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Things To Know About Estate Planning

Estate Planning Terminology Explained

Estate planning includes the use of special terms that may be confusing the first time you come across them. To help demystify the estate planning process, the explanations that follow will help you understand common estate planning words and phrases… Read More
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Covid-19 Update: How Can Elders and Their Families Stay Safe?

While the State of Georgia and most other states have begun to relax social and economic restrictions arising from coronavirus Covid-19, elders and their families should continue to take precautions to protect against infection. The risks to seniors… Read More
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Your Legal Needs Matter More Than Ever During Covid-19 — Including Your Estate Plan. We’re Here to Help.

During this unsettling time of the coronavirus Covid-19, all of us at Asset Protection & Elder Law of Georgia share the worries of every individual and family. But above all, we are ensuring that the legal needs of existing and new clients are me… Read More
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How Nursing Home Care Planning Protects Your Assets

Many aging adults require a stay in a nursing home at some point in their later years. Coping with the high cost of even a short stay creates emotional and financial strain for both the elder and their family. Anticipating these needs in advance can… Read More
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3 Reasons Why an Estate Plan For Your Aging Parent Is Essential

The best time for anyone to create an estate plan is when they are healthy — and that is especially true for older adults. Here are three reasons why an estate plan for your aging parent is essential. Reason #1: Who Will Manage Your Parent’s Fina… Read More
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elements of a will - Asset Protection & Elder Law of Georgia

5 Reasons Why a Will Is Not an Estate Plan

Having a Will is extremely important. But a Will is not an estate plan. An estate plan is more comprehensive than a Will. Your estate plan accomplishes goals that your Will does not and cannot. 1. A Will Does Not Protect You During Your Lifetime. A t… Read More
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How Does a Qualified Income Trust (Miller Trust) Help Medicaid Eligibility in Georgia?

Seniors applying for Medicaid to cover long-term care costs must meet both asset and income requirements to be eligible. If you are over the income limit, establishing a Qualified Income Trust (QIT) — also called a Miller Trust — may enable you t… Read More
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How Does the Medicaid Look-Back Rule Affect Medicaid Eligibility?

Eligibility for Medicaid coverage for long-term care costs requires a complicated analysis of a senior’s assets and income. One asset rule that causes a lot of confusion is the Medicaid look-back period. While the rule itself is complex to apply in… Read More
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What Is the VA Pension Aid and Attendance Benefit for Veterans?

A special program administered by the U.S. Department of Veterans Affairs (VA) provides the Aid and Attendance benefit for veterans. Many veterans and spouses are unaware of the benefit, which can help pay for long-term care needs and supplement the… Read More
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What Is the Effect of Income-Producing Property on Medicaid Eligibility in Georgia?

Medicaid is program funded jointly by the State of Georgia and the federal government that may benefit senior residents needing long-term care. The eligibility rules for Medicaid are extremely complicated. One particular issue that arises with some f… Read More
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