Create Or Update A Will To Reflect Your Wishes For Your Estate And More
A will is the most fundamental aspect of an estate plan. If you have put off creating or updating your estate plan and want to rectify that, your will is a good place to start. You may have realized that a will update is overdue after you:
- Moved to Georgia
- Got married or divorced
- Were widowed
- Became a parent
- Started a business
- Decided to include a charitable cause in your will
Whatever has prompted you to take this important step, we, the attorneys at Hunt & Taylor Law Group, LLC, applaud your decision. As long-time lawyers in Gainesville, we have helped multiple generations of clients in this region with estate plans and administration. We are available to help you craft a will for peace of mind and possibly establish trusts for specific purposes.
Please see our Georgia Estate Planning FAQ to learn more.
Simplify And Customize Your Estate With One Or More Trusts
Probate is an effective way to distribute assets, but the process takes time and involves a series of steps. Some people opt to keep portions of their estates out of probate court by titling them to trusts that they set up, such as:
- A revocable living trust
- A supplemental needs trust, also referred to as a special needs trust
- A charitable trust
This is a small sample of the many types of trusts allowing for a tailor-made estate plan. Turn to Hunt & Taylor Law Group, LLC, for guidance in choosing and implementing a trust to meet your needs.
A Long Look Ahead Along With Estate Planning: Medicare And Medicaid Planning
For many people, creating powers of attorney and planning for the settling of their estates also includes looking hard at financial realities that could affect those estates over time. Our lawyers advise clients on all facets of lifelong asset management, including Medicare and Medicaid planning.
Deciding when and how to sign up for Medicare can have long-range effects on one’s financial well-being. Many clients who are planning estates also ask our attorneys for help with the following issues:
- Coordinating changes in health savings account (HSA) contributions and the timing of retirement with the nuts and bolts of applying for Medicare (the publicly funded health care plan that most American retirees rely on)
- Using trusts, gifts to family members and other strategies well in advance of the need for long-term care and planning for a possible need for Medicaid someday (public medical care funding for people with few assets)