by Madalyn Davis | Aug 21, 2018 | Elder Care, Estate Planning, Wills & Trust
One of the most frequent problems I see in probate is improper titling on the deed for the home. Many couples believe because they bought the house together, they own it together and when one of them passes the home automatically goes to the surviving spouse. What...
by Madalyn Davis | Aug 14, 2018 | Elder Care, Estate Planning, Wills & Trust
I often hear, “I already have a Will, I don’t need to do that again.” What most clients don’t consider is how life circumstances may change their estate plan, or how changes in law could impact the documents that have already been executed. Even for clients who have...
by Madalyn Davis | Aug 7, 2018 | Estate Planning, Wills & Trust
As your family grows, and your asset portfolio grows, the needs of your estate plan change too. The “walls” of a good plan grow with your family and your assets. Part of estate planning is considering your current situation (children, assets, etc.), but a larger part...
by Madalyn Davis | Jul 31, 2018 | Estate Planning, Wills & Trust
Building a strong foundation at a young age can prepare you for unforeseen circumstances. A good financial planner will help you build an initial savings account and set up your first IRA and investments. Something you may not have considered, or thought was...
by Madalyn Davis | Jul 24, 2018 | Elder Care, Estate Planning, Wills & Trust
Estate planning is not just for the rich, old and ill. A good estate planner takes a holistic look at your assets and protection: from insurance to house deeds and medical care. Sometimes it’s helpful to think of proper planning like a house. Your Will, Health Care...
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 Susan Grissom | Jun 19, 2018 | Elder Care, Estate Planning
Your role as parent has meant a lifetime of caring for your children. As you age, though, those roles are sometimes reversed, and your children may find themselves in the role of caregiver. Before you reach that critical turning point, it’s a good idea to make your...
