Disinheritance by a family member can be a bitter experience. For an individual who is disinherited in Georgia, they are often viewed as estranged from their family. However, disinheritance is not always caused by bitterness, and is sometimes seen by parents or spouses as a reasonable solution to a unique circumstance. In most cases, however, […]
For many people, pets are considered to be part of the family. So, it’s not surprising that family pets are often considered in estate planning. Allocating pet trust funds, especially for expensive animals like horses, ensures they are properly cared for after the owner’s passing. Headlines reading “World’s Richest Cat” are certainly compelling. However, in […]
The easiest way to quickly move your assets through probate and avoid disputes between your inheritors is to make sure your estate plan covers all of your assets.. Naturally, this requires drafting a will and keeping it updated. But there are many other aspects of estate planning that you should consider. A complete and […]
Having a financial plan for and educating your family is generally the best way to assure that your family will be able to sustain its wealth. But less than ten percent of families are able to sustain their wealth through the fourth generation. In our latest “Wealth Matters” episode, we sat down with two special […]
Gaslowitz Frankel LLC is proud to announce that the firm has been recognized in the U.S. News and World Report’s “Best Law Firms” list in 2022 as a regional leader, Tier One, for Litigation — Trusts & Estates. This honor is awarded to law firms across the country who have undergone an extensive collection of […]
There are many things to consider when looking for a fiduciary to help you grow and sustain your wealth. You want a person with integrity, interpersonal skills. But what else should you consider? Selecting a fiduciary is not something that should be done lightly. Here are some recommendations for the qualities to look for in […]
“Funding” a living trust refers to the process of transferring the ownership of assets from yourself to your trust. When this occurs, the assets are no longer titled to you, individually, but to your trust in care of your trustee. Funding a living trust can be quite complicated as different assets have different processes for […]
After a trust is initially created, it’s important to manage and, if the trust is revokable, to update it as significant life events occur. From graduating, getting married, having kids, and grieving the passing of loved ones, there are various stages throughout our lives when a trust should be revisited to ensure all information and […]
Creating your estate plan isn’t easy. You have to think two steps ahead about how the end of your life will affect your spouse, your kids, and the rest of your family. If you think planning is challenging, telling your heirs about the designations you made in your estate plan can be even more uncomfortable. There […]
Business partnerships can provide great value, allowing each partner to bring their own experience and expertise to the table and dividing up the workload to keep it all from falling on one person’s shoulders. But what happens if your relationship with your business partner goes south due to a breach of contract? Learn the various […]
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