Some Important Issues to Consider With a Financial Power of Attorney

Preparing for the vast array of circumstances that the future could hold can be a daunting task, and most of us recognize the need to name someone to handle our affairs and decisions if we become ill or incapacitated. However, many older Americans are increasingly concerned about the potential dangers of granting such power to another individual, and rightfully so. What is a Financial Power of Attorney? A financial power of attorney is a legal document that allows you to name one or mor...
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Avoiding Family Chaos: Why Your Adult Children Need Wills, Too

When a family member dies suddenly, it creates chaos in nearly every family. More often than not, disputes over property and money only intensify the grief everyone is already suffering. As older adults, it’s likely that we’ve taken steps to minimize that risk, such as maintaining an up-to-date will and setting up a family trust. However, have your adult children done the same? For younger adults, the time for needing a will can feel like a hundred years away, but for older adults, we’re ...
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Facing Your Financial Fears: Will & Estate Support for Women Over 50

If something were to happen to your spouse, do you know what assets and liabilities you have? For many women in the Baby Boomer Generation, the terrifying yet all too common answer is “no.” Oftentimes, couples write the first version of their will when they are starting a family and then revise it a decade or two later as the children grow. However, it’s common for husbands to take the lead in these revisions. Despite the good intentions, this scenario leaves many wives with a minimal underst...
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Leaving Assets to Underage Beneficiaries

Every parent wants to make sure their children will be taken care of if the unthinkable were to happen, and many grandparents or other family members often want their wills to include bequests to the younger generations in the family. However, there are special issues to consider when leaving assets to minors. Good intentions with poor planning rarely end with the desired results. Assets for Minor Children When planning for your children’s future, it’s important to consider what would happ...
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Disinheriting a Child From Your Estate

While Hollywood has glamorized disinheriting a child or grandchild, the decision to exclude someone from your will is quite complicated and emotional. There are four common reasons for removing an heir from your will: A pattern of behavior indicates the inheritance will be misused and/or cause added risk to the beneficiary’s life (for example, providing money for someone with significant drug or alcohol addiction). A split occurred and there is no longer a positive relationship, nor ...
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Gaslowitz Frankel Attorneys Act As Counsel in Recent Georgia Supreme Court Case

Craig Frankel and LeAnne Gilbert were counsel in a recent Georgia Supreme Court case that will have significant impact on trust and domestic relations law in Georgia. Gibson v. Gibson, No. S17F0593 (GA. June 5, 2017) confirmed that spouses are in a confidential relationship that imposes substantial fiduciary duties on each spouse in both financial and trust matters.  The Court also found that Georgia fraudulent conveyance law applies to spouses in Georgia. Finally, the Court held that tran...
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Best Lawyers in America© Recognizes Gaslowitz Frankel Founding Partners

Gaslowitz Frankel LLC is proud to announce that partners Adam Gaslowitz and Craig Frankel have been selected for inclusion in The Best Lawyers in America© 2018 for the specialty of Litigation – Trust and Estates. This prestigious recognition is based entirely on a peer-review with the goal of understanding the professional abilities of colleagues within the same geographical and legal practice areas. This is the 10th and 6th year respectively that Mr. Gaslowitz and Mr. Frankel have been recogniz...
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Craig Frankel Named 2018 Atlanta Trust & Estates Lawyer of the Year

Gaslowitz Frankel LLC is proud to announce that founding partner Craig Frankel has been selected by his peers as the 2018 Atlanta Litigation - Trusts and Estates "Lawyer of the Year".   Best Lawyers® features the top legal talent from law firms around the world. Only a single lawyer in each practice area and community is honored with a "Lawyer of the Year" award.   “It is truly an honor to be selected by my peers with this prestigious recognition. I share this award with th...
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4 Signs That Your Family May Fight Over Your Estate

The loss of a loved one is often one of the most trying times you will experience in your life. From making funeral arrangements and navigating through the stages of grief to managing and settling the estate, it is easy for disputes to arise between family members. Fortunately, a majority of the disputes can be resolved amicably. To do so, it is essential to identify strategies to keep the peace in your family without the added worry of conflict among your heirs. Here are some warning signs t...
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Gaslowitz Frankel Partner Robert Port Presents Fiduciary Webinar on June 27th

Gaslowitz Frankel Partner Robert C. Port will participate in a Stafford Live CLE webinar alongside two other esteemed litigators focusing on breach of fiduciary claims against trustees of closely held business assets. The June 27th webinar, which will air live at 1 p.m. EDT, will provide estate planning counsel, fiduciary advisors, and litigators with a thorough and practical guide to pursuing and defending breach of fiduciary duty claims against trustees whose trusts have significant or cont...
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