Fortson, Bentley and Griffin’s estate planning attorneys regularly employ the following fundamental tools when developing and implementing both simple and complex estate plans for clients:
- Wills: Wills are regularly used to specify funeral arrangements, nominate guardians for minor children and to direct the final disposition of the assets in the testator’s probate estate.
- Financial Powers of Attorney: Whether immediately effective or springing, a financial power of attorney appoints an agent and authorizes him or her, acting in a fiduciary capacity, to exercise certain powers over the assets of the principal.
- Advance Directive for Healthcare: An advance directive for healthcare combines the following features:
- A healthcare power of attorney that appoints an agent and authorizes him or her to make certain healthcare decisions for the principal during periods of incapacity;
- A living will that provides instructions regarding treatment preferences; and
- Nominations of potential legal guardians.
- Non-probate Contractual Arrangements: Certain assets may be transferred to beneficiaries without the involvement of the probate court through the use of the following contractual arrangements:
- Financial contracts, including insurance policies, annuities, and retirement plans;
- Formal account designations, such as pay-on death (POD) designations on cash accounts and transfer-on-death (TOD) designations on asset accounts; and
- Real property deeds creating joint tenancies with rights of survivorship.
Please contact one of FB&G’s experienced estate planning attorneys online or by telephone at 706-548-1151 to discuss your particular legal needs.