“It requires a great deal of boldness and a great deal of caution to make a great fortune... And when you have got it, it requires 10 times as much wit to keep it.” — Ralph Waldo Emerson, 1860
As our clients' businesses in the Metro Atlanta area grow, so does their wealth. And just as we care about our clients' businesses, the law firm of Mark A. Johnson, PC cares about preserving their wealth for the future and for their families. That is why we provide our clients with personal legal services, including estate planning, wills, trusts and estate administration.
Estate planning uses legal tools and techniques to direct your future healthcare and preserve your wealth to fund the future for you and your loved ones.
Our legal services include the following estate planning documents and services:
Basic will — Your will distributes your assets to specified beneficiaries upon your death.
Trust — A trust allows a third party (trustee) to hold your money or property for the benefit of another person. Trusts are usually established to reduce or eliminate the payment of taxes that would otherwise be due.
Planning for incapacity — A living will is a document stating your preferences for the provision, withholding, and withdrawing of life-sustaining treatment in the event you are terminally ill or permanently unconscious. A healthcare proxy, also known as a healthcare power of attorney, enables a person you select to make healthcare decisions for you in the event that you become unable to communicate.
Durable power of attorney — A power of attorney is a document that enables a person you select to make decisions for you when you are unavailable. With additional language, it becomes durable, meaning that it remains in effect even if you become incapacitated.
Guardianship — A court order gives one person (the guardian) the authority to make decisions for someone else (the ward) who is not competent to make decisions for himself or herself.
Special needs planning and trusts — A special needs trust enables a beneficiary with special needs to derive benefits from your assets without jeopardizing existing Supplemental Security Income (SSI) and Medicaid benefits.
Prenuptial agreement — A prenup is an agreement between two people about to be married regarding the division of marital assets in the event they divorce.
Business succession planning — This provides direction as to how to replace key business owners if they resign, retire or die.
Probate — Probate includes filing a will in the county where the decedent resided and getting an executor officially appointed to administer the decedent's estate.
Estate and trust administration — This is the process of fulfilling the directions left by a decedent in his or her will for the distribution of the decedent's property and assets.
Compliance with probate and fiduciary laws — Administration of an estate is subject to numerous federal and state laws. We know these laws and we help our clients comply.
Estate litigation — We can bring or defend a challenge to a will being probated.
Schedule a consultation to discuss your estate planning needs, please call attorney Mark A. Johnson or contact us online.