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September 2018 Archives

What to consider when buying property with other people

Georgia residents may believe that it is a good idea to buy a home with a friend or sibling. However, there are issues to consider before signing an agreement to purchase real estate with other people. For example, creditors could put liens on the home if another person in the group is past due on a loan payment or tax bill. Furthermore, everyone in the group should be realistic about how much they can afford to pay.

The benefits of an estate plan

According to a recent survey from Caring.com, 78 percent of millennials don't have a will. However, estate planning professionals say that people in Georgia and throughout the country should have one regardless of their circumstances. By creating a will, an individual gets to determine how assets will be distributed after he or she passes. Furthermore, that person can appoint someone to oversee the estate as opposed to the state doing so.

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