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Does Georgia Allow Transfer-On-Death Registrations?

By Bowman Law Firm |

Do you have a motor vehicle, or multiple vehicles, that you want to be able to leave to loved ones in Georgia? You might be wondering if you can use something known as a transfer-on-death registration, which allows people in certain states to designate a beneficiary to whom vehicle ownership should transfer upon the… Read More »

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Just Like You Need a Medical Checkup, Your Estate Plan Needs a Checkup

By Bowman Law Firm |

Creating an estate plan is a crucial task for any adult, but it is not a one-and-done task. Think of it as an annual physical exam or a periodic review of your investments with your financial advisor; regular checkups of your estate plan are essential to ensuring that it still fits your life and… Read More »

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Homestead Exemptions and Estate Planning

By Bowman Law Firm |

The term homestead may seem like a throwback to pioneer days, but homestead exemption laws are directly relevant to today’s estate planning and can play a valuable role in a modern plan. Almost every state has some form of homestead exemption law primarily focused on reducing property taxes and protecting home equity from creditors…. Read More »

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How Should I Choose My Beneficiaries?

By Bowman Law Firm |

When you are starting to think about estate planning in Gwinnett County, one of the major issues you will need to consider concerns your beneficiaries. Depending on your particular circumstances, including the types of property you own, you may need to identify beneficiaries to inherit your assets through a will, to have assets distributed… Read More »

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Benefits of a Georgia Revocable Living Trust

By Bowman Law Firm |

Nearly everyone who starts to think about estate planning in Georgia knows that they should likely make a will. A will, also described commonly as a last will and testament, can be an important document for identifying loved ones and charities to inherit your assets after your death. Yet a revocable living trust can… Read More »

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Ways of Leaving Assets to Your Loved Ones

By Bowman Law Firm |

Knowing that your financial assets and cherished possessions will safely pass to your loved ones when you die is a great source of peace of mind for nearly all Georgia residents. In order to ensure that your property will be distributed according to your wishes, it is essential to have an estate plan in… Read More »

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Treating Children Fairly Does Not Necessarily Mean Equally

By Bowman Law Firm |

Parents generally try to treat all their children fairly. We often assume that fairness means leaving an equal inheritance to each child. However, “fair” does not always mean “equal.” A thoughtful estate plan considers each child’s unique circumstances to create distributions that truly support their needs. Here are some situations where unequal but fair… Read More »

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What is a Georgia Spendthrift Trust?

By Bowman Law Firm |

Georgia law allows individuals in Norcross and throughout Gwinnett County to create many different types of trusts as part of their estate plans. All trusts will either be created as revocable (meaning that the trust can be changed or canceled within the lifetime of the settlor, meaning the person who makes the trust) or… Read More »

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What Are the Requirements for a Transfer-On-Death Deed?

By Bowman Law Firm |

Georgia is one of the current states in the US that now has a transfer-on-death deed (also known as a TOD deed) for real property. What this type of deed does is that it allows a real property owner to have their real property transferred directly to a beneficiary on death. Otherwise, real property… Read More »

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If I Leave Someone My Home, What Do They Really Get?

By Bowman Law Firm |

Your home is likely one of the most valuable assets you own, if not the most valuable. Calling it an asset can sound cold. A home is far more than an assortment of materials and possessions. It is also a place to live, gather, create life stories, and share memories. However, in the eyes… Read More »

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