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Estate Planning FAQ For A Secure Future

At Hodges Law Firm, LLC, we recognize the importance of safeguarding the wealth and security that you have worked so hard to establish. While you are trying to protect what you have earned, you likely have questions along the way. While we help you through your estate planning needs, we also want to take a moment to answer some of your initial questions here.

Your Estate Planning Questions Answered

Navigating the intricacies of estate planning can be straightforward with the right guidance. Below, we’ve addressed some frequently asked questions that reflect the concerns of people throughout Georgia who, like you, are dedicated to preserving their financial legacy.

Who can benefit from estate planning?

Despite common opinion, everyone can benefit from estate planning, regardless of income. Through proper planning, you can help your beneficiaries avoid certain tax liabilities, ensure they promptly receive their assets and reduce the opportunities for others to contest your wishes.

How can I ensure my estate plan reflects my wishes?

The best thing you can do to defend your wishes is consult with an estate planning lawyer. When we help clients with their estate planning, we craft a plan that is custom-tailored to their unique needs. We take the time to learn about their personal goals and expectations before presenting them with options that can help them with matters like asset distribution, dependent care, and personal values.

What documents should be included in my estate plan?

Every estate plan is unique, and so will be the documents that you need in your estate plan. However, we can help you create whatever documents are necessary to protect your wishes, including a will, one or more trusts, a power of attorney, a healthcare directive, and up-to-date beneficiary designations.

How often should I update my estate plan?

If you already have an estate plan, it is best to review it every three to five years to make sure your plan reflects your current feelings and wishes. Additionally, you should always update your plan after major life events like marriage, divorce, the arrival of new family members or substantial financial changes.

Start Your Estate Planning Journey Today

If you have more questions about estate planning or you are ready to get started with creating or updating a plan, contact our Cumming office today. Call us at 678-608-1746 or email us here to schedule your initial consultation today.