Decatur and surrounding areas are bursting with new and growing families. Parents of young children have many new responsibilities, not the least of which is setting a long-term plan to guide them into adulthood. An essential part of this plan is establishing a will to ensure that your children’s personal and financial needs will be […]
As the holidays roll by, the end of the year is a good time to take stock of the changes that have occurred in your family and the plans you should make for your children’s future. Here are a few items to consider from a legal perspective. Superfund College Savings A 529 college savings plan […]
Grow Your Retirement Accounts as Traditional Pensions Decline In the last 20 years, the number of people with traditional pensions from employers has been cut in half, and the assets held in 401(k), IRA, and other personal retirement accounts have more than quadrupled. As a result, the current generation of workers preparing for and entering […]
Parents with a new baby have lots of new responsibilities. Your most important role as a parent is to provide a home for your children and to make sure their needs are met. This includes a plan for their care and well-being if something were to happen to you, and a current will is an […]
You’ve heard the terms, but what exactly do they do? In the entertaining and poignant illustrated memoir “Can’t We Talk About Something More PLEASANT?,” author Roz Chast recounts her story of an only child dealing with the aging of her parents. Her father was obsessed with finding the “bankbooks,” sure that bandits were poised to […]
No one wants to be subject to the “death tax,” but the good news is that less than one percent of estates will have federal estate tax liability. For 2016, the federal estate and gift tax exemption is $5.45 million per individual, up from $5.43 million in 2015. Also, Georgia has abolished the state-level estate […]
You’ve heard it a hundred times: If you have children, own a home, or have other significant assets, it’s important to have a will, a power of attorney, and other estate planning documents. Why is this? It is to ensure the protection of you and your loved ones and the preservation of your hard-earned money. […]