Georgia Probate

Probate involves the legal process of settling an estate. Attorney-drafted templates simplify this process and make it quick and easy.

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Georgia Banking Affidavit of Surviving Relative - Intestate Estate

Use this affidavit to claim bank deposits as a surviving relative when a person passes away without a will.

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Common Georgia Probate documents

  • Petition for Probate — initiates the probate process for a deceased person's estate.
  • Letters Testamentary — authorizes the executor to act on behalf of the estate.
  • Notice of Probate — informs interested parties about the probate proceedings.
  • Inventory and Appraisement Forms — lists and values the deceased's assets.
  • Final Accounting Forms — summarizes the estate's financial transactions before closure.

Similar documents: key differences

  • Executor vs. Administrator — Executors are named in a will, while Administrators are appointed when there's no will.
  • Letters Testamentary vs. Letters of Administration — Letters Testamentary are issued for estates with a will; Letters of Administration are for those without.
  • Petition for Probate vs. Petition for Letters of Administration — The former is for estates with a will, and the latter applies when no will exists.
  • Notice of Probate vs. Notice of Administration — The first notifies about a will's validity, while the second informs about the administration of an estate without a will.

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FAQs

A trust is not necessary if you have a will, but it can offer additional control and privacy.

If no estate plan exists, state laws will dictate asset distribution, potentially leading to delays.

It's wise to review your estate plan every few years or after major life changes.

Beneficiary designations typically override wills, directing assets to named individuals directly.

Yes, you can appoint separate agents for financial and healthcare decisions in your estate plan.

Glossary

  • Probate - The legal process of validating a will and settling an estate.
  • Executor - The person appointed to carry out the terms of a will.
  • Administrator - An individual appointed to manage an estate without a will.
  • Letters Testamentary - Court document allowing an executor to act on an estate's behalf.
  • Letters of Administration - Document granting authority to an administrator of an estate.
  • Will - A legal document outlining how a person's assets should be distributed.
  • Beneficiary - An individual designated to receive assets from an estate.
  • Estate - The total property and assets owned by a deceased person.
  • Intestate - A term used when someone dies without a valid will.
  • Trust - A legal arrangement to manage assets for beneficiaries.

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