouts Law Group to schedule a free consultation to learn about your next steps.
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