Many thanks to the comic strip Non Sequitor by Wiley for reminding us that probate predators are not an uncommon occurrence.
Remember: Probate is a public process. All documents that are filed in a Georgia probate court are public record and can be viewed by anyone. Further, probate court proceedings in Georgia are also public. Aside from the loss of privacy, the biggest danger here are the predators who search probate filings and prey upon young people who are about to inherit money. Without a trust in place, or other adequate protections, children who have lost their parents, will inherit any money or insurance proceeds left to them at the age of 18 outright and unprotected! There are very few 18 year olds out there who would make wise decisions with a lump sum. Worse yet, these young people are often targeted by predators looking to take advantage of their new wealth.
To avoid this situation for passing your financial assets to your children, please call us at 770-425-6060 or fill out an online contact form to learn how we can help you plan and protect your assets as they are passed to your children.
Marietta and Atlanta probate attorney Stephen M. Worrall represents clients for Wills, Trusts, Guardianships, Estate Planning, Probate and More, in matters throughout the North Metro Atlanta region, including Fulton County, DeKalb County, Paulding County, Cobb County, Cherokee County, and the communities of Marietta, Atlanta, Decatur, Woodstock, Smyrna, Roswell, Dallas, Vinings, Austell, Mableton, Powder Springs, Acworth, Kennesaw, Hiram, Dallas, and Canton, GA.