Required

It Takes More Than a Will – Woodstock, Georgia Elder Law Attorney

People often think that if they have a will along with other basic estate planning documents, then they have everything that they need for someone to administer their estate. This is an erroneous assumption.

Properly planning an estate requires a lot more work than just having basic estate planning documents, such as a will, trust and powers of attorney. It also requires that you think about all of the little things someone might need to know to effectively administer your estate and wrap up your affairs. In a recent article titled There’s More to Estate Planning Than Just the Will,” the New York Times details some other information you might need to gather and make accessible to someone administering your estate.

The list includes:

  • Passwords and Login Information – For someone to administer your estate, they need to know how to access your accounts.
  • Tax Documents – If the IRS decides to audit you or your business after you pass away, it will be important to have your tax documents and receipts.
  • Medical History – Younger relatives may someday need to know about what illnesses run in the family.
  • Regular Bills – If a company routinely debits your bank account or credit card, an administrator needs to know about this so the payments can be stopped.
  • Keys – Make sure someone will know how to open everything in your home.

While the list from the New York Times is not exhaustive, it certainly is a great start. Every estate is different. However, every estate is similar in that the estate plan needs to include more than just the standard legal documents. It also needs to include information about how to effectively administer your estate.

An elder law attorney can assist you with how to make sure that your estate plan includes everything that is truly needed.

Reference: New York Times (September 5, 2014) There’s More to Estate Planning Than Just the Will

Hear From Our Clients
tes-prev
tes-next

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

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

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

Josh Nelson, and his staff, have been amazingly helpful to our family. The ins and outs of nursing homes, the rules and regulations that govern Medicare and Medicaid are daunting and the folks at Nelson Elder Care Law have been informative, responsive, and above all, empathetic. I cannot emphasize enough how their service has taken a weight off of our shoulders especially during a world pandemic that has targeted nursing homes across our country. I highly recommend retaining Josh and his firm!

- Marcia

I had a simple legal question to them that I needed answered and they very helpful in giving me the information I needed. I highly recommend them and will reach out to them if I need more advice or assistance. Thank you for taking your time to just answer a couple of questions I had!

- Ben