There are various tools that are beneficial for long-term care and estate planning purposes. Each Georgia resident can customize his or her own plan to protect assets, set aside funds for nursing home or other medical care or to provide for loved ones by implementing a trust. Since there are numerous types of trusts, it’s important to understand the differences between them, especially regarding living or Read More

Many people, perhaps including some in Georgia, have an aversion to thinking about their own mortality. Others understand the importance of pondering such things and to place certain things in writing regarding asset protection, wills and other estate planning matters. Various documents may be part of an estate plan, including a trust or durable power of attorney.   Signing a trust is a serious matter, and it’s Read More

Did you know that someone turning 65 today has around a 70 percent chance of needing medical support and long-term care during his or her life? According to the U.S. Department of Health and Human Services, that’s the truth, but it’s something many people don’t fully recognize. When you get older, the options for paying for long-term care include long-term care insurance, Medicaid and your own money. The problem with Read More

Hundreds of thousands of people in Georgia and throughout the United States die without ever having executed final wills and testaments. Similarly, many elders ignore the need for long-term care planning, which can cause a lot of complications in their lives when sudden needs arise that they are not prepared to meet. There are several significant reasons why so many older people ignore this late-life issue.   Beyond Read More

Thousands of adult children in Georgia and throughout the nation have become care providers for their aging parents. These sons and daughters no doubt love their parents and are doing their best to balance their own family life and professional obligations with the amount of time they spend at the homes of their parents, helping them with any number of issues, such as cooking, personal hygiene, transportation and Read More

Food icon Anthony Bourdain’s fans in Georgia and throughout the country were saddened at the recent headlines that announced his sudden, unexpected death. He was the father of an 11-year-old girl. He had also been planning to divorce his wife; however, the divorce was never finalized. While some estate analysts who have reviewed his situation say he did not leave behind a thorough enough plan, one thing he did do was Read More

Adults of all ages can benefit from establishing trusts for the assets they plan to leave to their heirs. But there are multiple types of trusts, and no one-size-fits-all version to fit every circumstance. Estate planners sometimes recommend incentive trusts to their clients. Would this type of trust be helpful in your situation? Read on to find out. What is an incentive trust? This is one estate-planning tool that Read More

Many Georgia families include elders who are nearing or have entered their golden years. Loved ones beyond age 65 are often sources of great stories that provide information about family lineage, or they may simply share humorous, touching or interesting memories from the past. As adult children do their best to help their aging parents get their finances and other issues in order so they can enjoy their late-life Read More

Many Georgia residents have come to a place in their lives when they need outside support and assistance for daily living. Such situations do not always directly pertain to medical needs. Some people, in fact, still live independently at home but need help cooking, running errands or going through daily personal hygiene routines. It’s not uncommon for elders to mistakenly believe that Medicare will cover the cost of Read More

When Georgia parents take on the solemn task of choosing adults to step in and become legally responsible for their children should they themselves die or become incapacitated, they often choose close family members to fulfill the role. However, choosing a legal guardian is a serious matter that parents should only make after considering various factors, including whom they believe would act in their children’s best Read More