Protecting your assets is a fundamental goal of estate planning. It ensures that assets are managed and distributed appropriately based on your preferences. Irrevocable trusts are just one of many tools used in estate planning. They reduce the tax burden of your estate and allow you to transfer its value to loved ones. But there are many other benefits of an irrevocable trust. Knowing what an irrevocable trust is and Read More

Many adult children in Georgia do their best to help their aging parents enjoy their lives as much as possible in their golden years. Some have health concerns and other impairments that necessitate additional help and support. It can be a very difficult and emotional experience trying to determine whether assisted living care is needed. Some older people resist leaving the homes they have lived in for years, perhaps Read More

Power of attorney (POA) is an estate planning instrument that authorizes another individual to act on your behalf in legal, personal, and professional affairs. But granting this authority can put people at risk for abuse. In many cases, the person who has issued the POA (grantor) may be incapacitated due to age, health issues, or financial limitations. This increases the damages that may be caused when the person Read More

Helping an aging parent solidify an estate plan can be challenging. Many adult children in Georgia face complicated situations regarding asset protection that make executing estate plans difficult. Much stress can usually be alleviated by enlisting the help of someone who is well-versed in long-term care planning. Many people understand the importance of helping elderly parents get their estate plans in order. Read More

Estate planning can be a complicated process. Of course, you want to ensure that your loved ones and family members will have access to assets after you pass on. You also probably want to make sure certain assets go to certain people. You may have minor children, special needs family members or even beloved pets who require care after you die. A trust is an ideal way to provide for all of those concerns. A trust gets Read More

Many adult children in Georgia have parents who reside full time in assisted living centers. Even those who are able to visit their parents regularly are not always able to observe (as closely as they would like) the type of care their parents are receiving. A situation at a nursing home in another state has left one man’s daughter, who also happens to be a nurse, angry and suspecting abuse. The woman’s sister Read More

Long-term care is an essential part of estate planning for those who are no longer able to care for themselves or suffer from serious health issues. Long-term care can be provided in many ways, and there are numerous options available when planning for the future of you and your loved ones. Long-Term Care Issues in Estate Planning Long-term care allows individuals to meet their daily needs. These include bathing, Read More

Many Georgia parents take the time to execute thorough estate plans to protect their assets and provide for their loved ones after they’re gone. Just as many parents must intervene when their young children squabble and bicker, there also seems to be an increase of sibling rivalry where estate planning documents are concerned. The only difference is, if children are adults and fight over a trust or some other aspect Read More

Many Georgia residents (and those elsewhere) avoid the topic of their own mortality like the plague. Others understand the potential benefits of such discussions, especially when it comes to estate planning. Procrastination in organizing an estate arises for many reasons. Often, it is lack of knowledge about a particular issue, such as trust planning, that keeps people from moving forward with their estate plans. An Read More

Many Georgia homeowners are currently trying to determine the best way to provide for their loved ones when they’re gone. How to distribute assets, in particular, who should get the house, is a pressing question that often leads to more questions before answers are discovered. Many people have a difficult time choosing whether to execute a will and include their homes as inheritance or whether to place their houses Read More