Monthly Archives: April 2025
What is a Medicaid Asset Protection Trust?
Older adults who require costly long-term care in a nursing home should make Medicaid planning part of their estate plan with help from an experienced attorney in Gwinnett County. Whether you are starting to think about the future while you are in your 40s or 50s, or you are seeking help for an elderly… Read More »
Common Types of Trusts in Georgia
Trusts are common components of estate plans in Norcross and throughout Gwinnett County, and establishing a trust could be a good idea for you. A trust is a specific type of legal arrangement in which one party creates this particular kind of arrangement (this party is known as a “settlor” under Georgia law; this… Read More »
What is a “Springing” Power of Attorney?
In Georgia, powers of attorney (POAs) are an important part of estate planning. A power of attorney is a particular kind of legal document through which the person making the document can name another person (known as the “agent” or “attorney-in-fact”) who can make decisions on their behalf. As Georgia.gov explains, there are two… Read More »
What is a Testamentary Trust?
Georgia allows residents to create many different types of trusts as part of their estate plan, including both revocable and irrevocable trusts that can ensure family members receive assets quickly without having to go through probate or that can allow the person who makes the trust (known as the settlor, grantor, or trustor) can… Read More »
Where Is the Best Place to Store Your Original Estate Planning Documents?
Estate planning attorneys are often asked where original estate planning documents—wills, trusts, powers of attorney, and healthcare directives—should be stored for safekeeping. While there is no right or wrong answer to this question, consider the following: Should you store your original estate planning documents in your safe deposit box? Some people believe that the… Read More »
What is a Power of Attorney?
Estate planning in Norcross has many components, and the specific process for developing an estate plan will depend on the individual and their needs. Everyone in Gwinnett County should have certain estate planning documents and tools, including a will and an advance directive for health care. In addition, most people should consider drafting a… Read More »
Medicaid Planning and Estate Planning in Georgia
Nobody wants to think about aging and potentially requiring long-term care in a nursing home or assisted-living facility. However, according to Health and Human Services (HHS), more than two-thirds of adults (70 percent) who reach the age of at least 65 will require long-term care at some point in their lives. About one-quarter of… Read More »
4 Tips to Avoid a Will or Trust Contest
Fighting over provisions in your will or trust can derail your final wishes, rapidly deplete your financial legacy, and tear your loved ones apart. However, with proper planning, you can help your family avoid a potentially disastrous fight. If you are concerned about challenges to your estate plan, consider the following: Do not attempt… Read More »
Top Reasons to Make a Will
Every adult in Georgia should have a will regardless of the value of their assets and regardless of their age and health. While making a will might be a more pressing concern for an individual who is going through a particularly serious health issue, or for a high net worth individual, wills serve important… Read More »
Can My Family Avoid Having to Go Through Probate?
After a loved one dies, a process known as probate begins. The probate process is a legal process through which the deceased’s will is validated, and through which the executor of the estate will pay out remaining debts and taxes of the deceased, and ultimately will oversee the distribution of the deceased’s assets according… Read More »
