There’s really no quick and easy answer to this question, especially since so many women today are both primary caregivers to their family’s children and major breadwinners. However, convincing arguments can be presented on both sides of this debate. For that reason, information is shared below that will remind both men and women of their …
What is Breach of Fiduciary Duty?
Once a person has accepted the appointment of a trustee, a fiduciary relationship is established between the beneficiaries of the trust and a trustee. Because the trustee is charged with the responsibility of managing the estate assets—which likely includes large sums of money—the trustee has a legal duty to act in good faith and in …
What is Estate Fraud in Georgia
When people are unable to protect their assets due to illness or death, a trustee or executor begins managing the assets. When an ethical person is in this role, all beneficiaries are notified about their rights and asset inheritance and information. However, an executor or trustee may use this position to misuse the estate assets.If …
What is “Equitable Adoption” and How Does it Affect Inheritance Rights?
It’s based upon the equitable belief that the law should recognize as complete under specific circumstances – what should have been done – or was intended. Contractual Rationale/Requirements Regarding Equitable Adoption An actual agreement (that did not have to be written) must have existed between the natural parents and those who planned to adopt the …
How to Renounce or Disclaim Your Rights to Property
Although many of us would like to receive valuable property transferred to us under a will, trust or other legal document, some people prefer to renounce such gifts. Under Georgia law, if you do choose to renounce a property transfer, you must carefully follow all of the statutory guidelines for doing so.It’s wisest to hire …