You may be taking care of elderly parents now or looking at that possibility in the near future. According to a report from USA TODAY/ABCNews/Gallup Poll, 41% of baby boomers are helping take care of elderly parents by providing personal help or financial assistance or both. If financial planning and long term care planning have not been done previous to
Include End-Of-Life Planning When Anticipating Long Term Care
2011 The Brown family reunion has always been an event everyone looks forward to. Family visits, games, stories and everyone’s favorite foods are always on the agenda. On the top of the menu is Grandmas Lemon Coconut Cake. Grandma always makes the traditional cake from her old family recipe. This year, however, the cake tasted a little on the salty
The specialty of Elder Law is becoming more important as our population ages. People are living longer, but in many cases, are not living better. “The number of older individuals in the population is projected to increase to 71.5 million in 2030, representing nearly 20 percent of the U.S. population. As a result, the need is growing for specialized legal advice about aging-related issues.
We spend our lives making plans and preparing for future events. From the beginning we plan and work towards education, a career, marriage and a family. We work hard and save, invest and build our assets. We insure to protect our home, automobiles, health and medical needs. Retirement age comes and our plan is finally in place. Finances and
Most Georgia parents want to create a lasting legacy that they can one day pass on to their children. For parents of children with special needs, estate planning often involves more than just leaving an inheritance. Special needs trusts can perform specific and specialized functions to ensure the continued care of adults with special needs, even after their parents have
Although virtually no one likes to think of becoming unable to make decisions on their own behalf, this is a reality that many people deal with each and every day. This makes having a living will and power of attorney a good idea for just about anybody in Georgia, but especially those who are well into their retirement years. However,
If you are a veteran and have a disability, you may be eligible for compensation through a government program such as Housebound or Aid & Attendance. However, applying for benefits can become complicated, and you may want assistance in preparing and submitting your claim. The first step is to determine whether you are eligible for one of these programs. Additional
There is no easy way to face the loss of a loved one. Whether their death came after a serious illness or was an unexpected loss, you and your family are probably dealing with a lot of difficult emotions right now. On top of grieving, you now have to handle your loved one’s estate, which probably means going through the
Few people in Georgia give much thought to their firearms when creating an estate plan, but they could be overlooking an important issue. Estate planning can not only protect the passing of a firearm to an heir, but doing it correctly can also keep heirs out of trouble with the law. Many firearms and other weapons are heavily regulated, and
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