Elder law focuses on the oldest segment of society. It helps to protect and preserve your rights as you age, while also covering concerns specific to seniors. The ABA Journal explains that this is a growing segment within the legal field due to several factors, such as an aging population and an increase in sophisticated scams. Covers a wide array of subjects Since elder law has its focus on helping those over a Read More

Georgia business owners like you put years of work into your business. Countless hours go into shaping it. You work hard to ensure that it represents you as a person and as an entrepreneur. So it goes without say that a business successor is crucial to your business. With everything you have put into it, your business should continue in the way you wish after you leave. Successors as a pillar of business The Small Read More

Georgia residents like you may decide that now is the time to write your will. But where do you begin? The process is often more complicated than people expect. You cannot just write a will on a piece of paper and call it a day. There are protocols and laws to follow. Also, each state has its own laws regarding will making. This means what applies in one state does not always apply in the others. This is crucial to Read More

Family homes, retirement accounts and heirlooms — these all come under a new light during estate planning. Walking through this complex process is eye-opening for many children with aging parents. We see many families start to get more involved with planning during a major life change, such as when it becomes apparent one member needs long-term medical care. Before such an event, few people are even aware of asset Read More

Distributing your wealth after you die can be complex on its own. It can be more complex when it involves a child and his or her spouse. What do you do if you do not trust your child’s partner? Maybe your son or daughter-in-law is bad with money or perhaps you foresee divorce in the future. According to CNB, you can use an estate plan to protect wealth from your child’s spouse. Talk to your children When you seek to Read More

As you get older, you spend more time preparing your finances for retirement, for any care you may need in the future and to pass on to your family. As part of estate planning, many Americans choose to establish a revocable trust for some of their assets because they come with many advantages, including that you maintain ownership of the revocable trust throughout your life. That’s not the case with an irrevocable Read More

When most people talk about estate planning, they probably start with the obvious, such as who should get the family home. While material possessions like real estate property, vehicles, and valuable jewelry or furniture is an essential part of estate planning, it’s not the only part you should consider. Nowadays, most Georgians are conducting their personal business online. Bank accounts, retirement funds, and even Read More

Wills are often the backbone of an estate plan. Writing a will ensures that all the property in your name at your death is given to your loved ones. It also allows you to name a guardian for your underage children. However, if you have not considered all the estate planning options available to you, you may not have a plan that addresses all of your goals. Can trusts give you benefits that wills cannot? Trusts do not Read More

If you are new to estate planning, you may not be aware that there is more than one type of trust. This is important to understand because different types of trusts limit your ability to make changes. An irrevocable trust, for example, requires approval from everyone you have listed in the trust for a change to take place. That means if you want to remove a beneficiary from your trust, that beneficiary would have to Read More

As its name implies, a special needs trust is one that you set up for the benefit of someone with special needs, such as your child. FindLaw explains that once established, you then place the following types of assets into the trust: The Medicaid and/or Medicare benefits your child currently receives The SSI benefits (s)he currently receives The housing subsidies (s)he currently receives The educational subsidies Read More