Many individuals and families think that estate planning is only for the very rich, the kinds of people you see on television living the “good life.” The truth is, almost everyone can benefit from having an estate plan of their own, and having it prepared by an attorney who focuses on this area of the law. Why?
For one thing, if you don’t have your own plan, you won’t have any control over how your assets are distributed. The IRS, state of Georgia and the probate court will decide who gets what, and when. In addition, you won’t have any control over who will make financial or healthcare decisions for you if you become incapacitated and can’t make those decisions for yourself. Again, a court process will be in control.
By having your own, well-designed estate plan, you can organize and remain in complete control of your affairs. You can also:
- Continue to enjoy the lifestyle you and your family have become accustomed to when you retire
- Protect your assets from the high cost of nursing home care
- Receive adequate medical care should you become incapacitated
- Ensure your wishes are carried out in a medical emergency or end-of-life situation
- Give what you want, to whom you want, when you want, in the manner you want
- Preserve a lasting legacy by passing your values on to family, future generations and the charities or other institutions that have come to mean the most to you in life
Depending on what you are looking for from your estate plan, we can help you accomplish all of these goals and more. We can provide you with basic services, or more advanced planning, if that is what you need. Either way, we will do whatever it takes to make sure your concerns and goals are addressed. Our experience and knowledge of the laws in this area also means that even if you already have an estate plan, we can probably make it significantly better. And if you haven’t had your plan reviewed for several years, you should call us to take a look at it. An outdated plan can be worse than not having a plan at all.
The estate planning services we provide include:
Foundational Estate Planning
- Powers of Attorney
- Health Care Directives
- HIPAA Authorizations
Advanced Estate Planning
- Revocable Living Trusts
- Family Limited Partnerships
- Gift Programs
- Irrevocable Trusts, Life Insurance Trusts, Qualified Personal Residence Trusts
The Sooner The Better
Many individuals and families also wonder when they should start to think about estate planning. Based on our experience, we believe the best time to begin is as soon as possible—today! The earlier you contact us, the greater the number of strategies and legal tools we can put to work on your behalf.