One area that you need to think about as you age is how your finances and your estate might be impacted if you have to enter a skilled nursing facility. Many people don’t realize that this can quickly deplete many estates, which would mean that your loved ones won’t...
Caring For You In The Long Term
Estate Planning
What responsibilities do Georgia executors have?
Almost anyone who assumes a position of trust in managing someone else's finances, such as an attorney, accountant or financial planner, Executors of estates are also fiduciaries. Executors of estates have multiple responsibilities, all of which aim to protect a...
Reasons to challenge the validity of a loved one’s will
The death of a family member can represent a challenging time for heirs and surviving loved ones. Unfortunately, the situation can become emotionally charged when one or more individuals believe the will to be invalid. When this happens, it is wise to understand your...
Preventing the common estate issues that hurt blended families
Divorce and subsequent remarriage have become incredibly commonplace. Blended families are no longer unusual but part of mainstream American culture. However, they still have special legal considerations that you shouldn't ignore. You probably reviewed your estate...
Options for preserving your Medicaid eligibility
There are a variety of circumstances that may warrant someone becoming a Medicaid recipient. Individuals with lower incomes or disabilities often rely on this government-subsidized insurance coverage for their basic medical care or nursing home costs. These recipients...
Why do you need to start your long-term care planning when you’re young?
Most people think that long-term care planning is something that only older people need to worry about -- but that's not true. Long-term care planning is something that's best to contemplate while you're still young (or relatively so). There's no guarantee that you...
You’ve selected someone to be your health care proxy: Here’s what to do next
Picking someone to have your medical power of attorney wasn’t easy. After all, you had to find someone who was willing and able to take on the responsibility. They also had to be someone who understands your wishes and is comfortable following them. After a tough...
Finding the right guardian for your child
For parents, an important part of estate planning is choosing a guardian for a child who is still a minor. It may be hard to think of anyone replacing you, but that’s exactly what they need to do in case something happens to you before your child turns 18. Most...
Worried about debt? Some estate planning steps could help
As you reach retirement, one thing you may start looking at is how much debt you’re carrying. If you have a significant amount of debt, you’ll start focusing on paying it off. If you are concerned that there may come a time when you won’t be able to afford to pay down...
Why would you leave someone one dollar?
In researching your estate planning, you may have heard that some people choose to leave a specific heir just a single dollar. It sounds controversial and almost insulting, but is there a reason that people opt to do this? Usually, people do it because they intend to...
