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New Year’s Estate Planning Tips, Elder Law Attorney, Woodstock, GA


Every time the calendar turns over to a new year, it is a good idea to review any estate plans that you might have made.

Periodically reviewing your estate plan is necessary if you want your plan to remain effective. Things change and your estate plan should change to reflect that.

Even if you do not think that there have been any substantial changes that would require an update to your estate plan, you should review it anyway, just in case. Many people advise that you should review your plans when filing your taxes because it is easy to remember to do so then.

Recently, the Wills, Trusts & Estates Prof Blog offered some estate planning tips that can help you review in “Tips for Estate Planners in 2017,” including:

  • Make sure that your life insurance policies are up to date.
  • Write down what your children should do in the case of an emergency.
  • Save your family the hassle of providing for your burial and make those plans yourself.
  • Put money in a 529 plan to provide for the educations of your children or grandchildren.
  • Hold a family meeting so everyone knows what to expect from your estate plan.
  • Create a list of your important assets for your estate administrator.
  • Make sure someone can access your passwords to digital accounts, in case something happens to you.
  • Update charitable bequests, if necessary.

Reference: Wills, Trusts & Estates Prof Blog (Jan. 21, 2017) “Tips for Estate Planners in 2017.”

 

Hear From Our Clients
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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