We face many new challenges as we age, and that includes managing the legal questions surrounding topics such as medical care, assets, and inheritance. It is easy to put off important issues, but waiting too long can have unforeseen consequences.
Without a well-considered estate plan, you risk leaving important medical and financial decisions to people you may not have chosen, and you might lose control over significant assets. Our estate planning lawyers in Woodstock, Georgia, can help make sure you’re protected.
At Nelson Elder Care Law, we’ve helped over 7,000 families manage the complex legal issues that go along with aging. Contact us today to request a Legacy Planning Meeting and discover how our elder care lawyers in Woodstock can help you put together a smart and legally sound estate plan.
What Is Estate Planning?
Estate planning uses legal strategies to organize your assets, medical care preferences, and personal representatives. It ensures your wishes are carried out, safeguards your loved ones’ interests, and helps reduce potential legal conflicts, delays, and tax burdens.
Our estate planning attorneys in Woodstock can help you create a comprehensive strategy that:
- Ensures your wishes are honored after your passing or in the event of incapacity
- Provides for your loved ones by naming guardians for dependents
- Plans in advance for long-term care, healthcare decisions, and medical needs
- Prevents conflict or confusion among family members by clearly outlining your intentions
- Minimizes or eliminates the impact of Medicaid Estate Recovery
- Facilitates a smooth transition of your business to the heirs of your choosing
It is smart to begin estate planning around retirement age, though depending on your situation, you may want some documents in place much sooner. We can evaluate your needs during your evaluation and offer advice on how best to proceed.
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Why Hire an Estate Planning Lawyer?While it’s possible to create an estate plan without an attorney, doing so comes with serious risks. One small mistake could undermine your entire strategy. When you work with our experienced team, you gain peace of mind that DIY approaches can’t provide.
Some of the benefits of working with our Woodstock estate planning lawyers include:
Elder Law Experience
We may suggest strategies or ideas that you weren’t aware of and would not have considered on your own. We tailor our recommendations to your specific goals and challenges and will make sure you are informed of your options before committing to a plan.
Legally Sound Documents
Online documents are often generic and may not address your unique needs or comply with Georgia law. Our attorneys draft your estate planning documents with the intention that they will hold up to legal scrutiny in a Georgia court.
Comprehensive Planning
We consider the big picture, and we can make sure all of your documents and strategies work toward the same goals and outcomes. You won’t need to worry about conflicts, confusion, or oversights when you’re working with our skilled team.
Decision-Making Advice
Sometimes it’s hard to know what to do when planning for the future. While the decisions are always yours, we can help you fully understand the pros and cons of various estate planning approaches so you can make informed decisions.
Ongoing Support
When life changes, we’ll be here to help you alter your estate plan along with it. One of the main benefits of working with a lawyer for your estate planning is having someone on your side who can advise you every step of the way.
Probate Avoidance
In Georgia, the laws surrounding probate are extremely complicated, and you can encounter numerous delays and issues as you navigate the process. One of the biggest advantages of estate planning with Nelson Elder Car Law is that we can help you avoid the probate process altogether.
This is ideal, as it simplifies everything tremendously and will help keep your stress levels at a minimum.
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What Estate Planning Options Are Available?
The complexity of your estate planning will depend on your circumstances. If you have substantial assets, own a business, are concerned about the probate process in Georgia, or have dependents to support, you may benefit from extensive legal protections.
Some of the common estate planning tools most people should consider include:
- Medical Power of Attorney: Appoints a trusted agent to make healthcare decisions for you if you become unable to do so
- Financial Power of Attorney: Designates an agent to manage your finances and business affairs on your behalf
- Advance Healthcare Directive: Your advance directive, sometimes called a living will, states your wishes for life-sustaining treatment when you are unable to speak for yourself
- Last Will and Testament: A legal document that specifies how you wish your assets distributed, who should manage your estate, and, if applicable, who should care for your dependents after your death
Absolute Protection Trust™
At Nelson Elder Care Law, we do not use irrevocable trusts. Instead, we offer clients our Absolute Protection Trust™. These bring a wide range of advantages that you won’t find in other options, including:
- Strong asset protection in the form of legal tools that protect you from unforeseen threats
- Easy asset transfers carried out with guidance from our skilled and experienced Funding Managers
- A high level of flexibility through our Trust Protector™, which allows you to modify your trust as your life changes
At your Legacy Planning Meeting, we can discuss how you and your family might benefit from an Absolute Protection Trust™.
Get Help From an Estate Planning Attorney in Woodstock
A well-thought-out estate plan created with assistance from a knowledgeable attorney can ensure your wishes are honored as you age, even if you can’t speak for yourself any longer. It can protect your assets and settle disputes between family members.
On the other hand, putting off estate planning until it is too late can mean fewer options, loss of control of your assets, and potential confusion in an emergency. Your estate planning attorneys in Woodstock can help you make sure that doesn’t happen.
Our team at Nelson Elder Care Law has advocated for the rights of older Georgians and their families since 2014. You can count on us for legal advice and support when life throws you a curveball.
Call today to request a Legacy Planning Meeting and find out how we can help.
