by Madalyn Davis | Jul 17, 2018 | Elder Care, Estate Planning, Wills & Trust
With life expectancy rising and the average cost of assisted living in the Johns Creek area around $3,700 a month (or $30,000 a year) businesses that cater to the aging population are growing exponentially. Everywhere I look these days I see construction for a new...
by Madalyn Davis | Jul 10, 2018 | Elder Care, Estate Planning
Several of our clients have reverse mortgages or have considered reverse mortgages and have asked what they are and how they work. Reverse mortgages take the equity from your home and convert it to a loan that the lender pays to you. If you are 62 or older, you can...
by Madalyn Davis | Jul 3, 2018 | Elder Care, Estate Planning
As of July 1, 2017, Georgia has a new Statutory Power of Attorney form. A financial power of attorney appoints someone you name (an agent) to take care of your finances if you become incapacitated. Your agent pays your bills, manages your investments, and takes care...
by Madalyn Davis | Jun 26, 2018 | Elder Care, Estate Planning, Wills & Trust
The terms “living will” and “healthcare directive” are often used interchangeably, but there are some key differences in the two documents. In 2007 Georgia law created the Advanced Health Care Directive, replacing the Living Will and Durable Power of Attorney. The...
by Madalyn Davis | May 22, 2018 | Estate Planning, Special Needs Trust, Wills & Trust
Disabled Georgians have a new program to assist in their goal of financial independence. As of June 14, 2017, Georgia is the 22nd State to launch an Achieving a Better Life Enrichment (“ABLE”) program, labeled STABLE, to assist disabled individuals in saving private...
