Welcome to Georgia Legacy Law Group, LLC, formerly known as Hill & Watchko, LLC
Registration Info Please use your legal name as it appears on your license or government-issue ID
Your Contact Details If you are married, your spouse will be defaulted as your primary agent throughout this interview. Please know that you are not required to have your spouse as your primary agent and you may choose to have another individual act as your primary helper.Please submit all answers with the proper capitalization. Your full legal name is required for your estate planning documents. This would be the name you are referred to on your driver’s license, social security card, passport or other federal government ID. Do not forget to add your middle name or initial if you have one. If your driver’s license, social security card, passport, or other forms of identification do not match, use the full name indicated on your driver’s license and list the other name in the “also known as” field. Also known as names are names that you may regularly use for financial documents, health care policies, or just more commonly known as.
Your Spouse Information Please use your legal name as it appears on your license or government-issue ID
Total Estate Value The value of your total estate includes all assets held either in your individual name, jointly, or that you control. Assets can include but are not limited to real estate, your retirement accounts, any bank accounts, brokerage accounts, life insurance, business interests, and valuable jewelry and collectibles. The value of the assets goes by either the amount of money held in the account or the fair market value of any real estate, tangible property, or intangible asset (e.g. business interest).
Children and Beneficiaries If you have children, you will be provided with the option to establish a testamentary trust for their benefit. A testamentary trust is a trust created after your passing. The trust is held for the benefit of your children until they reach a certain age. This allows for a trustee to manage a child’s inheritance until they reach a mature age.
Children When answering these questions, please include all of your children including any step-children. For children under the age of 18, you will be required to name a guardian for them in the will. By setting up a separate share trust inside your Revocable Living Trust for your children, you will be able to appoint a “trustee” to manage your children’s inheritance. Your trustee will be responsible for investing, handling, and providing distributions to your child as the trustee sees fit. Once your child reaches an age that you predetermine, your child will then have full access to their inheritance. If you do not choose to set up a trust for your child's inheritance, it will go outright to the child, meaning they have full access and control once they reach the age of majority. Please note that a child under the age of 18 years old, will automatically have their inheritance go into a trust to be managed by an adult.
Beneficiary Information In deciding who and how to leave your assets, please remember that we have assumed if you are married that you will leave 100% of your assets to your spouse. This division of property will only happen upon the second spouse to pass. A beneficiary may be an individual(s) or a charity. If you chose to leave your assets to a charity, please provide the full name of the charity and the location of the charity. Please note that a beneficiary takes assets that go through the Will. Assets that have named beneficiaries will follow those private institutions guidelines rather than the distributions of your Will. Make sure you pay attention to both.
Guardians for Your Minor Children In your Last Will and Testament, it is important to designate a Guardian for your minor child or children. A Guardian is a person who is responsible for the day to day needs of a minor child and who steps into the role of being the parent if you are no longer living or unable to care for your child. As a word of caution, the surviving biological parent is typically favored by the courts to be named as guardian. If you choose to name someone other than the surviving biological parent as the first guardian, the legal system may still grant custody to the surviving biological parent unless the surviving biological parent has been legally deemed unfit to serve as parent/guardian.
Children Information • Please provide the full legal name, date of birth, and parental status for each child and step-child. • A Guardian is a person who is responsible for the day to day needs of a minor child and who steps into your role of being the parent if you are no longer living or unable to care for your child.
Children's Trustee The trustee of your minor’s trust is responsible for managing the trust assets and making investment and distribution decisions as outlined in the trust’s terms. The trustee will have legal fiduciary duties to manage the trust assets prudently. This individual should be someone you trust implicitly to manage financial matters responsibly and in the best interests of your minor child. It is not uncommon for the guardian and trustee to be the same person. We recommend naming a primary and secondary trustee. We do not recommend naming co-trustees as this can lead to complications due to potential disagreements, inefficiency and divided accountability. Should you wish to name co-guardians, please consider selecting individuals who get along.
Trustee - Spousal Trust The trustee of your minor’s trust is responsible for managing the trust assets and making investment and distribution decisions as outlined in the trust’s terms. The trustee will have legal fiduciary duties to manage the trust assets prudently. This individual should be someone you trust implicitly to manage financial matters responsibly and in the best interests of your minor child. It is not uncommon for the guardian and trustee to be the same person. We recommend naming a primary and secondary trustee. We do not recommend naming co-trustees as this can lead to complications due to potential disagreements, inefficiency and divided accountability. Should you wish to name co-guardians, please consider selecting individuals who get along.
Executor The Personal Representative is the person who is appointed to handle the estate once you have passed away. The Personal Representative’s job is to determine and obtain access to the estate assets, make sure that the expenses and taxes are paid and then make distributions of remaining assets to those named as beneficiaries. The Personal Representative’s role is a financial and managerial role. Therefore, consider naming someone who you believe is good with finances or who would be willing to get professional help to guide them so that they can make prudent and reasonable decisions.
Executor-Spouse/Partner The Personal Representative is the person who is appointed to handle the estate once you have passed away. The Personal Representative’s job is to determine and obtain access to the estate assets, make sure that the expenses and taxes are paid and then make distributions of remaining assets to those named as beneficiaries. The Personal Representative’s role is a financial and managerial role. Therefore, consider naming someone who you believe is good with finances or who would be willing to get professional help to guide them so that they can make prudent and reasonable decisions.
Power of Attorney The Power of Attorney allows the person you name as your agent to make legal and financial related decisions for you while you are alive. The power will become effective at the time you sign the Power of Attorney and will continue in the event of your incapacity. The Power of Attorney powers stop upon your death. It is recommended that you name one primary (typically spouse/partner if married) and at least one alternate agent.
Power of Attorney-Spouse/Partner The Power of Attorney allows the person you name as your agent to make legal and financial related decisions for you while you are alive. The power will become effective at the time you sign the Power of Attorney and will continue in the event of your incapacity. The Power of Attorney powers stop upon your death. It is recommended that you name one primary (typically spouse/partner if married) and at least one alternate agent.
Medical Power of Attorney The Medical Power of Attorney allows the person you name as your agent to make medically related decisions for you while you are alive. These powers become effective in the event of your incapacity. It is recommended that you name one primary and at least one alternate agent.
Medical Power of Attorney Spouse/Partner The Medical Power of Attorney allows the person you name as your agent to make medically related decisions for you while you are alive. These powers become effective in the event of your incapacity. It is recommended that you name one primary and at least one alternate agent.
Signing Your Documents: Atlanta Georgia law requires that certain parts of your health care documents be notarized and witnessed by two disinterested individuals. This means that the notary and two witness must not be an agent or beneficiary in your documents. If the documents are not signed properly, there is a risk that they will not be legally valid documents. To best assist you in making sure your documents are signed properly, we have designed two options that you can choose from to have your documents executed: Sign at our office You may choose to come to our office where our team will have all your documents printed and ready for your signatures. We provide the notary and two witnesses. All you have to do is schedule a time and come visit! Sign on your own If comming to our office does not seem feasible, we will share your documents with you for you to sign on your own. We will provide you with written instructions and are available to answer any of your questions regarding signing your documents. You will need to find and provide for your own notary and two witnesses.
Congratulations! You have completed your online estate plan interview!