Estate planning is an essential component of life, no matter the stage you find yourself in. Young adults and seniors alike can benefit from services provided by Fouts Law Group, LLC. An estate plan will address your end of life issues, make sure your wishes are carried out and ensure your family is taken care of. We can assist you with creating the right plan.
Whether you are creating your first plan or updating one that is already in place, our Ellijay estate planning attorneys can provide you with personalized assistance tailored to meet your wants and needs. We are happy to provide you with more information about how we can guide you through the estate planning process. Call our office at (678) 242-8344. We will work with you, discussing your goals and creating an estate plan that is unique to your situation. We can also answer questions you may have, including:
- Does everyone need an estate plan?
- What should I include in my estate plan?
- How can an Ellijay estate planning attorney help?
Does Everyone Need an Estate Plan?
Any person who is concerned about what will happen to their assets and their families after they pass away needs an estate plan. Any person who has specific wishes as to their medical care at the end of their life also needs such a plan.
Many people believe that an estate plan is only for senior citizens. While it is certainly more common for seniors to create these plans, people of any age can benefit. Unfortunately, people can pass away at any time. You don’t need to be a senior citizen to protect your assets. People also believe that estate plans consist only of a will. The truth is that a last will and testament may only be one component of an estate plan.
If you want your family to be spared any difficult choices that result in the face of a medical emergency, you need an estate plan. You also need a plan if you want to be sure a certain person retains guardianship of a minor child, provides for a disabled loved one or determines how your assets will be divided and transferred in the event of your passing.
When you don’t have an estate plan, Georgia law will take over. You don’t want the government deciding some of the most important aspects of the lives of your family. By the time you realize you need an estate plan, it could be too late. Don’t let that be the situation you find yourself in. Get appropriate legal assistance today to begin creating your estate plan.
What Should I Include In My Estate Plan?
There are various components of an estate plan. These components may include:
- A Last Will and Testament
- Revocable Living Trust
- Health Care Power of Attorney
- Financial Power of Attorney
- Divorce Protection
- Remarriage Protection
- IRA and 401(k) Retirement Plans
- Retirement Plan Protection
- Grandchild Protection
It is important that you understand what each of these things is, and why you made need to make them part of your estate plan. You need to make an informed decision when it comes to your estate plan, and you also need to make sure that you are in compliance with all legal requirements when creating your plans. This is why obtaining experienced legal assistance is so important. If you don’t fill out and file your forms correctly, they will be meaningless.
When you work with an estate planning attorney, your lawyer can provide you with the assistance you need. A lawyer can assist you in identifying each component that you may need in your estate plan and help you achieve your goals. A lawyer can also take care of the technical details for you, ensuring that each component of your estate plan will be enforceable.
How Can an Ellijay Estate Planning Attorney Help?
Fouts Law Group, LLC is experienced in creating estate plans for a variety of people. We know how to create a comprehensive estate plan that will meet your goals. No matter your age, life situation or desires for the future, we are here for you. Let us help you make the most effective use of the legal tools available to you as a resident of Georgia.
To discover more about how an Ellijay estate planning attorney can help you protect yourself and your loved ones, call us at (678) 242-8344 or reach out to us online.
