October 2017 Archives

Long-Term Care Options for Estate Planning

Long-Term Care Options for Estate PlanningLong-term care is an essential part of estate planning for those who are no longer able to care for themselves or suffer from serious health issues. Long-term care can be provided in many ways, and there are numerous options available when planning for the future of you and your loved ones.

The many benefits of a trust in Georgia estate planning

Estate planning can be a complicated process. Of course, you want to ensure that your loved ones and family members will have access to assets after you pass on. You also probably want to make sure certain assets go to certain people. You may have minor children, special needs family members or even beloved pets who require care after you die. A trust is an ideal way to provide for all of those concerns.

Specific wording needed in residuary clauses for asset protection

Helping an aging parent solidify an estate plan can be challenging. Many adult children in Georgia face complicated situations regarding asset protection that make executing estate plans difficult. Much stress can usually be alleviated by enlisting the help of someone who is well-versed in long-term care planning.

Is it time to explore assisted living options?

Many adult children in Georgia do their best to help their aging parents enjoy their lives as much as possible in their golden years. Some have health concerns and other impairments that necessitate additional help and support. It can be a very difficult and emotional experience trying to determine whether assisted living care is needed.

How an Irrevocable Trust Benefits Your Estate Planning and Future

How an Irrevocable Trust Benefits Your Estate Planning and FutureProtecting your assets is a fundamental goal of estate planning. It ensures that assets are managed and distributed appropriately based on your preferences. Irrevocable trusts are just one of many tools used in estate planning. They reduce the tax burden of your estate and allow you to transfer its value to loved ones. But there are many other benefits of an irrevocable trust.

When adult children fight of estate planning issues

Many Hollywood fans grew up enjoying the antics of famed actor and comedian Jerry Lewis. Georgia residents were likely among many others throughout the nation who mourned his death at age 91 from heart failure. Since then, news has gone viral regarding several estate planning decisions Lewis reportedly made before he died.

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