Monthly Archives: July 2025
What a Will Cannot Do
Making a will is a crucial part of estate planning for anyone in Gwinnett County. Yet it is also important to keep in mind that there are also other important components of estate planning that you should not neglect. To be clear, while a will can allow you to do a number of things… Read More »
Medicaid Estate Recovery
A large percentage of older adults in Georgia will likely need some form of long-term care after the age of 65. While nobody wants to think about the possibility of having to stay in a nursing home, or to move into a nursing home on a permanent basis, nearly 50 percent of adults aged… Read More »
Qualified Income Trusts or Miller Trusts for Medicaid
According to the Georgia Attorney General’s Consumer Protection Division, the average cost of a semi-private nursing home room in Georgia was more than $7,000 per month in 2021, and that cost has only risen in recent years and will continue to rise. For one year of care, that totals more than $84,000. In order… Read More »
Planning for Real Estate in a Foreign Country
The allure of a foreign land—perhaps where the weather is milder, the pace of life slower, and the cost of living lower—is a dream for many Americans who want to escape our country’s fast-paced, high-cost living. That dream can become a reality, and a tangible investment, for Americans who purchase a home overseas. Wealthy… Read More »
Is an Income-Tax Time Bomb Lurking in Your Estate Plan?
As the federal estate tax exemption has ballooned from $5 million in 2011 to $13.99 million today, the need for estate tax planning has drastically decreased. However, with a top marginal income tax rate of 37 percent, the focus of estate planning has shifted to a new frontier: income tax basis planning. The Basics… Read More »
Does Treating Your Children Fairly Mean Unequal Inheritances?
When thinking through their estate plan and how they want their assets (money and property) managed after they pass away, most parents wish to treat their children equally, often out of a sense of fairness. However, sometimes being fair or doing what is right by your children may mean giving unequal inheritances. The Key… Read More »
What is Elder Law and How Does It Relate to Estate Planning?
Elder law and estate planning are two separate areas of the law, yet they are closely related to one another. Both elder law and estate planning involve making plans about later in life and after death, including plans concerning a person’s medical care and long-term care when they need it. Often, estate planning lawyers… Read More »
Should I Discuss My Estate Plan with My Family?
When you are going through the estate planning process with a lawyer in Norcross, you may be wondering whether you should keep the details of your estate plan to yourself or discuss those details with your family members. While discussing the details of your estate plan can be complicated, it is almost always a… Read More »
