Of A Lifetime Of Hard Work
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...
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...
You may be involved in relationships or situations in life where you owe someone a duty of care or vice versa. For example, if you are receiving medical care or treatment from a licensed physician, he or she owes you a duty of care and must act in accordance with...
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....
Raising a child with special needs can be challenging for you, them and any siblings they have. Making extra arrangements in your estate plan can go a long way to stabilizing the future for all of you. If your child outlives you, as they hopefully will, they may need...
Like most Georgians, chances are you have a parent or a close relative in a nursing home. But nursing home fees can cost an arm and a leg. Even if they have Medicare, this would only take care of a short-term home at the nursing home. Medicaid planning is a...
Circumstances may change in your life after drafting your estate plan, in which case, it will be outdated.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...
A will is one of the most significant legal documents you can ever draft. With a properly drafted will in place, you may be at peace knowing that the empire you have worked so hard to build will pass down to the people and causes you approve of. Without one, on the...
Every state, including Georgia, has its own set of regulations and guidelines to govern the assisted living care industry. You might encounter different policies in each facility. However, all staff members and administrators must adhere to state laws and act in...
Individuals over the age of 65 and those with special needs require expensive and long-term care but may not have the financial resources for it. Medicaid is a government-sponsored health insurance program that the state and federal governments designed to provide...