Planning for the future and designating someone who will be responsible for your child's care and well-being is undoubtedly one of your utmost priorities when you are the parent or guardian of a child with special needs. Furthermore, the thought process can be an...
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Estate planning
Are these issues why you’re hesitant about estate planning?
Many Georgia residents will die in 2024, and there is no way to predict who it will be. You might be young and think you’re in good health, yet a sudden accident or other issue could cause an untimely death. In fact, the only thing that is 100% certain in life is that...
Preserving assets for your child with special needs
As a parent, you instinctively work to ensure your child's safety and well-being. If your child has special needs, you face unique challenges that require thoughtful planning to secure their future, especially for a time when you might not be there to offer your care...
Why should I keep beneficiary designations updated?
Creating an estate plan may follow a standard process, but you can take a different approach based on your needs and unique circumstances. Some people invest in property, while some prefer to have financial products, such as retirement or insurance plans. Fortunately,...
How dementia can increase the risk of elder financial abuse
Elder financial exploitation is one form of elder abuse that refers to the illegal or improper use of an elderly individual’s money, property or resources for personal gain. Any person, even a caregiver or family member, could attempt to manipulate an elder person who...
When is a will ineligible for probate in Georgia?
Probate is often a standard process to administer an individual's estate based on the wishes usually documented in a will. It can include various details concerning the deceased's estate and family. Since it can address different issues, the surviving family can use...
How can a trust protect and preserve your assets?
A trust is an effective estate planning tool for preserving and protecting assets. It is a sheltered legal arrangement that you can structure to meet your specific goals and needs. However, you must consider who and what you want to protect your estate from before you...
How to make trustee appointments based on your estate
One of the most vital decisions when establishing a living trust is who to assign as a trustee. This position holds significant duties involving you, your estate and your beneficiaries. Typically, you could give this role to someone you can depend on. They should be...
When can you change your executor?
You can make any changes to your will after writing it, including changing your executor. Even though you may have taken calculated steps to choose a reliable executor, you may need to change them in the future. Here are four reasons that may call for this: 1....
When should you update your estate plan?
Circumstances may change in your life after drafting your estate plan, in which case, it will be outdated. Accordingly, you will need to review it and make the necessary changes. This guide highlights six instances that may call for updating your estate plan: A new...