Fulton County Estate Planning Lawyers Serving Families Looking to Preserve Their Assets for the Next Generation
Whether you are busy taking the kids for a day at the Georgia Aquarium or exploring the farmer’s market at Piedmont Parkwith your significant other on a Saturday morning, it is easy to let time pass by and forget about important things, such as planning your estate. The truth is nobody likes to think about what happens when they are gone, but by having a solid estate plan in place, you are able to enjoy life even more, knowing that your family will be taken care of no matter what. And nothing should be more important than you and your family’s peace of mind. Our firm offers estate planning solutions for all clients, regardless of income. Call us at our Atlanta location at (404) 436-1752 to see how we can customize a plan for your needs.
Why Should I Have an Estate Plan If I Am Not Wealthy?
Estate planning is not just for the wealthy. In Fulton County, if you die without a will, it will be up to a probate judge to make important decisions regarding the division and distribution of your assets. If you have children who are minors, it will be up to the court to decide who will take care of them. You will leave your estate wide open to taxes and cause needless delays and costs that could have been minimized or avoided simply by having estate plans in place.
Even if you donot have a lot of assets or a high net-worth, you will still benefit from estate planning. The proper estate planning tools and strategies can help protect your assets from creditors, minimize tax liability, and ensure your assets will be divided according to your wishes. Furthermore, estate plans can also include key documents that allow you to record your preferences for medical care in case of temporary or permanent incapacitation. No one plans for a freak accident that leaves them unable to make important medical choices, and a complete estate plan can spare your loved ones from the burden of making such critical decisions on your behalf if a crisis situation should arise.
Is Probate Mandatory in Fulton County, GA?
Just like in the rest of the state of Georgia, Fulton County requires probate for all assets solely owned by the deceased person. It is not uncommon for only part of an estate to be probated, while other assets can be transferred directly to beneficiaries. Still,the entire probate process can take between eight months to a year, depending on the size and complexity of the estate.
At Oren Ross & Associates, we can not only assist families needing probate representation for their loved one’s estate, but also individuals who are looking to keep their assets out of probate by setting up a living trust or a similar probate avoidance strategy. We can walk you through the probate process in Fulton County and assist you at every step of the way—and that includes asking you the right questions so you can plan for the future. Here are a few of the services we offer:
- Estate planning for individuals and families, such as wills, living wills, power of Estate Planning Attorney in Atlanta, and more
- Living trust set-up and administration
- Probate representation
- Special needs trust set-up and management
- Business succession planning
- Personal injury
How Can a Georgia Estate Planning Attorney Help Me?
If you are a Fulton County resident, it is important to understand all the laws and regulations that may affect the value of your estate, such as federal and state taxes. By planning ahead, you are able to devise a complete set of strategies that can help minimize tax liability on your estate assets and even keep your estate private by setting up a trust and avoiding probate. An attorney can help you accomplish all of these steps with ease and confidence.
The same applies for when you need to probate your loved one’s estate. There is no reason why you should try to tackle the often overwhelming and time-consuming task of navigating probate on your own while also grieving for the loss of your loved one. An estate planning attorney can help you avoid costly mistakes and ensure your loved one’s estate gets passed down to the next generation without any undue stress.
Oren Ross & Associates has been assisting countless Fulton County families with all their estate and probate matters. We take pride in serving our clients with professionalism and individualized attention. Our Atlanta office is conveniently located right in the heart of Cumberland, GA, just off of I-75. Give us a call at (404) 436-1752 to see how we can help you.