Financial disputes and stress are a leading cause of divorce, and studies show that “financial well-being, financial disagreements, and perceptions of financial inequity are associated with the likelihood of divorce.” If couples sign a prenuptial agreement before getting married, then money conflicts during divorce may be promptly solved. However, if this is not the case, […]
The transition period between marriage and divorce poses particular challenges regarding trusts and wills. A recently divorced spouse, or a couple in the midst of divorce proceedings, may wonder what rights they have to their spouse’s estate. The status of divorce proceedings matters for probate assets. Can I Remain a Beneficiary or Fiduciary If My […]
As the premier litigation attorneys for the state of Georgia, we have firsthand experience helping families resolve conflict. In the latest “Wealth Matters” radio show, Gaslowitz Frankel partners Adam Gaslowitz, Craig Frankel, and Robert Port hosted a roundtable discussion on how to avoid family disputes regarding money, estates, and businesses. What Are Some of the […]
More often than not, a home is the most valuable asset in an estate. It follows that many people want to pass their home down to their children. However, a home is a difficult thing for siblings to share unless they plan to live in the home together. Further, adult children may have their own […]
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, […]
Fiduciary duties are legally imposed standards to which fiduciaries must adhere. The range of standards is wide and can be specified depending on the type of fiduciary relationship that exists between a representative and his representee. However, these standards can typically be broken into one of two categories: the duty of care and the fiduciary […]
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 […]
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 […]
When you are in the middle of working through the process to make sure your divorce is finalized properly, it’s easy to become overwhelmed. Between the emotional turmoil of ending your marriage, navigating new living plans for your children, coordinating the division of assets, filling out paperwork, hiring divorce attorneys, and everything in between, it’s […]
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