Revocable Living Trust Georgia: Establishing Your Estate Plan

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Explore the essentials of revocable living trusts in Georgia with The Law Office of Paul Black. Learn how creating a trust can benefit your estate planning strategy.

Author: Paul Black

Paul’s experience as the son of two parents with big health challenges is what led him to the work he does today and gives him first-hand knowledge of the challenges that many caregivers and family members face. After graduation from GSU Law, Paul was chosen from dozens of applicants nationwide as one of three 2010-2011 Borchard Foundation Law & Aging Fellows. Paul has been named as  a SuperLawyers “Rising Star” in the area of Estate Planning and as a member of Georgia’s “Legal Elite” by Georgia Trend magazine. Published on: April 09, 2024.

Ensuring Peace of Mind By Establishing a Revocable Living Trust

Ensuring Peace of Mind By Establishing a Revocable Living Trust

It’s never too early to start planning for your family’s future.

If you have questions, I’m here to help. There is no commitment and we provide free initial 15-minute phone calls. We look forward to meeting you.

Estate planning is vital for safeguarding your future and that of your loved ones. It involves creating a strategic plan for your assets and healthcare needs, ensuring that your wishes are honored.

The revocable living trust is one of the most flexible estate planning instruments available to Georgia residents. This legal vehicle provides not only the potential to manage your assets during your lifetime but also to smooth the transition of transferring your estate to your beneficiaries without the need for a probate court move. Our approach to creating a revocable living trust is centered around your individual needs, aiming to protect your current assets while planning effectively for the future.

As a comprehensive estate planning firm dedicated to serving the Decatur and Atlanta communities, we at The Law Office of Paul Black understand that selecting the right estate planning tools is crucial for delivering peace of mind. We take pride in guiding our clients through the complexities of estate law, offering solutions tailored to their unique situations and objectives.

Reach out to us today to learn more about our services and how we can help you safeguard your future.

At The Law Office of Paul Black, we recognize the profound trust our clients place in us when it comes to shaping their legacy. We strive to honor that trust by ensuring their estate plans, including revocable living trusts, are designed with the utmost care and attention to detail. Our firm combines professional legal counsel with an empathetic understanding of the challenges families face, making us a compassionate and knowledgeable ally in estate planning.

What Is a Revocable Living Trust?

A revocable living trust is a legal instrument that, once established, allows you to place your assets within a trust for your own benefit during your lifetime, with the remaining assets passing to your chosen beneficiaries upon your death. One of the key characteristics of a revocable living trust under Georgia law is its flexibility; as the settlor, you can amend or revoke the trust as your circumstances or intentions change.

This is different from an irrevocable trust, which, once established, generally cannot be altered. Choosing a revocable trust means retaining significant control over your estate while your surviving spouse is still reaping essential benefits.

Among these benefits, avoidance of probate is often highlighted. Probate can be a time-consuming and public process that a trust bypasses, thus allowing for a more seamless transition upon one’s passing. Furthermore, a revocable living trust excels in the quest for discretion and privacy protection by keeping estate matters out of public records.

Notably, a revocable living trust also allows for asset management during incapacity. Should you become unable to manage your affairs, the successor trustee you have appointed beforehand would step in to manage the trust’s assets and estate taxes, thus maintaining continuity and care.

At The Law Office of Paul Black, we prioritize making estate planning approachable for our clients, demystifying complex processes, and offering strategic tools to protect what matters most.

Revocable Living Trust vs. Will in Georgia

When considering estate planning in Georgia, choosing between establishing a revocable living trust and drafting a Will is central to managing your legacy. At The Law Office of Paul Black, we counsel our clients on the nuances of each estate tax option, ensuring your assets are protected and your wishes are honored.

