If you are preparing to create or update your will, it is essential that you know what your will can and cannot do. Here are a few examples. Legal Responsibilities of Marriage Under Georgia law, all spouses and minor children of a decedent are entitled to Year’s Support – money or other assets from […]
Many studies have shown that while the winter holiday season should be the happiest time of year, the divorce rate actually spikes in the months immediately following. Here are some of the reasons why this is the case, as well as the steps you can take to prevent fiduciary disputes from arising in your […]
As we have discussed before, the requirements for a will to be considered valid by the probate court varies from state to state. One of these factors that can change depending on the state is whether or not handwritten/holographic wills are accepted. Sometimes these terms are mistakenly used interchangeably when they actually mean different […]
Earlier this year, Gaslowitz Frankel partners Craig Frankel and Robert Port met virtually for an episode of our Wealth Matters radio show with Tim Curtin of the Curtin Law Firm to discuss everything you wanted to know about will administration and the probate process. During their conversation, Tim, Craig, and Robert provided helpful tips […]
Divorce is a complicated legal process with many financial ramifications. With so many immediate life-changing decisions to negotiate with your former spouse, it’s easy to push long-term planning to the back burner. This may lead to future will, trust, and estate disputes, especially if the marriage ends on less than amicable terms. Here are […]
The days, weeks, and months after the passing of a family member are often trying and turbulent times. Even with planning and preparation, emotional distress can cloud decisions and make the next steps even more difficult. Many people underestimate the procedural requirements for administering an estate. More than just distributing a deceased’s assets to their […]
Like many people, you may need to amend your last will and testament multiple times as your assets, wishes, and personal circumstances change. As long as you are mentally competent, you may change, update, or completely revoke your will at any time. Testators who want to make significant changes can revoke their existing will and […]
There are few things in this life as emotionally exhausting as a divorce. Not only are you grieving an ended marriage, but you are immediately tasked with a pile of paperwork to review and sign. Between bank statements, proof of income, mortgage statements, tax returns, retirement account statements, and more, it’s easy to feel like […]
A family office is a wealth management and advisory organization that assumes the daily administration and management of a family’s (or multiple families’) affairs, primarily for high net worth individuals and families with complex financial needs and objectives. Who Needs a Family Office? Families or individuals who require the services of a family office typically […]
“Executor” refers to any person or institution that has been appointed to administer an estate. Executors, like other fiduciaries, are entrusted to act responsibly and with integrity. Selecting an executor can be quite overwhelming. In a recent episode of our Wealth Matters Radio Show, Gaslowitz Frankel partners Adam Gaslowitz, Craig Frankel, and Robert Port discussed […]
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