On behalf of J. Kevin Tharpe, P.C. | May 15, 2020 | Trusts
Many people set up trusts so that they can divide their assets among their heirs. There are additional reasons for setting up trusts, however, such as caring for someone who cannot take care of themselves. In instances like these, setting up a trust can ensure that...
On behalf of J. Kevin Tharpe, P.C. | Apr 20, 2020 | Trusts, Uncategorized
At their most basic level, all trusts work by having a trustee manage property placed in the trust for the profit of the beneficiary or beneficiaries. However, there are several trusts available to individuals living in the Gainesville, Georgia, area. Before you can...
On behalf of J. Kevin Tharpe, P.C. | Mar 26, 2020 | Trusts
Have you been thinking about estate planning more often than usual lately? As the parent of a special needs child, you may be feeling higher levels of anxiety regarding your child’s future care in light of the coronavirus pandemic. Completing your estate planning may...
On behalf of J. Kevin Tharpe, P.C. | Nov 19, 2019 | Trusts
You’re looking into getting your estate plan in order, but it can be hard to know where to turn with so many options. Everyone knows about wills, but a revocable living trust may hold the real answers to your planning questions. A revocable trust is a deposit account...
On behalf of J. Kevin Tharpe, P.C. | Jul 30, 2019 | Trusts
Many Georgians are adult children of aging parents. It is natural for a son or daughter to want to help mom and/or dad set up a long-term care plan. Estate planning often addresses long-term care issues and can include a financial power of attorney.An aging...
On behalf of J. Kevin Tharpe, P.C. | Jul 22, 2019 | Trusts
Many Georgia residents are waiting until they are older to get married, perhaps age 40, 50 or beyond. There are many reasons people say they’re choosing to wait to get married until later in life. Getting married at age 55 is definitely different than getting...
On behalf of J. Kevin Tharpe, P.C. | Jul 3, 2019 | Trusts
Georgia estate owners who wish to set aside property for their loved ones, but who also wish to help family members avoid probate, may wish to explore options that can help them achieve both goals. Setting up a living trust is a common means for managing property...
On behalf of J. Kevin Tharpe, P.C. | May 14, 2019 | Trusts
Long-term care issues can be complex. Many adult children in Georgia are currently trying to help their aging parents execute estate plans prior to transitioning to assisted-living residences. For many elders, forming a trust will be an integral part of their...
On behalf of J. Kevin Tharpe, P.C. | May 9, 2019 | Trusts
In Georgia and elsewhere, nursing home living is typically quite expensive. However, it is not uncommon for older people to need daily living assistance for any number of reasons. That is why it is always a good idea to think about asset protection and to plan for the...
On behalf of J. Kevin Tharpe, P.C. | Mar 19, 2019 | Trusts
Many adult children in Georgia assist their aging parents in long-term care planning issues. Executing an estate plan is often part of this process. Certain legal issues can be quite complex, such as those regarding choosing a trust. The type of document used can have...
