Estate planning for adults with special needs

Adults with special needs have unique requirements when it comes to planning for the future. Millions of adults are affected by physical, cognitive, and other health issues. Making sure that loved ones have everything they need is an essential part of estate planning. Chronic health conditions that impact the needs of adults call for ongoing care and resources. Estate planning provides you with the peace of mind in Read More

Understanding resident rights in long-term care facilities

Long-term care facilities offer valuable services to individuals and their families. But legal issues can arise that compromise the wellbeing of residents. Understanding resident rights in long-term care facilities helps you protect the rights of you or your loved ones.  The proper legal resources prevents unwanted issues and ensures that you and your family obtain the long-term care you need.  Common Legal Issues in Read More

Taking care of aging parents? Care for yourself, too

Many adult children find themselves in the crucial position of helping their parents create and execute a plan for growing older. Even with modern advancements, the process of aging is still a complex and expensive one. If you are one of the thousands of adult children throughout the country who have had the privilege of assisting your parent in this way, you know just how vital it is for you to get your own affairs Read More

Securing the future of your special needs child

When you are a parent of a special needs child, it is hard to imagine anyone else being able to provide the same level of care, love and attention to your son or daughter. However, a day could come when you and the other parent of your child are no longer able to fulfill your caretaking responsibilities. You might be a fit 40-something who is able to lovingly provide for your child right now, but an accident can Read More

Understanding the benefits of a living trust

Planning your estate is an important step to take for the future. It requires challenging decisions that affect the distribution of assets, the care of loved ones, and other aspects of your life. A living trust can provide many benefits to you and your family. It’s used to determine the distribution of assets after you’re gone, and there are different types of living trusts that you need to be aware of. The following Read More

Trusts: 3 reasons a pet trust Matters

You’re aging, and you love your pets. While you may well be alive for as long as your puppy or kitten survives, there’s always the chance that you might pass away before he or she does. What happens to your pooch or cat if you can’t take care of him or her anymore? Will someone automatically adopt your pet, or should you take precautions? One way to move forward is to include a pet trust with your estate plan. A pet Read More

How life insurance can present estate planning complications – III

In a series of ongoing posts, we’ve been exploring how those who take the responsible step of securing a life insurance policy should strongly consider creating an irrevocable life insurance trust or ILIT. To recap, the advantages of an ILIT are that its creation will serve to remove the life insurance policy from a person’s taxable estate, meaning their estate taxes will be lower given that the size of their overall Read More

Conservatorships and guardianships

Sometimes, minor children in Georgia cannot rely on their parents to provide appropriate levels of supervision and care. In such cases, the court system may approve guardians or conservators to protect the interests of these kids. The reasons why a child might need a court appointed guardian or conservator vary. In some cases, a child’s parents are dead, have a severe mental illness or suffer from incapacity due to Read More

Why Trump may not use a blind trust like other presidents

Georgia residents may be aware that President-elect Donald Trump is set to become the wealthiest president in U.S. history. With a portfolio of about 500 companies and business deals in several foreign countries, Trump has a multi-billion dollar empire that is raising a lot of questions about potential conflicts of interest. Many people who enter political office assuage the public’s fears about conflicts of interest Read More

What do you really know about guardianship and conservatorship?

While most people would prefer not to think about it, there may come a day when an elderly parent or even a younger loved one is no longer able to care for themselves either physically or financially. As difficult as it can be to accept this loss of capacity on a personal level, matters can rapidly become even more difficult when questions arise as to who will assume the role of primary caretaker, and how this can Read More