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estate administration & probate Archives

How can your estate avoid the probate process?

When creating an estate plan, you're sure to think long and hard about what will happen to your assets upon your death. Like many, you'll want to do whatever it takes to avoid the probate process. This goes a long way in cutting back on the amount of time it takes your loved ones to receive your property. Furthermore, avoiding probate is a great way to save money.

Don’t forget about these estate planning documents

When creating an estate plan, the first thing you may think about is a will or trust. While there is nothing wrong with this, you need to realize one thing to be true: There are many other estate planning documents that can give you peace of mind, both now and in the future.

There are many aspects of a complete estate plan

Many people think that estate planning is all about knowing where their assets will end up when they pass on. While it's important to have a will or trust that outlines your wishes, let's focus on the various other types of estate planning.

An introduction to estate and gift tax

Estate and gift taxes are imposed when a sum above a certain amount is transferred from one person to the other outside of business dealings. Estate tax is the name for this transfer after the person giving the money has died. This money could be coming from a will or a trust fund, for example. Gift tax refers to when a person transfers some of their wealth while they are still alive.

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Walden, Blair & Associates is committed to serving needs of the Athens - McMinn county area, including the neighboring counties of Monroe, Meigs, Bradley and Polk.

We strive to be as accessible, flexible, and available as our time and resources will allow.

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