What is the Georgia inheritance law with a will?
This article covers things like:
Let’s dig in.
The Georgia code for these intestate success laws are:
The remaining sections of OCGA 53-2-1 are in the following sections.
It’s mainly about “Georgia Inheritance Laws Without A Will.”
If there is:
Let’s talk about the Georgia inheritance laws when you have a valid will.
Let’s talk about some of the Georgia inheritance laws with a will.
And how those probate proceedings get handled for your loved ones.
The Georgia probate time limit is 5 years.
You have 18 months to probate a will after someone dies.
But, after you have filed for probate, you have 5 years to complete probate.
After 5 years, the will becomes invalid.
There are assets that avoid probate in Georgia automatically.
These assets get passed to the surviving co-owner for intestate succession.
The following assets have to go through probate in Georgia:
What is probating a will in relation to Georgia inheritance laws with a will?
Probating a will means you validate and administer the will.
Validating the will means that you prove the will is valid.
This is usually done by having the witnesses testify to it’s authenticity.
If it’s a self-proving will, there is no need for the witnesses to testify.
(This is when you have a self-proving affidavit for your will.)
Administering the estate means that the executor pays off the estate’s debts.
And then distributes the remaining assets to the beneficiaries.
So, how do you probate a will in Georgia?
Per Georgia’s inheritance laws with a will, the probate process is:
Per Georgia code, you have to file for probate within a “reasonable time” after death.
Georgia probate laws require that the will gets probated within 5 years after death.
Let’s say you’re married and you die without a will in Georgia.
What your surviving spouse gets depends on whether you have descendants like:
A surviving spouse has rights to at least one-third of the estate in Georgia.
And that is regardless of how many children there are.
If there is one child, then:
If there is a spouse and two children, they all get one-third of the estate.
With 3+ children, the child’s share of the estate gets reduced.
The surviving spouse has rights to one-third of the estate.
And the child’s share is 66%, split equally by the living children.
If there are no children, the surviving spouse gets the entire estate.
If there are no children, a spouse will automatically inherit everything in Georgia.
But, if there are children, the spouse has to split the estate with them.
(This includes minor children, adult children, and adopted children.)
The minimum that a spouse can inherit is one-third of the estate.
In Georgia, you cannot disinherit your spouse per Georgia inheritance laws with a will.
Spouses (and children) are entitled to Year’s Support in Georgia.
Even if you disinherit them, they can still get funds from the estate.
Year’s Support can get filed even if a spouse tried to disinherit you.
The purpose of the law is to make sure the surviving spouse is taken care of.
This is a part of Georgia’s inheritance laws with a will.
Usually, this support is enough finances for a year of expenses.
But surviving spouses can ask for the primary home from the estate.
No, Georgia does not have an inheritance tax with its inheritance laws.
To file these, you need to get an EIN (employer identification number).
The IRS treats the estate as an entity.
This guide on how to probate a will walks you through this probate process.
Estate taxes are different than inheritance taxes in Georgia.
An estate tax is also called a death tax.
It gets imposed on the transfer of the deceased person’s assets.
The family members don’t have to pay these taxes.
But the federal estate tax rates range from 18% – 40%.
And that’s only for assets past the exemption rate of $12.06M.
The estate tax rates only kick in once you’re past $12.06M in estate value.
And that’s per individual, so a married couple’s exemption is $24.12M.
Yes, a stepchild can contest a will for a Georgia estate.
But they can only contest a will if they have beneficiary designations.
Georgia’s inheritance laws are such that stepchildren don’t have inheritance rights.
But that’s only for an intestate estate (when there’s no will designating them as beneficiaries).
If the executor does not probate a will, the executor could:
This is how the Georgia inheritance laws with a will can come into play.
When a will is not probated, the estate gets passed down via Georgia inheritance laws.
Even if there is a will – because the will becomes invalid after 5 years.
You’ll have to have an attorney create a Georgia quit claim deed for you.
This will “quit” the decedent’s claim to the property.
And put the inherited house into your name.
Once you have a quit claim deed filled out, file it with the Clerk’s office.
If your daughter died, your son-in-law would not inherit your estate.
Son-in-laws are not heirs when it comes to inheritance laws.
If your daughter dies, her share of the estate will get split between your other children.
No, a will does not override a marriage.
A marriage overrides a will.
This is because your spouse automatically becomes your heir.
Even if you disinherit your spouse with a will, they are still entitled to support.
That person’s estate pays off their debts when they die.
When someone dies, their assets pass to their estate.
If those assets are not enough to pay off debts, then the debts go unpaid.
No one else is responsible for paying off those debts.
An executor cannot change a will.
An executor is legally obligated to follow the will’s instructions.
An executor cannot change:
An executor’s job is to follow the instructions in the will.
And distribute the assets as the decedent described in the will.
There is a scenario where an executor can decide who gets what.
That’s when the testator did not give clear direction on how to distribute assets.
Then, the executor can decide who gets what from the estate.
If you want the best Atlanta probate attorneys to represent you, fill out the form below.
We have the experience needed to ensure that your rights are protected.
This means that you don’t wrongfully lose assets to creditors.
We also make sure that the probate process is smooth and fair.
This means you don’t get raked over the coals financially.
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