While many people turn to Estate Planning when it comes to preparing for their eventual passing, it is equally important to consider your present and how a well-structured plan could protect it. Elder Law helps you take the necessary steps to protect your rights and property in the upcoming years.
However, understanding the unique aspects of Elder Law in Marietta could be difficult without guidance from a seasoned attorney. Our team at Nelson Elder Care Law is well-versed in this area of law and can help you craft the documents necessary to protect yourself.
A common concern that many people have when Estate Planning is the idea of an Estate Tax. While Georgia is not unique in being a state that does not collect an Estate Tax, this vital piece of information could help people to better plan the financial futures of their heirs.
It is also important to recognize that all Estate Planners nationwide must consider their tax liabilities under the federal Estate Tax. As of 2022, this only applies to Estates with a value in excess of $12,060,000.
Another common concern that you may have when considering your future is how you will be able to pay for nursing home care. You must also consider how to protect your assets when time comes to make this move. This is a unique issue that our Marietta Elder Law attorneys could address. Nelson Elder Care Law can help you create a Trusts to shield assets from liquidation to pay for nursing home care and qualify for Medicaid.
Another unique aspect of Elder Law in Marietta is the protection of your rights in the event of incapacitation due to injury or illness. Through effective Estate Planning, you can elect a trusted loved one to make certain decisions on your behalf.
A common example of this is an Advanced Healthcare Directive. These documents provide strict instructions to doctors and family members about what medical care you want and under what circumstances. Under the Official Code of Georgia Annotated § 31-32-4, these documents must contain the signature of the subject as well as those of at least two witnesses. This process differs from similar concepts under the law of other states.
Retaining control over your future may also be possible through the creation of a Power of Attorney. Similar to the procedure necessary for Advanced Directives for Healthcare, state law outlines the ability of the holders of these documents to act on behalf of the subject. This includes managing property, paying taxes, and pursuing litigation.
Several concepts under the law have a direct impact on your ability to plan for your future. Understanding the unique aspects of Elder Law in Marietta could ensure you properly protect your future and can maintain control over your assets and healthcare during your lifetime. Nelson Elder Care Law can help you prepare for the unexpected. Call us today to learn more.
“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.”
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.
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!
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.
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.