Given that fewer than half of us actually have a Last Will and Testament, one would think that every created will would be a reason for celebration. On a certain level, it is. After all, the creation of a will is a sure sign that the testator has taken his responsibilities in that area at least somewhat seriously. On the other hand, the simple act of creating a will does not necessarily mean that your estate planning duties have actually been met. For a variety of reasons, that will you created … [Read more...]
Want to Help Prevent Alzheimer’s? These Columbus Researchers Need Your Help
Alzheimer’s is a horrible affliction that has been on the rise in Georgia and across the nation. By some estimates, the number of seniors in the state who are expected to suffer from the disease in the next decade is expected to grow by more than 46%. That’s a frightening possibility that should provoke a renewed effort to find a solution that can help to prevent the disease. In Columbus, Georgia, a group of researchers has launched a clinical trial that is designed to find a medical solution … [Read more...]
Seven Signs That Your Loved One Isn’t Receiving Proper Nursing Home Care
Elder abuse and neglect remains a major concern throughout the United States, despite a host of laws passed to prevent our seniors from suffering mistreatment. Sadly, far too many of these instances of abuse occur in the presumably safe environment of nursing homes and other long-term care facilities. If you have a loved one in a nursing home, though, that abuse or neglect might not always be as obvious as you might think. To make matters worse, your loved one might not inform you of the poor … [Read more...]
Consider Executor Duties During Your Estate Planning Efforts
One of the most challenging aspects of the probate process involves the responsibilities that every executor faces when the maker of a will passes away. Often times, people give little thought to those duties when they’re making out wills or developing estate planning strategies. Unfortunately, that can leave an executor in the position of trying to make sense of complex will provisions, organizing disorderly records, and dealing with creditors that are sometimes difficult to identify. All of … [Read more...]
Estate Planning and the Georgia Estate Tax
When it comes to estate planning, estate taxes are often one of those issues that can be more than a little confusing for many individuals and their families. While the estate tax has been an issue that has been much debated at the federal level in recent decades, it remains a thing of mystery to many Americans. A large number of Americans even confuse it with the inheritance tax, and sometimes use those two terms interchangeably. When you’re engaged in serious estate planning, however, it is … [Read more...]
Elder Law and Rising Nursing Home Costs
Georgia seniors who find themselves in need of long-term care are often faced with some difficult choices. Many of these older residents lack the resources needed to cover costs that average more than $180 a day, especially when they require ongoing care for months or even years into the future. And while there are government benefits that can provide assistance to seniors who need help paying for these rising nursing home costs, some seniors struggle to meet the eligibility standards for those … [Read more...]
Rely on an Atlanta Probate Lawyer for Your Probate Needs
The aftermath of a loved one’s death is a period of time that is filled with grief and sorrow. Unfortunately, many family members are also faced with the burden of the probate process as the decedent’s estate goes through a court-supervised period in which assets are identified, debts are settled, and inheritances are distributed to surviving heirs. For most people, the last thing they want to do in the midst of their grieving period is deal with issues related to their loved one’s estate and … [Read more...]
Elder Law and the Need for Nursing Home Insurance
According to some estimates, 69% of Americans who live to be at least 65 years of age will at some point in their life require long-term care. Though people in the United States now live longer than ever before, that added longevity comes at a price in terms of medical ailments, disease, and age-related injuries. As a result, the chance that you’ll one day need nursing home care has risen dramatically in recent decades. The problem is that nursing home costs have also risen to astronomical … [Read more...]
The Irrevocable Trust: How to Recognize When You Need it in Your Estate Planning Strategy
Revocable trusts have become a fairly popular estate planning tool for many Americans in recent days, as many individuals and families have jumped aboard the “probate avoidance bandwagon.” Obviously, there are many benefits that attract these people to that type of trust, and there is no denying that the living trust is a great way to ensure that probate proceedings are rendered unnecessary for the settlement of your estate. At the same time, however, it is important to know that there is … [Read more...]
Estate Planning Essentials: The Testamentary Trust
For many people who first begin to consider their estate planning options, the words “living trust” can sometimes be a source of confusion – primarily because the other main type of trust receives only scant attention. In fact, some people just think that the living trust is the only fundamental type of trust out there, and that the only real differences between trusts are their ability to be revoked and the purposes for which they are designed. The fact is, the living trust has a counterpart: … [Read more...]
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