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Estate Planning Is Not Just About the Legal Documents, Elder Law Attorney, Woodstock, GA


It is not enough to just get a pile of legal documents that make up an estate plan. The legal documents themselves are limited if you have not considered what it really means to transfer wealth from one generation to the next and have not planned accordingly.

It does not actually take very much to have an estate plan. A few simple documents, such as a will and a general durable power of attorney, can be considered an estate plan, but a truly effective estate plan is rarely so simple. The best estate plans are carefully considered to optimize the smooth transfer of wealth from one generation to the next. Recently, Forbes discussed what a wealth transfer plan includes in “The Difference Between Having An Estate Plan And A Wealth Transfer Plan.” The highlights include:

  • A good plan facilitates passing on not only wealth but also your goals and sound financial management strategies.
  • Encouraging your heirs to invest wisely and not waste newfound wealth.
  • Do not necessarily just give assets to heirs, but do so with the best legal instrument to preserve that wealth.
  • Let your family know what advisors you trust so that they know who to turn to for advice.

Working with qualified legal counsel can help ensure you do more than just plan your estate for death, but also incorporate wealth transfer planning so your estate lives on after you to the benefit of your heirs and beneficiaries.

Reference: Forbes (July 18, 2016) “The Difference Between Having An Estate Plan And A Wealth Transfer Plan

Hear From Our Clients
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“On the threshold of retirement, we finally decided to quit thinking we could self-prepare the requisite documents. We had previously had only a very simple will. We needed the necessary legal (including updated will) & health care docs but didn’t want to deal with the time & complication of legalese. Cindy made the process relatively painless. She took the time to explain and answer questions without trying to upsell services. We were done in 2 meetings plus the reading of emailed drafts. In addition to preparing the documents, Nelson Eldercare will be there when our adult children need advice on executing the plans we’ve put in place.So glad it’s behind us and would recommend Cindy and her helpful staff.”

- Bonnie

Cindy and her company treat their clients like family. Nelson’s offers clear, direct, and honest guidance in planning for your families security and future. No one wants to actively sit down and make these decisions, but Nelson’s makes this process seamless. I was so impressed with their willingness to answer all questions big or small. So glad I made the decision have them help my mom and dad and now me. You can’t go wrong with Nelson’s Elder Care Law.

- Hope

The very best elder law attorney and staff anyone could ever ask for! I have referred a number of clients to Cindy and she never disappoints. She is kind, caring, and extremely thorough in making sure everything is completed as it should be. I highly recommend Cindy for anyone needing lawyer services; she truly goes above and beyond for every client she helps and has had a huge impact in so many peoples’ lives. Thank you, Cindy and staff, for everything that you do- I’m so glad to know you!

- Kerri

I heard Cindy’s presentation at a Senior Luncheon at my church, and was very impressed. She helped my daughter and me understand many aspects of elder law. Josh has also been very helpful in my planning to enter an independent living situation . I have told many friends about them.

- Charlotte

Cindy and the Nelson Elder Care Law team are trustworthy and helpful. They are the experts in elder care law. At Leaf Cremation, we entrust our families to the care of the Nelson team when their services are needed.

- Pierce