Many people find estate planning stressful for a variety of reasons. Some are challenged by the notion of contemplating their own mortality, while others struggle to decide whether their children should be treated equally in their asset distribution plan. While those...
Understandably, it can be difficult to think too far in the future. However, when it comes to planning for the future, specifically your elder years, it is important to consider many scenarios. With much of the aging population spending their final years in a nursing...
Independence is a path that many Georgia residents plan to follow as they move into their retirement years. After decades of saving and planning, they may reach the point in their lives where they are able to stop working and to focus on their families, their...
Life doesn’t always go the way we predict. Even when we take measures to prepare for the future, something unexpected can change what we planned for down the road. If you already have an estate plan in place, you’re off to a good start. However, it’s essential to...
This blog has recently discussed the importance of having a will which is an essential cornerstone of the estate planning process and an overall estate plan. Estate planners may wonder what else, if anything, they should include in an effective overall estate plan....
Determining what happens to a person’s estate when they die will generally depend on whether they had an estate plan in place and where they lived. During the probate process in Georgia, the court will first determine whether the decedent had a valid will in place. If...
Many older people will face a diagnosis of Alzheimer’s or dementia. Around a quarter of Americans will develop a cognitive impairment after the age of 65 with half coming down with Alzheimer’s disease after the age of 85. Planning for such an event is important in...
For many Atlanta area residents planning for long term care is important. Long term care, including assisted living and other skilled nursing care is extremely expensive and a person can run out of money quickly. Planning ahead for long-term care can be beneficial for...
When making plans for the future, one key consideration is an advance directive. This document – which is generally made up of four parts – allows you to express your health and medical care preferences ahead of time. One aspect of this is the selection of a health...
Creating a comprehensive and effective estate plan can seem complicated. For Georgia residents who are dealing with concerns about estate planning and how to allocate their property after death, it is important to be cognizant of common mistakes that can negatively...