Estate Planning During the Divorce Process

Posted & filed under Wills.

When you are going through a divorce, thinking about estate planning is not something that would occur to most people. However, it is something that you should consider because the divorce process can take several months or more.  During that time, if anything should happen to you, your existing estate planning documents would be in… Read more »

Long Term Care Asset Protection Planning

Posted & filed under Wills.

With rising health care costs and longer life spans, many people with modest wealth have concerns about how they are going to pay for quality care without leaving their families destitute. Asset Protection is not just for the super wealthy when it comes to long term care. Some of the options you have are 1)… Read more »

TRUSTS

Posted & filed under Wills.

Trusts are not just for the very wealthy and can be a useful tool for your family under certain circumstances, such as: –       you have children under age 18 and want their financial needs to be met in a reasonable manner –       you have children who are young adults and you want them to receive… Read more »

Medicaid Planning

Posted & filed under Wills.

Nursing homes are a big expense that many of our elders face or will face and these costs will continue to rise.  One way to soften the expense of nursing homes comes from Medicaid. Medicaid helps to supplement nursing home costs if the senior citizen meets the eligibility requirements. Eligibility is determined by assessing an… Read more »

Advance Directive for Health Care

Posted & filed under Wills.

No one wishes to be incapacitated and unable to make decisions about their health care. But it is something we should all consider and in Georgia we have a document that gives instructions as to your wishes if you are unable to make those decisions. The Advance Directive for Health Care (“ADHC”) is a document… Read more »

WHEN IS IT TIME TO UPDATE YOUR WILL?

Posted & filed under Wills.

Your Will or Revocable Living Trust, Advance Directive for Health Care and Financial Power of Attorney make up your estate plan documents. These documents work together to give you the peace of mind knowing that your family will be taken care of in the way you wish if anything happens to you. It is a… Read more »

Financial Power of Attorney

Posted & filed under Wills.

A Financial Power of Attorney (FPOA) is usually inexpensive, fairly simple to draft and can be a very helpful in estate planning. A properly created and executed FPOA, if needed, can save your family time and money. The FPOA is a document that allows you to appoint someone to make financial decisions, handle financial matters,… Read more »

A document that you and your family will be glad you have…

Posted & filed under Wills.

An Advance Directive for Health Care (ADHC) sounds like something you don’t want but you really should have one. With this document, you can choose the people you want to make health care decisions for you if you are unable to make those decisions yourself.  The people you choose will be your health care agents… Read more »

Ensure Your Will is Valid by Making Modifications Legally

Posted & filed under Wills.

I want to make a simple change in my Will. Can I just cross out words I want to change and initial? This is a common question we get from our clients. The answer is a resounding no. Under the laws of the State of Georgia and many other states, in order to modify a… Read more »