Many people take the step of drafting a will to officially document their wishes regarding what they want done with their assets when they die. A will, when drafted properly, is an official and legally-binding document, but that does not mean it is impossible to raise a challenge regarding its validity.
It’s never easy to lose a parent, no matter what age they are when they pass. In most cases, it will be the responsibility of the surviving spouse or children to administer their estate. This becomes easier if the deceased died with a will or trust in place—but even so, questions about inheritance are bound to come up.
If you haven’t yet written a will of your own or if you’ve never been involved in executing someone else’s will, you likely won’t be too familiar with the probate process. Although going through probate in Georgia isn’t overly complicated, it can be a time-consuming and expensive endeavor. It’s also one that you’ll want to ensure you get right to avoid any potential problems, such as overpaying on debts or heirs challenging a will.
Probate can seem overwhelming and daunting to those who are not familiar with the process and do not understand what to expect. Unfortunately, there are many misconceptions about probate originating from the lack of knowledge in this area.
Let’s face it. Parenting is hard, even under the best circumstances. However, families can face even more difficulties when going through a divorce or separation. When a family is forced to divide the time that they’ll see their children, there can be major disagreements. In some cases, the couple will have to turn to the courts to make a determination, especially if one parent believes the other is “unfit” to have custody.
Just like divorce, remarriage is now common in Georgia and across the United States. After a marital breakdown, your estranged spouse might find love again and decide to start a new romantic relationship.
In Georgia, parents who are not living together are usually required to create quality child support agreements which will help cover their children’s living expenses and other financial needs. Although, there is an established guideline for calculating child support amounts under state laws.
For any parent going through a divorce, one of the most important and pressing matters is determining child support. It is important to understand how health insurance can impact the overall child support amount and what issues should be taken into consideration when figuring out how to factor it in.
In a divorce or legal separation involving minor children, parents are often required to establish quality child support arrangements. The support payments will be used to cover the child's financial needs and pay living expenses.
Typically, divorce isn’t easy. If you and your spouse have children together, divorce can be even more complicated. Custody, parenting plans, visitation schedules, and child support are challenges that need consideration.