On behalf of Law Office of Donald F. Hawbaker | Jul 31, 2018 | estate planning, Firm News
Every estate plan in Georgia has unique aspects, but most benefactors need to select trusted agents to fill roles like trustees, power of attorney agent or executor. When choosing people or professional organizations to occupy these positions, people typically need to...
On behalf of Law Office of Donald F. Hawbaker | Jul 25, 2018 | estate planning, Firm News
A Georgia entrepreneur who runs a business or has other complex investments might want to eventually pass on these assets to their children. However, a family member may not be the best choice to take over a company or manage other complicated assets. Another option...
On behalf of Law Office of Donald F. Hawbaker | Jul 18, 2018 | Firm News
Despite best efforts, few people are prepared when the time comes to send their parent to a nursing home. While some senior’s health gradually declines and your moment of decision is less clear, other seniors have a sudden incident, such as a fall or an illness,...
On behalf of Law Office of Donald F. Hawbaker | Jul 18, 2018 | estate planning, Firm News
While trusts can be helpful for those in Georgia who are looking to take advantage of the new estate tax rules, this isn’t always the case. As a general rule, trusts should not be setup for grandchildren as there could be other ways to help them. Financial...
On behalf of Law Office of Donald F. Hawbaker | Jul 12, 2018 | elder law/long-term care planning, Elder Law/long-term Care Planning, Firm News
According to Key Private Bank, less than 25 percent of clients with a high net worth have long-term care plans in place. For the purposes of the study, a Georgia resident would qualify as high net worth if he or she had more than $1 million in assets. One of the...
On behalf of Law Office of Donald F. Hawbaker | Jul 3, 2018 | estate planning, Firm News
As interest rates fluctuate, individuals should revisit their trust-planning strategies. Certain types of trusts tend to provide better value than others in high interest rate environments. Georgia residents may consider updating their estate plans to include a...