Dunwoody Estate Planning

Find the right Wills & Trusts attorney in Dunwoody, GA

In Dunwoody, estate planning refers to the procedure of deciding what should be done with one's assets after their death.

The problems that estate planning raises are sometimes very difficult. Without competent legal and financial advice, many problems can pop up, which can quickly throw your entire plan into disarray, and cost your survivors a great deal of time, energy, and money.

Estate planning can have various positive effects on the planner during life, as well. These benefits are usually somewhat intangible, revolving around the peace of mind that comes with knowing that, after your death, you family will be taken care of and that they'll know what your last wishes are. Nonetheless, most people find this very valuable. To that end, you should come up with a power-of-attorney agreement. When you grant someone power of attorney, you have given them the power to make certain decisions on your behalf. You can grant them as much or as little authority as you want. Most individuals, however, give family members or life partners power of attorney with respect to medical care, so if they become incapacitated, their wishes will still be carried out.

A reputable estate planner in Dunwoody, can make this process much easier, minimizing the chances that your estate plan will end up in court, saving your survivors a huge amount of time and money.

Common Features of Dunwoody Estates

Will: This is usually a major component in any estate plan. A will is a document in which a person lays out what they want done with their property after their death. These gifts usually have the effect of transferring legal ownership of the property to the named beneficiary.

Living Will: This is a document which articulates your wishes regarding your medical care, to give instructions to your family and doctors in the event that you become incapacitated. While actually consulting it will hopefully never be necessary, one never knows - unexpected illnesses and injuries can happen to anyone, at any time. While making a living will might require a person to acknowledge the existence of some unpleasant possibilities, it can end up saving their loved ones a great deal of grief and uncertainty.

Power of Attorney: Power of attorney, while important, is not to be used lightly. This is because it involves granting someone else the power to make legally-binding decisions on your behalf. Usually, your spouse will automatically have power of attorney if you become incapacitated. If you are not married, however, you need to make a document explicitly granting that authority to someone you trust (a life partner or close family member, for instance).

Funeral Arrangements: Whatever your preference on this matter (if you have a preference) you should make it known to your family both verbally and in writing. If you have very particular wishes regarding the final disposition of your mortal remains, you should not put those instructions in your will. Or, if you do, you should also put them somewhere else. Wills are typically not read for quite some time after a person dies, and the funeral is usually long over by then, so it will be too late to follow your instructions.

Do I Need a Dunwoody Estates Lawyer?

A poorly drafted or executed Dunwoody estate plan can have major negative consequences. For instance, it might be confusing to the people who are most directly affected by it. This confusion can often lead to costly litigation. For that reason, the guidance of an experienced estate planning attorney can be invaluable.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Dunwoody

Dunwoody, Georgia is a city located in the Atlanta Metropolitan Area. It has a population of about 39,000 people.

Dunwoody, Georgia is a highly affluent community, and is ranked as the third-wealthiest city in Georgia. The city was named for Major Charles Dunwody (the extra "o" in the city's name owing to a misspelling on a bank note).

Dunwoody, Georgia has many historic buildings, including a church that has survived mostly unchanged since 1829, which is still in use today. Furthermore, Dunwoody's first public school, which opened in 1911, was in continuous use until the 1980s.

Dunwoody is generally considered a more upscale community, with a per capita income of over ,000, and a median household income of over ,000. This is likely due to the fact that Dunwoody, Georgia is largely populated by upper-middle-class professionals, who work in nearby Atlanta.

Given the sophisticated clientele of Dunwoody, Georgia, it should come as no surprise that there are some pretty skilled lawyers in the Dunwoody, Georgia area. If you have a legal problem, it's pretty much certain that a Dunwoody, Georgia lawyer can handle it.

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