Living Trust for Individual, Who is Single, Divorced or Widow (or Widower) with Children - Georgia: Fill out & sign online

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What is the point of a marital trust?

A marital trust is an irrevocable trust that lets you transfer a deceased spouses assets to the surviving spouse without incurring any taxes. The trust also protects assets from creditors and future spouses the surviving spouse may encounter.

What is a marital trust in Georgia?

A marital trust is an irrevocable trust that lets you transfer a deceased spouses assets to the surviving spouse without incurring any taxes. The trust also protects assets from creditors and future spouses the surviving spouse may encounter.

Is a Will or trust better in Georgia?

While a well drafted Will in Georgia can almost always accomplish the required estate planning objectives, a Revocable Trust may be the best option for individuals seeking heightened privacy or those with unique family situations.

Is a trust better than a will in Georgia?

However, a Living Trust has certain advantages when compared to a Will. A Living Trust allows for the immediate transfer of assets after death without court interference. It also allows for the management of your affairs in case of incapacity, without the need for a guardianship or conservatorship process.

How much does it cost to create a trust in Georgia?

For a Georgia will or trust, the average cost is between $300-600, but the amount you spend depends on how complex the document is and whether you use a template or an attorney. Again, this is an average. Your attorney may charge more or less. Some attorneys may work from a template.

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