What do you really know about guardianship and conservatorship? – II

Last time, we started discussing how the law here in Georgia provides two legal mechanisms through which families can definitively establish who will care for loved ones who are no longer able to care for themselves. Specifically, we discussed both guardianships and conservatorships. To recap, a guardianship vests an appointed individual with the power to make decisions related to personal health and safety on behalf Read More

How life insurance can present estate planning complications – II

Last time, our blog discussed how certain life events from marriage to the birth of a child often prompt people to take certain actions to prepare for the future, including securing a life insurance policy. We also discussed how even though this was a laudable and practical step, it could present certain complications from an estate planning perspective. Specifically, we explored how the estate tax liability for a Read More

Understanding the truth about trusts

There is no question that estate planning is typically not an easy topic for most people to consider. This is largely because most people are either uncomfortable with the notion of addressing their own mortality, or feel that such measures are unnecessary given what they view as their limited assets and relatively good health. While many people who fall into this category eventually come around and understand the Read More

How life insurance can present estate planning complications

There comes a time in many people’s lives when they decide it’s time to start taking things like their career, finances and even long-term planning a bit more seriously. For many people this happens after marriage, the birth of a child or even the death of a loved one. One of the first objectives of those armed with this sense of purpose is to secure a life insurance policy such that in the event of their untimely Read More