2024-04-15 19:56
Probate, the legal process of settling a deceased person’s estate, is often perceived as a necessary but burdensome step in the estate administration process. In Georgia, as in many ot… Read More
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Estate Planning Lawyer By Tim Hurban Blog
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Young families face different estate planning needs and challenges than those who have had a long life behind them. While established families may be concerned about what will happen to their family when they pass on, young, growing families can be more focused on what is happening to their family in the present. And you even may find it hard to justify planning for an “estate†you haven’t yet established!
2024-04-02 11:51
As April blossoms in Georgia, it’s an ideal time for self-employed individuals across the state to give careful thought to their estate planning strategies. Being self-employed in Geor… Read More
2024-03-06 16:49
It’s important to consider how to protect your real estate investment and ensure a smooth move for your loved ones in the future. One strategic move that homebuyers in Georgia often ov… Read More
2024-02-02 18:58
As February 2024 unfolds with expressions of love and compassion, it’s an important time to extend that sentiment into areas often left unexplored. End-of-life planning or Estate Plann… Read More
2024-01-12 20:04
In the evolving landscape of Estate Planning, the advent of electronic wills has sparked interest and debate. However, it’s important to note that, as of 2024, the state of Georgia doe… Read More
2023-12-08 21:10
As we step into 2024, the Corporate Transparency Act (CTA) takes center stage, promising a significant transformation in how corporate entities operate and disclose information. This landmar… Read More
2023-11-24 16:57
Exploring steps on how to secure your family’s financial future next year 2024 and beyond requires an effective roadmap that aligns with the ever-evolving landscape of Estate Planning… Read More
2023-11-10 15:04
Estate Planning is an important aspect of financial management that ensures your assets are distributed according to your wishes after you pass away or become incapacitated. One term that of… Read More
2023-09-22 18:50
The passing of a loved one is undoubtedly a difficult time for family and friends. When someone dies, it’s important to have a plan in place to make sure their assets and estate are ha… Read More
2023-09-15 15:37
Marriage is not only a union of two hearts but also a merger of finances and assets. For couples in Georgia, like anywhere else, addressing financial matters and securing your future togethe… Read More
2023-09-08 16:21
Inheriting property or assets can be a bittersweet experience. While it often signifies the passing of a loved one, it can also bring about financial responsibilities and legal requirements… Read More
2023-09-01 17:10
Estate planning isn’t just about drafting wills or creating trusts. It’s also about ensuring that your financial assets are well taken care of, even after you pass. Let’s e… Read More
2023-08-25 19:21
In the realm of financial planning, safeguarding your hard-earned wealth is paramount. One effective strategy that offers a multitude of benefits is the establishment of a trust. Trusts are… Read More
2023-08-18 17:28
Testament trusts, often referred to as “trusts under will” or “testamentary trusts,” are a common tool in estate planning. They come into effect after the grantor&rsq&hell…Read More
2023-08-11 15:51
Estate planning isn’t just about distributing assets as it’s about ensuring your wishes are carried out after you pass, without unnecessary legal complexities. One of the primary… Read More
2023-08-04 18:42
Estate planning involves making important decisions about how your assets will be distributed after your passing. Two common estate planning tools are trusts and wills. Many people wonder wh… Read More
2023-07-28 18:06
Estate planning is a critical process that ensures your assets are distributed according to your wishes after you pass away. In Georgia, understanding the distinction between joint and separ… Read More
2023-07-21 17:37
Estate planning is often perceived as a task for older individuals, but the truth is, it’s never too early to start planning for your future. As a millennial, you might feel like you h… Read More
2023-07-14 18:14
Estate planning is a crucial step in ensuring that your assets and wealth are protected and distributed according to your wishes after your passing. However, one question that often arises i… Read More
2023-07-07 17:49
Embarking on a second marriage is an exciting chapter in one’s life, filled with new beginnings and the promise of a shared future. However, it also raises important questions about fa… Read More
2023-06-30 17:24
As an attorney practicing estate planning in Georgia, I understand the importance of creating a comprehensive estate plan that goes beyond a simple will. While a will is a fundamental docume… Read More
2023-06-23 19:24
Losing a loved one is an incredibly challenging and emotionally overwhelming experience. During such difficult times, it is essential to find support and explore practical steps to cope with… Read More
2023-06-16 17:38
Creating an estate plan in Georgia is a crucial step in ensuring that your assets are protected and distributed according to your wishes after your passing. Regardless of your age or financi… Read More
2023-06-09 19:33
As individuals age or face unique circumstances due to special needs, it becomes increasingly important to address their long-term financial and personal well-being. Estate planning plays a… Read More
2023-06-02 17:57
Understanding each aspect of tax regulations can be helpful when it comes to managing your finances, especially in regards to estates, trusts, or corporations. One common question that arise… Read More
2023-05-26 18:29
Understanding the distinctions between heirs and beneficiaries is crucial when it comes to estate planning and the distribution of assets. While the terms are often used interchangeably, the… Read More
2023-05-12 20:18
When a person dies without leaving a will, their estate passes to their heirs at law. These heirs are determined by the state’s laws of intestacy, which set out the order in which rela… Read More
2023-05-05 19:42
As grandparents, you may want to give financial gifts to your grandchildren to help them achieve their life goals, pay for college education, or simply to show your love and support. However… Read More
2023-04-28 19:57
As we approach the 3rd quarter of 2023, it’s a good time to review your estate plan and ensure it still meets your needs and goals.
