Many Georgia residents include health care directives as part of their estate plans. The estate planning process is easily customized; so, although there are commonly used documents in many types of plans, each person is able to choose what or what not to include to...
Month: August 2017
What will happen to your digital treasures once you die?
One of the most remarkable changes from the electronic age has been the introduction of online accounts and cloud storage. Whether or not you intentionally store your photos, stories, blog posts, and email correspondence on a cloud-based storage platform, you're...
Tips to help bring up long-term care with your parents
Having "the talk" with your parents about long-term care may seem like a conversation you never want to have. It not only forces you face their mortality, it also forces you to face your own.Fortunately, it does not have to be a long conversation you have following...
A long-term partnership policy may make home care more affordable
Over 90 percent of older Americans are lacking long-term care insurance. Premiums have skyrocketed over the last decade, and some insurers have exited the market. It has declined in popularity largely due to its unaffordability for many seniors.Yet over 6 million...
Study: Only a third of us have living wills or healthcare proxies
Advance directives such as living wills and healthcare proxies are important tools for end-of-life decision-making, yet only about a third of American adults have them. Moreover, people who have chronic illnesses are only slightly more likely than others to have...
A trust can protect your child’s inheritance in case of divorce
There are a lot of reasons why you might consider creating a trust for your assets. Perhaps you have a large estate, and you want to prevent tax issues. Maybe you're concerned about the financial habits of a child or grandchild. Sometimes, people want to protect...
To protect your loved one’s wellbeing, planning truly is critical
The New York Times recently ran an in-depth story about one victim of financial exploitation by a companion-caregiver who was acting as guardian to an elderly gentleman. Initially, the woman contacted her companion's family saying that she was no longer able to care...
Are you in your 50s? Follow these estate planning tips
As you age, you may soon realize that your estate plan is no longer exactly what you want it to be.It may be frustrating to learn that you need to make some changes, but it's good to know that you are able to do so in an efficient manner. Of course, this only holds...
