Planning for the future of your assets can be frustrating, or even overwhelming. Don't try to do it alone. Put an experienced estate planning attorney on your side as you strive to create a comprehensive roadmap for your loved ones.
The centerpiece of an estate plan is a will (often called a last will & testament), or a trust. Though there are different types of trusts, the most common type is the revocable living trust (also called a Living Trust). At Sharline S. Green P.C., I can help you with estate planning in Conyers, Georgia, including creating a will or trust.
A will is a document that states what you want to happen with your assets when you die. A will should name an executor (also called a personal representative) to administer your estate, pay all valid debts of the estate, and distribute the remaining assets to the beneficiaries. A will must also be probated, acknowledged as valid by the court before it can go into effect. A will cannot go into effect until you die.
Another estate planning tool, a revocable living trust is a three-party agreement that has a trustor (you), transferring title and management of your assets to a trustee (usually you during your life), for the benefit of the beneficiaries of the Trust (also you during your life). The trust goes into effect as soon as it is signed, and assets transferred to the Trust can be immediately distributed upon your death.
I know this process can be confusing and complex. My goal is to simplify estate planning for you and your family so that you know where you stand at every stage. Understanding what we're doing and why we're doing it: these things matter. Client education is a top priority at my firm. You deserve to be informed.
If you'd like to learn more about wills and trusts, schedule a free consultation with me in Conyers. I proudly serve individuals and families in Atlanta, Covington, Snellville, Lawrenceville, Greensboro, and the rest of our state.