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Nelson Elder Care Law
Woodstock, GA
I help seniors to protect their hard-earned life savings as they age.
Recent Activity
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Though retirement can be a fulfilling time in people's lives, it can also be a stressful one. This especially holds true, if you fall victim to the following mistakes, so be sure to avoid them at all costs. Continue reading
Posted 15 hours ago at Nelson Elder Care Law
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Although we typically associate the term “estate” with the ultra-wealthy, estate planning is not just for the rich. Everyone, regardless of family dynamics or financial status, can benefit from having an estate plan—a collection of documents that specify how you want your assets distributed. Continue reading
Posted yesterday at Nelson Elder Care Law
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A 401(k) plan ensures that you have money to spend during your retirement years. However, there are reasons why a 401(k) stinks. Continue reading
Posted 2 days ago at Nelson Elder Care Law
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As our lives become more and more connected online, we increasingly need to also consider what to do with the digital estate, the online accounts of our dearly departed, many of which hold photos and personal memories, as well as sensitive financial information. Continue reading
Posted 3 days ago at Nelson Elder Care Law
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If you're part of a married couple, it's highly likely that one of you will become a widow or widower at some point. Continue reading
Posted 6 days ago at Nelson Elder Care Law
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Workers aren’t the only ones who need to double-check that they’re withholding sufficient taxes. The IRS is warning retirees to ensure they're paying enough federal income tax. Continue reading
Posted 7 days ago at Nelson Elder Care Law
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As with most things, a will’s value is relative; it largely depends on your unique circumstances. Continue reading
Posted Nov 7, 2018 at Nelson Elder Care Law
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Most gun owners are cognizant of the strict regulations concerning ownership of a firearm. However, their family members and heirs are often unaware of the laws governing the disposition of a firearm, when the gun owner dies. Continue reading
Posted Nov 6, 2018 at Nelson Elder Care Law
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Retirees living abroad have to take special care with their tax returns. If you forget to check it off this box on Schedule B when you live overseas, it could mean big trouble with the IRS. Continue reading
Posted Nov 5, 2018 at Nelson Elder Care Law
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Your 50s are a time of transition. Many workers reach their peak earning years in their 50s, having found their ideal career niche. Continue reading
Posted Nov 2, 2018 at Nelson Elder Care Law
Advance directives come up frequently in conversations about health care decision-making, as people age. Their purpose is to provide written instructions for medical care, in instances where a patient is unable to communicate them herself. Continue reading
Posted Nov 1, 2018 at Nelson Elder Care Law
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The problem is that my parents want to designate me as their power of attorney, for both health care and financial decisions, since I live in their community. Unfortunately, my siblings feel slighted. Continue reading
Posted Oct 31, 2018 at Nelson Elder Care Law
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There is no doubt that, for the most part, parents are much more involved with their children and their children’s more numerous activities, than parents were when I was growing up. Continue reading
Posted Oct 30, 2018 at Nelson Elder Care Law
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Many homeowners plan to stay in their homes over the long-term, and some may plan to live independently at home, rather than moving into a retirement community, if possible. Continue reading
Posted Oct 29, 2018 at Nelson Elder Care Law
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Most Americans enter retirement age with access to Social Security benefits. Many people also have Individual Retirement Accounts, including those that were funded by transferring money from workplace 401(k) plans. Continue reading
Posted Oct 26, 2018 at Nelson Elder Care Law
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There is a lot to think about, when business owners begin estate planning. Continue reading
Posted Oct 25, 2018 at Nelson Elder Care Law
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It’s a tough situation for people in financial services. However, these circumstances can pull the curtain back on elder financial abuse. That’s because banks and other financial institutions can sometimes spot potential problems early. Continue reading
Posted Oct 23, 2018 at Nelson Elder Care Law
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A judge is being asked to order a variety of groups to provide any records of his assets. The estate of Indiana, who died in May, is initially estimated to be worth $50 million. Continue reading
Posted Oct 23, 2018 at Nelson Elder Care Law
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A report shows that 82% of surviving spouses could have collected a higher benefit, if they restricted their application to survivor benefits and waited until the age of 70 to claim their own retirement benefits. Continue reading
Posted Oct 23, 2018 at Nelson Elder Care Law
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Do not buy into the myth that estate planning is only relevant for wealthy individuals who need tax planning. Continue reading
Posted Oct 19, 2018 at Nelson Elder Care Law
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Aretha Franklin's death is going to cause some headaches for her heirs. Continue reading
Posted Oct 18, 2018 at Nelson Elder Care Law
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When my husband and I were in our 20s, we didn’t have what anyone would consider an ‘estate.’ We lived paycheck to paycheck and had a mortgage on a small house. We did, however, have two priceless assets that provided good reasons for us to make a will—our children. Continue reading
Posted Oct 17, 2018 at Nelson Elder Care Law
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Everyone needs a will, but, increasingly, estate planners say people also could benefit from setting up a trust while they are alive. That step would help assure that their assets are distributed more quickly, their bills paid promptly and continuously and personal information about property and other assets are kept out of the public eye. Continue reading
Posted Oct 16, 2018 at Nelson Elder Care Law
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For women in particular, divorce is financially perilous—at least, that’s what nearly all the studies tell us. Continue reading
Posted Oct 15, 2018 at Nelson Elder Care Law
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Many times, people spend a great deal of time, energy and money creating an estate plan. However, the plan does not work, because their assets are not funded properly. Continue reading
Posted Oct 12, 2018 at Nelson Elder Care Law