The title of an asset designates the legal ownership. When planning your estate details, you want to be sure you understand titling and how it can impact what happens after you die. Citizen Bank explains the title of property conveys to the court who owns it, so if...
Month: September 2021
3 characteristics of an effective special needs trustee
Using your estate plan to provide for a child who has a disability or special needs is a good way to cement your legacy. After all, even if your loved one qualifies for means-tested government assistance, the monthly funds he or she receives are likely to be meager....
The Medicaid Look-Back Period
Here is a scenario that many people find themselves in: they have to find a way to pay for a nursing home or other long-term healthcare facility that they cannot afford. Realistically, most people can’t pay these sort of costs out of pocket. It would not be out of the...
What can you accomplish by establishing a trust?
When you work on your Georgia estate plan, you may decide to use different estate planning tools to accomplish different estate planning objectives. While a will is an important component in your estate plan, certain circumstances may warrant the creation of a trust....
Do you know the signs of elder abuse?
Elder abuse is unfortunately a common issue. Some people take advantage of older people and treat them horribly because they feel nobody will believe them if they report it. To protect someone you love from abuse, you should understand the signs something is...
3 ways to avoid probate
When you work on your Georgia estate plan, you may want to make efforts that may help your loved ones and beneficiaries avoid probate. Probate is a sometimes complicated process that involves distributing your assets after you die. When assets go through probate, it...
Long-term care planning concerns affecting women
Women tend to outlive men, which raises the question of how they may cover their needs without a husband or second income. As reported by Kiplinger's Personal Finance, women represented 74% of the solo income households over the age of 80 in 2018. Women with...
