Estate Planning Attorneys in Georgia Providing the Building Blocks for Your Future
Securing your estate is one of the most important steps when planning for the future. Estate planning involves building a comprehensive plan that outlines how your assets and property will be distributed upon death or incapacitation. It also ensures that debts are paid off orderly, preventing disputes between family members over who should receive what during probate administration.
At Lunn Law LLC, our experienced estate planning attorneys have provided clients personalized estate plans for almost two decades. Our team of Georgia-based lawyers has extensive knowledge and experience in creating effective wills, trusts, guardianships, healthcare directives, and more. We understand that every client’s situation is unique and requires special attention. Therefore we provide thorough legal advice on all aspects of the estate planning process so you can make informed decisions about your future security.
We ensure that our clients’ estates are protected from potential liabilities while maximizing their financial gains after they pass away or become incapacitated due to illness or injury. We aim to help create an effective plan for now and secure the legacy you leave behind by minimizing taxation costs and avoiding probate court proceedings wherever possible. With decades of experience negotiating and settling estates, we can handle your assets carefully. Whether you want to create a new plan or update one, call 770-933-3825 for your estate planning consultation!
What Goes Into an Ideal Estate Plan?
A well-constructed plan should include estate planning documents outlining how your assets and property will be distributed upon death. These documents typically include a Last Will & Testament, durable power of attorney, healthcare directive, living trust, and guardianship agreements for minor children if necessary. A named executor or administrator takes over when someone dies and can name beneficiaries as assigned.
Additionally, we can help you develop tax burden-reduction strategies to minimize estate taxes paid. This includes creating irrevocable trusts and leveraging insurance policies such as life insurance or annuities to reduce liabilities for estate transfer taxes and income taxes. Don’t let a dispute with a spouse or family member slow your estate matter down. Whether you need help organizing investments, outlining medical care, constructing an inheritance, or naming beneficiaries, an estate planning lawyer can keep you out of litigation.
At Lunn Law LLC, our estate planning attorneys are committed to helping our clients create a comprehensive and effective plan for the future. We provide legal advice on all aspects of estate planning throughout Georgia, including Jonesboro and Fayetteville.
Why is a Last Will and Testament So Important?
Estate planning is important to protect you and your loved ones’ financial future. Guaranteeing that your assets are divided according to your wishes can be difficult without a will. At Lunn Law LLC, our experienced estate planning lawyers provide comprehensive advice to individuals seeking secure asset protection plans. We understand the importance of carefully crafting a plan that reflects the desires of our clients as well as their financial stability.
A will is the foundation of any successful estate plan. Our lawyers work with clients to craft personalized wills that cover every possible scenario in life. Whether you need basic provisions for asset distribution or more complex settlement guidelines, our attorneys can help you create a plan that meets all your needs. With a valid will, you feel secure knowing your wishes will be fulfilled in life’s unpredictable plan.
In addition to creating wills, our lawyers also provide guidance on living trusts, irrevocable trusts, and other forms of long-term asset protection tools. Living trusts allow you to control how assets pass after death without going through probate court proceedings. Irrevocable trusts and similar documents enable you to protect wealth from creditors and taxation while still passing on wealth to heirs outside of probate proceedings.
We understand how important estate planning is in securing the future for yourself and your family members. Our experienced attorneys are here to help create custom plans while providing peace of mind knowing essential decisions have been taken care of in advance. Schedule an appointment today and create the best strategy for protecting your legacy!
What are Trusts, and Which is Right for Me?
Estate planning is a complex process that requires the assistance of knowledgeable attorneys. Choosing the right kind of trust to protect your assets is important. An estate planning attorney from our firm can help you decide which type of trust best suits your needs.
A trust is a legally binding contract between you, the “grantor” or creator of the trust, and another person or company called the “trustee,” who controls and manages the assets held in the trust. The trustee must manage those assets according to your instructions, specified in a written document called a trust agreement.
The most common types of trusts include living trusts, revocable living trusts, irrevocable trusts, and charitable trusts. Our attorneys can help you decide which trust is right for you depending on your situation.
Living trusts are set up to provide for the management of assets while the grantor is alive and after death. Revocable living trusts allow the grantor to change the arrangements during their lifetime. Any assets in a revocable living trust remain subject to creditors’ claims against the grantor. An irrevocable trust removes all control over the assets from its creator, making them legally inaccessible to creditors or other claimants. Charitable trusts are created with charitable organizations as beneficiaries and can provide tax breaks and other advantages while allowing donors to retain some control over how donations are used.
Can I Make Modifications to an Estate Plan?
At Lunn Law LLC, we recognize that life is constantly changing, and estate plans must be modified to reflect those changes. Our knowledgeable attorneys are experienced in working with clients to modify existing estate plans. We can help you make amendments to wills or trusts, alter beneficiary selections, or transfer ownership of assets.
We also advise on crucial steps, such as ensuring beneficiaries have the appropriate documents needed for death claims and insurance benefits payout. Our lawyers can assist individuals who want to make modifications due to a change in marital status, the birth of a child or grandchild, changes in tax laws, or other circumstances resulting from life’s unpredictable plan.
When protecting your legacy and providing for loved ones, the estate planning attorneys at Lunn Law LLC have you covered. We provide comprehensive advice on all aspects of estate planning throughout Georgia. Contact us today at 770-933-3825 to schedule a consultation with one of our experienced lawyers.