Estate planning can be complex, but with the righ… Read More
2023-04-21 17:54
Planning for the future is an essential aspect of responsible adulting. One of the most critical components of future planning is creating an estate plan. Many people believe that estate pla… Read More
2023-04-14 17:04
As families grow and accumulate assets, it is essential to plan for the future and consider ways to protect and transfer wealth. One popular estate planning tool that many families use is a… Read More
2023-04-07 17:50
When it comes to estate planning, parents with special needs children face unique challenges. These challenges arise from the need to provide for their children’s long-term care, suppo… Read More
2023-03-17 19:58
Georgia Beneficiary Deeds
A Georgia Beneficiary Deed, also known as a Georgia Transfer on Death Deed, is a legal document that allows an owner of real property in Georgia to name a benefi… Read More
2023-02-17 17:37
Wills can be a very clear and easy way to disperse your assets after your death for persons with modest estates. There are lots of websites that claim to provide you with the forms and… Read More
2023-02-10 17:12
It can feel like embarking on a new profession when a loved one dies. To to put it mildly, it’s a lot. You have to manage all of your loved one’s assets, read and sign many docum… Read More
2023-02-03 18:59
Revocable and irrevocable trusts are the two main types of trusts. One would conclude given their names that what a “irrevocable” trust is irreversible and a “revocable&rdq&hell…Read More
2023-01-27 19:41
estate tax calculationNo, estate planning fees were tax deductible in the past, but not anymore although some legal fees that was used for estate planning can be deducted on your taxes… Read More
2023-01-20 16:42
In Georgia, you have to make sure your will is valid. In accordance with the laws, the probate court decides if a Will is legitimate. The probate court will view your will as if you had pass… Read More
2023-01-13 16:43
No more school buses. No more huge grocery lists. The last bird has left, and now the nest is empty!
You can be ecstatic or depressed. If you are still making payments on student loans or… Read More
2023-01-06 11:58
An individual can definitely have more than one trust. The question of whether they should have more than one trust depends on each person. Almost every person can benefit from having a revo… Read More
2022-12-30 16:00
More than simply your relationship status is impacted by divorce. It is a long-lasting legal action that affects trusts, wills, and other estate planning tools.
More than simply your rela… Read More
2022-12-23 15:26
A self-proving affidavit is a notarized document that aids in establishing the legitimacy of a will and expedites the probate procedure. The will is signed by the testator (the person who wr… Read More
2022-12-16 17:56
When a person and a resident of Georgia passes away, their estate often must go through probate. Having a will merely specifies what happens to your property, it does not prevent probate. As… Read More
2022-12-09 12:21
If you become incapacitated, having a power of attorney makes it simpler for family members to take care of you. You could become disabled at any time during your life due to an accident or… Read More
2022-12-02 17:14
A Credit Shelter Trust is utilized when a couple has a taxable estate or is expected to have a taxable estate by the time of their passing. It is also known as an AB Trust or Bypass Trust. Y… Read More
2022-11-25 14:44
One of the key things to think about when selecting an entity structure for your business is deciding how you want your company to be taxed, along with personal liability protection, record… Read More
2022-11-18 14:55
Choosing an executor for your will is a crucial step in estate planning. It could be a good idea to name two or more co-executors in various circumstances.
Although most wills name just o… Read More
2022-11-11 10:21
Putting together a trust may be a component of estate planning. Because they might decide to sell real estate after creating a trust, many people are hesitant to establish one. The procedure… Read More
2022-11-04 17:57
You will probably get a letter addressed to you with the subject line “Recorded Deed Notice” after you buy a new house, retitle your existing one into a trust, or have to registe… Read More
2022-11-04 16:29
The kind of trust you have will determine whether it needs its own EIN. The Internal Revenue Service (“IRS”) issues an EIN, commonly referred to as a federal tax ID number, to id… Read More
2022-10-28 16:35
With divorce occurring in roughly 50% of all marriages in the U.S. and life expectancy increasing every day, second and even third marriages are becoming quite common. And when people get re… Read More
2022-10-27 17:56
In order to close a probate estate, the executor or administrator of the estate files a Petition to Discharge the Personal Representative in Georgia. After all bills, costs, and taxes have b… Read More
2022-10-27 12:23
Have you ever questioned what a HEMS standard means when your estate planning attorney mentions it but you didn’t ask? The phrases “health, education, maintenance, and support,&r&hell…Read More
2022-10-21 15:05
Understanding how to distinguish yourself from your business might be one of the most challenging aspects of running your own business, especially if you are just starting out. And this prob… Read More
2022-10-14 18:19
Your estate plan should at least include sufficient funds to pay for a funeral cost for a loved one, with funeral costs often ranging between $7,000 and $12,000 and slowly rising each year… Read More
2022-10-04 17:36
What Is An Advance Estate Plan?
