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You’ve started working on your estate plan and initially used a living will. This allowed you to leave specific medical instructions, such as a preference not to be resuscitated or kept on life support. Now, you’re considering using a medical power of attorney...
When drafting an estate plan, you have many options to design a plan that works best for your family. Certain beneficiaries may have specific needs, or you may have spoken with them in advance about how to distribute assets. Often, beneficiaries assume that asset...
Estate planning in Georgia often leads people to consider revocable trusts. This popular tool offers benefits but also has drawbacks. Let's explore the pros and cons of revocable trusts in Georgia to help you decide if they fit your estate plan. What is a revocable...
Many older adults preparing for their golden years want to age in place. They aim to keep their cost-of-living expenses low by remaining in their home and relying on people they know for basic support. However, not everyone is fortunate enough to achieve that goal....
In Georgia, traditional domestic asset protection trusts (DAPTs) are not permitted, potentially leaving your foreign and domestic assets unprotected. However, a hybrid domestic asset protection trust (HDAPT) offers a viable alternative for asset safety. An HDAPT...
You are young, healthy and busy building your life. Estate planning might seem like a premature idea, something for older relatives or retirees. But life is unpredictable, and having an estate plan in place can bring peace of mind and protect your loved ones, no...
You may think of your pets as cherished family members, and planning for their care can help prevent them from facing uncertain futures or ending up in shelters. Addressing your pets in your estate plan can help you feel more confident that they will be cared for if...
When someone passes away, there is a wealth transfer. Their assets move on to the next generation. If they die intestate – without an estate plan – then state law may dictate how these assets should be divided. If they make an estate plan, they can choose...
As people age, preparing for the future becomes crucial. Cognitive decline could affect their ability to make decisions and manage our affairs. Thankfully, estate planning can help people prepare for cognitive decline, ensuring that both they and their loved ones have...
Politics always could arouse heated discussions, but the current political climate in the U.S. is seeing things taken to even more extreme levels. The polarization of politics, in part aided by the influence of social media, has led to a situation where many families...