What To Include In An Estate Plan

Estate planning is often forgotten or ignored, as many people do not believe they need one. The reality is, unexpected events can happen and creating an estate plan at any point in life is assurance that you know what would happen to your assets and family.

Many components can be built into an estate plan based on your needs. Some of the most essential components are:

Wills

A will is the most basic estate planning document. It allows you to decide how your property and assets will be distributed and who will receive them. It also lets you choose a guardian for your children in the event that you become incapacitated or unexpectedly pass away.

Trusts

A trust allows certain assets to be distributed without going through probate. You choose a beneficiary who becomes the owner of the trust when you pass away.

Power Of Attorney

A power of attorney is someone you designate to make important decisions for you if you cannot do so. For example, if you were injured and incapacitated, the person you designated would have the authority to make financial or health care decisions on your behalf.

Other Services We Offer

Every estate plan will be unique, as everyone's assets and wishes are different. Alfred Fargione is an experienced lawyer who will build a custom plan with you.

We also administer the probate process after families have lost a loved one. In addition, if a will or trust is contested, we assist with the resolution process.

As you acquire new assets or your life changes, your estate plan should change to match this. We can update an existing plan to incorporate these changes.

For a free consultation to discuss your plan, you can email us or call 706-510-2802. We have offered professional services and advice to Georgia families for years. We are located in Athens and we work throughout the surrounding metro area.