Many people never had the need to get beyond plans like a Will, Living Trust, Durable Power of Attorney and a Living Will Care Proxy to provide for their… Read More
2022-10-01 15:00
If you’re looking to collect life insurance proceeds as the policy’s beneficiary, the process is fairly simple. However, during the emotional period immediately following a loved… Read More
2022-09-22 14:41
Estate planning is definitely not a one-size-fits-all endeavor. Even if you think your particular situation is simple, that turns out to almost never be the case. To show you just how compli… Read More
2022-09-16 17:50
President Biden, Vice President Harris, and the U.S. Department of Education (DOE) announced a three-part plan to help low and middle-income families deal with the increasingly burdensome co… Read More
2022-09-12 14:24
Here are four ways to help you with sale of a real estate or assets coming up that will result in you owing capital gains tax, that you may want to discuss and set up a Charitable Remainder… Read More
2022-09-05 12:23
If you count all your assets, you’ll always show profit.Brian Tracey
You may think that only the super wealthy need to worry about asset protection planning. But the truth is that i… Read More
2022-08-26 15:00
There are a lot of advantages and stressors when it comes to running your business: being your own boss, setting your own hours, getting to decide who you work with and what you work on. Her… Read More
2022-08-26 15:00
There are a lot of advantages and stressors when it comes to running your business: being your own boss, setting your own hours, getting to decide who you work with and what you work on. Her… Read More
2022-08-19 15:46
These days, more and more young people are delaying—if not totally foregoing—a life that involves marriage and parenting. The lack of jobs, crushing student debt, multiple recess… Read More
2022-08-19 15:46
These days, more and more young people are delaying if not totally foregoing a life that involves marriage and parenting. The lack of jobs, crushing student debt, multiple recessions, and th… Read More
2022-08-12 13:27
“Assumptions are the termites of relationships.” – Henry Winkler
Do you feel obligated to check work emails, texts, and voicemails at all hours?
Do you often work eve… Read More
2022-08-12 13:27
Do you feel obligated to check work emails, texts, and voicemails at all hours?
Do you often work evenings, weekends, and holidays, even after you promised yourself you wouldn’t?… Read More
2022-08-05 16:44
As we head into fall, many parents will see their children prepare to leave home to attend college or pursue other life goals. This can be an exciting and emotional time, and with so much go… Read More
2022-08-05 16:44
As we head into fall, many parents will see their children prepare to leave home to attend college or pursue other life goals. This can be an exciting and emotional time, and with so much go… Read More
2022-07-30 14:21
“A big business starts small.” – Richard Branson
If you are thinking of starting a business, you’ll find all sorts of advice about how to go about g… Read More
2022-07-22 16:28
The road to retirement is a long one, and as with any journey, it helps to have a few key milestones along the way to help gauge your progress. While your individual retirement plan and goal… Read More
2022-07-22 16:28
The road to retirement is a long one, and as with any journey, it helps to have a few key milestones along the way to help gauge your progress. While your individual retirement plan and goal… Read More
2022-07-15 21:35
It’s sad but true that many pets end up in shelters after their owner dies or becomes incapacitated. In fact, the Humane Society estimates that between 100,00 to 500,000 pets are place… Read More
2022-07-15 21:35
The sad truth is that many pets end up in shelters after their owner dies or becomes incapacitated. In fact, the Humane Society estimates that between 100,00 to 500,000 pets are placed in sh… Read More
2022-07-08 13:37
Whether through illness, injury, or other means, anyone can require a guardian to become appointed if they become mentally incapacitated. In such cases, if there is no estate planning in pla… Read More
2022-07-01 14:36
As a parent, you’re likely hoping to leave your children an inheritance. In fact, doing so may be one of the primary factors motivating your life’s work. But without taking the p… Read More
2022-06-24 00:25
In the first part of this series, we discussed the estate planning tools all unmarried couples should have in place. Here, we’ll look at the final two must-have planning tools.
Most… Read More
2022-06-17 00:25
Estate planning is often considered something you only need to worry about once you get married. But the reality is every adult, regardless of age, income level, or marital status, needs to… Read More
2022-06-10 00:25
A trust fund — or trust — is a great estate planning tool for many people with a wide range of incomes who want to accomplish a specific purpose with their money.
Simply put… Read More
2022-06-03 02:28
Unless you’ve created an estate plan that works to keep your family out of court, when you die (or become incapacitated) many of your assets must go through probate before those assets… Read More
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