Estate Planning in Cumming
Estate Planning
Georgia Estate Planning
Estate Planning in Cumming
Estate Planning in Cumming
Our Estate Planning Process & Services
Initial Consultation: We begin with a personalized consultation to understand your specific needs, family dynamics, and financial situation. This helps us craft a plan that aligns with your goals and values.
Document Preparation: We prepare essential estate planning documents, including:
- Last Will and Testament: To dictate how your assets will be distributed upon your death, specify final arrangements, and, if needed, to appoint guardians for minor children.
- Durable Power of Attorney: To designate someone to make financial and legal decisions on your behalf if you are unavailable or become incapacitated.
- Georgia Advance Directive for Health Care: To outline your wishes regarding medical treatment, and to appoint a healthcare proxy to make decisions on your behalf.
- HIPAA Release: To give permission for your protected health information to be shared with specific people.
To address your unique circumstances and goals, we may also prepare one or more of the following legal instruments to include in your Estate Plan:
- Transfer-on-Death Deed: To transfer your home, upon your passing, to your loved ones without the need for probate.
- Revocable Trust: To transfer your assets, upon your passing, to your loved ones without the need for probate, and to provide detailed instructions on how your assets are to be managed during your lifetime and upon your death.
- Irrevocable Trust: To protect your assets by allowing them to be treated as a separate entity, and to provide detailed instructions on how your assets are to be administered during your lifetime and upon your death.
- Business Succession Plan: To dictate how your business will be sustained in the event of your incapacity or upon your death.
Review: We take time to review each of your documents with you, and we answer any questions you may have to ensure each document accurately reflects your wishes.
Implementation: We assist in the proper execution of your estate planning documents, ensuring they are legally binding, and we provide you with instructions for any additional steps you may need to take.
Probate Guidance: We provide a free 30-minute consultation to the named executor of your estate upon your passing.Â
Benefits of Estate Planning
Investing in estate planning provides you with numerous benefits, including:Â
- Peace of Mind: Knowing that your affairs are in order and your loved ones will be taken care of provides invaluable peace of mind.
- Control Over Asset Distribution: Estate planning allows you to specify how and when your assets will be distributed, reducing the potential for disputes among heirs and beneficiaries.
- Minimize Estate Taxes: Effective planning can help minimize estate taxes, allowing more of your wealth to be preserved for your beneficiaries.
- Protection for Minor Children: You can designate guardians for your children, so they may be cared for by someone you trust.
- Avoidance of Probate: Certain estate planning tools, like trusts, can help your estate avoid the lengthy and costly probate process.
Wheat Law’s estate planning in cumming services provides comprehensive estate planning in Cumming to ensure your assets are protected and your wishes are honored with estate planning in Cumming. Learn more about estate planning in Cumming to do estate planning in Cumming.
FAQs
Why do I Need a Will?
What is a Trust, and How Does it Differ from a Will?
How Often Should I Update My Estate Plan?
Let our legal expertise provide you with answers and options. Call (770) 404-5770 or email info@wheat-law.com to schedule a consultation today. Our office is conveniently located in Cumming, just a few minutes away from Gainesville, Milton, Alpharetta, Sugar Hill and Suwanee.Â