Regardless of their level of wealth, people in Georgia can benefit from estate planning. However, people often make mistake when establishing their final wishes for the future. Here are some common mistakes one should avoid when creating an estate plan. ...
Protecting Your Golden Years
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Cumming Georgia Estate Planning Law Blog
Is the executor you have in mind a good fit for your estate?
Executing an estate plan is one of the most important undertakings you’ll have in life. As you choose which documents to incorporate into your plan, you may also designate certain people for specific duties. For instance, you may wish to designate an executor for your...
Understanding Medicaid Estate Recovery
Those in Georgia who are on Medicaid or have loved ones receiving Medicaid benefits need to understand a few things about the program. In an attempt to recoup expenses associated with the long-term health care of Medicaid recipients, Georgia’s Medicaid can use...
Removing an executor
When people in Georgia and elsewhere create wills, they typically name a trusted person to act as executor. An important role, an executor is responsible for administering all aspects of the will in accordance with its stipulations and navigating probate to close out...
The problem of undue influence
Many people in Georgia have created estate plans to protect themselves and their assets and specify their wishes for the future. When creating a will, a testator must be of sound mind and able to make all decisions regarding the plans for the estate. However,...
Protecting one’s cryptocurrencies and digital assets
Traditional asset protection has involved using various instruments to safeguard individual or company assets from unsecured creditors. These assets have typically included things such as bank accounts, brokerage accounts, valuable art and collectibles, and other...
Know the difference between Medicaid and Medicare
If you’re an adult child of aging parents in Georgia, you may be glad to know that there are federal programs in place to assist your loved ones. Determining which program best fits your parent’s needs can be challenging. Medicaid is a federal healthcare program...
Thousands to lose Medicaid coverage in Georgia
Hundreds of thousands of people in Georgia rely on Medicaid for their health insurance. Through the Affordable Health Care Act, many residents were able to gain access to health insurance, and thousands more signed up during the continuous coverage period instated...
Increase in millennials seeking estate planning
One of the most common misconceptions regarding estate planning is that it is only for those in advanced years or for those with considerable assets and wealth. The truth is that all people at all income levels and ages can benefit from this important process. One...
Georgia recovers more than $85 million in civil suits
Apparently, there are a lot of unscrupulous people in Georgia who would seek to defraud the Medicaid system as well as many of the state’s elderly residents. On April 5, 2002, Georgia Attorney General Chris Carr announced the results of lawsuits the state had...