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June 2016 Archives

Estate administration & probate can be traumatic for heirs

The loss of Prince is still being portrayed by reporters in Georgia and nationwide as a stark example of how a private person's estate can be turned into a circus of chaos, open to public view by one and all. However, it didn't have to be that way. The options available to Prince were varied and capable of making his post-death period as private and respectful as he would have wanted. Instead, the challenges to the estate administration & probate procedure became at least a partial distraction to the man's life of incredible artistic accomplishments.  

Estate administration & probate can be avoided through planning

Although a will is thought of as the basic anchor of an estate plan, there are alternative methods of disposing of one's assets that may, in some instances, dispense of the need for a will. In Georgia and all other jurisdictions, if all of a person's assets have already been designated for automatic distribution at death, then there may be no need for estate administration & probate of a will at death. It is, nonetheless, still preferable for a person to include a will in an estate plan, just in case assets with no pre-designations are in the testator's name at the time of his or her death.

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191 Peachtree Street NE, Suite 4400
Atlanta, GA 30303
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