Here’s a breakdown of these two estate planning options:

Revocable Living Trust

  • Pros: This trust enables you to manage your assets during your lifetime and smoothly transfer them to your beneficiaries upon your passing, without the need for probate, which often means more privacy and less hassle for your loved ones.
  • Tax Implications: Generally, creating a revocable living trust does not incur separate tax consequences. Instead, the trust is considered transparent for tax purposes, meaning its income and deductions are reported on your personal income tax return as if they were your own.
  • Myth vs. Fact: A common misconception is that trusts offer absolute protection against creditors and lawsuits, but in Georgia, creditors may still have claims against trust assets.


  • Pros: A will provides a straightforward directive on asset distribution and can designate guardians for minor children — vital for those with young families.
  • Preferability: If your estate is straightforward and the effort and cost of maintaining a trust aren’t justified, a will is typically the best option.

A pour-over will can act as a safety net for your revocable living trust, capturing any assets inadvertently left outside of the trust. This ensures all your assets will ultimately be transferred to the trust at the time of your death.

Our team at The Law Office of Paul Black can guide you through each option’s practical and legal considerations. No matter what kind of estate planning you need, whether a trust to avoid federal estate tax or a simple will, your peace of mind is our priority. Schedule a consultation today.

How to Set Up a Revocable Living Trust in Georgia

Creating a revocable living trust in Georgia involves several critical steps to ensure the smooth management of your estate and assets. This process is a proactive means to protect your family, manage your property and assets, and smoothly transfer your wealth upon passing.

  1. Choose the Right Trustee: The first step is selecting reliable and successor trustees. This choice is pivotal because these individuals are responsible for managing the trust according to your wishes. At The Law Office of Paul Black, we guide you through choosing a responsible trustee and outline the responsibilities they will carry.
  2. Legal Requirements: It is essential that your trust adheres to Georgia’s specific legal requirements. Our firm offers guidance tailored to meet these conditions, meticulously drafting a robust trust document that accurately reflects your intentions.
  3. Transferring Assets: Funding the trust is crucial. We’ll assist you in transferring various assets – from real estate to bank accounts. Proper titling of assets is a must, as it verifies their inclusion in the trust’s estate.
  4. Maintaining the Trust: As life changes, so might your trust. We offer regular reviews and advice on updating your trust, highlighting when amendments are necessary. Need to revoke the trust? We’ll counsel you through this as well.

We at The Law Office of Paul Black are dedicated to ensuring your revocable living trust is set up to effectively safeguard trust property, your legacy, and your loved ones’ future in Georgia.

How The Law Office of Paul Black Can Help

Revocable living trusts in Georgia are an essential estate planning tool to help you achieve your financial goals and minimize estate taxes. However, they can also be complicated to set up, so hiring an attorney when handling estate matters is crucial.

At The Law Office of Paul Black, we understand the intricacies of estate planning and the powerful role that a revocable living trust can play in safeguarding your assets and ensuring a legacy for your loved ones. With a commitment to professional, client-focused services, we stand ready to guide you through creating your revocable living trust with care, ensuring that every detail is attended to with the precision and thoughtfulness akin to how we would treat our own family’s estate.

Our services in relation to revocable living trusts include:

  • Assessment of your unique situation: We’ll help determine if a living trust fits into your comprehensive estate plan.
  • Asset analysis: Our team will analyze your assets to ensure the trust is funded appropriately.
  • Drafting your trust: We meticulously draft your trust document, tailoring it to your specific needs and goals.
  • Designation of trustees and beneficiaries: We guide you in choosing the right successor trustee and clearly delineate your beneficiaries.
  • Avoiding probate: We can help you understand the probate process and how a living trust may allow you to avoid it.

For further guidance, schedule a call with our office. Our highly-lauded skill set is at your disposal to ensure that when it comes to your money and your estate, your future is crafted exactly as you wish it to be.

To discuss crafting a revocable living trust tailored to your circumstances or for personalized advice on estate planning, contact us directly. Schedule a consultation today with a dedicated estate planning attorney from our firm so you can meet with our team, discuss the scope of our services, and decide how we can best serve your estate planning needs. Call us today.

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