James Miskell, Attorney at Law

The largest obstacle to effective estate planning is procrastination. Sitting down to prepare a Last Will and Testament is not at the top of anyone’s “this is a fun thing to do” list. Yet death, like taxes is a certainty.

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James Miskell, Attorney at Law

If the distribution of your property is important to you, you can use a will or a trust to give instructions about who gets what when you die. If you die without a properly executed estate plan, state law will determine how the probate court will divide and distribute the things you own. Of course, the state of Georgia’s estate plan won’t take your particular wishes into account. So, most people prefer to put their own plan into place. 

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James Miskell, Attorney at Law

The numbers vary somewhat from survey to survey, but each new study that is released reveals that large numbers of Americans do not have a will. Not having a will is shorthand for not having any estate planning in place.

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James Miskell, Attorney at Law

Many accounts, like retirement and investment accounts, allow you to designate the beneficiaries of the account upon your death.  It’s a convenient way to distribute these accounts, and typically you make the selection when you open the account. 

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Jim Miskell

To begin planning your estate is to think through the intricacies of your life, to think about your values and your family.  But there is nitty-gritty you might be overlooking: the financial, the legal, and the shared understandings.  Make time to consider what you might be overlooking before planning in earnest. 

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