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Estate Administration & Probate Archives

Planning dictates estate administration

When a Georgia resident dies without leaving some documented instructions regarding the disposition of his or her estate, surviving family members could encounter difficulties when it comes to the probate process. This happens more often than people realize because over half of the country's population does not even have a will. An individual's planning -- or lack thereof -- dictates how estate administration proceeds, so it may be beneficial to consider what kinds of challenges are left for family members after death.

A will could simplify estate administration for family members

Most Georgia residents have heard that they need a will, yet only about 50 percent of Americans have one. Reasons for this vary, but some of the most popular seem to be that individuals do not want to discuss their own demise, have not found the time or believe that they are too young to worry about it. The problem is that no one knows exactly when he or she may pass away, and leaving family members without some instructions regarding the distribution of property could unnecessarily complicate the estate administration process.

Including certain things in a will could complicate probate

That statement may seem contrary to what most Georgia residents hear when it comes to estate planning. However, there are certain issues and assets that should not be covered in a last will and testament. Doing so would more than likely cause unnecessary complications to the probate process.

Prepare for probate even if under the age of 40

Many people in Georgia may still be under the impression that estate planning is not really necessary until at least the age of 40. The truth is that any adult could benefit from estate planning since anything can happen to anyone at any time. Without any estate planning at all, the probate process becomes more of a challenge to the loved ones left behind.

Preparing for estate administration with no obvious heirs

Just because a Georgia resident does not have a spouse or children does not mean that estate planning can be skipped. In fact, some would say that the need is more urgent. Without any immediate family to inherit an individual's assets, they could end up with the state if no other heirs can be found. Someone would need to handle the estate administration regardless of whether a will exists, and that person's job becomes more of a challenge. 

Another step to make estate administration easier on family

Even when a Georgia resident is well-known by his or her family members, understanding the thinking behind certain decisions may not be easy. Wills are designed to pass on assets, reduce taxes and achieve other wishes of the testator. However, family members often need more guidance in order to get through estate administration.

What happens to debts during estate administration and probate

Georgia residents appointed as executors in the wills of their loved ones may be under the impression that their duty is just to distribute the assets of the estate. Unfortunately, that perception is incorrect. Many other duties are required of executors during estate administration and probate, including settling the decedent's debts.

Beneficiary designations, estate administration and probate

Creating a plan for providing for loved ones after death requires making numerous decisions. One of the considerations many Georgia residents have is how to reduce the time, money and effort those left behind spend in and on estate administration and probate. One way to do that could be through beneficiary designations.

Avoiding estate administration and probate

The goal of many Georgia residents is to avoid making their families wait to receive their inheritances. Most often, this is done by creating an estate plan that bypasses estate administration and probate. Several estate-planning tools help in this endeavor.

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191 Peachtree Street NE, Suite 4400
Atlanta, GA 30303
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